Amid growing outcry against the Centres move to privatise Rashtriya Ispat Nigam Limited (RINL) which has a steel plant in Visakhapatnam, Chief Minister Y S Jagan Mohan Reddy has written to Prime Minister Narendra Modi to reconsider the decision.
Vizag Steel Plant Privatisation Row: CM Jagan Writes to PM Modi to Reconsider
Recently, the Cabinet Committee on Economic Affairs had given in-principle approval for 100% strategic disinvestment of the Centre s shareholding in Rashtriya Ispat Nigam Limited.
A view of Visakhapatnam Steel Plant (VSP) under the corporate entity Rashtriya Ispat Nigam Ltd. Photo: Vizag Steel website
Government07/Feb/2021
Amaravati: Amid growing outcry against the Centre’s move to privatise Rashtriya Ispat Nigam Limited (RINL) which has a steel plant in Visakhapatnam, chief minister Y.S. Jagan Mohan Reddy has written to Prime Minister Narendra Modi to reconsider the decision.
He said the state government is ready to work with the steel ministry to protect the Public Sector Enterprise (PSE), which provides employment to 20,000 people directly and many others indirectly.
BIRAC approves setting up of BioNEST in Manipal
January 12, 2021
To help promote bio-tech innovation ecosystem
Biotechnology Industry Research Assistance Council (BIRAC), a public sector enterprise by the Department of Biotechnology of the Government of India, has approved the setting up of a BioNEST (Bio incubators Nurturing Entrepreneurship for Scaling Technologies) at the Manipal Academy of Higher Education (MAHE) campus in Manipal.
MAHE’s initiative to BIRAC to augment the facilities by establishing BioNEST was granted at the existing Manipal-Government of Karnataka (GoK) Bioincubator, supported by the Karnataka Innovation and Technology Society (KITS) and MAHE.
A press release said that the facility will be set up at a cost of ₹6.2 crore with world-class infrastructure. BioNEST is aimed at catering to the needs of incubating innovative biotechnology enterprises and at promoting a biotechnology innovation ecosystem.