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PM Modi, chairs meeting of the CSIR society in New Delhi
PM given overview of work done by CSIR in addressing national challenges
PM Modi calls for laying down parameters to assess the performance of CSIR labs
Research done by CSIR labs to help in new Start Up ideas
List problems being faced by people, take up the challenge of solving them technologically: PM to CSIR scientists

The Prime Minister, Shri Narendra Modi, chaired a meeting of the CSIR society in New Delhi.

The Prime Minister was given an overview of the work done by CSIR in addressing national challenges, and its recognition as a major Indian innovator.

Members mentioned the potential that exists for a large number of start-ups to emerge from the research being done by CSIR labs. They stressed the importance of converting lab research to commercial applications. Medical device manufacturing, energy, and waste management were some of the areas mentioned where CSIR could play a key role.

The Prime Minister called for laying down parameters to assess the performance of CSIR labs; and a mechanism whereby there could be internal competition among various labs.

He called upon the scientific community at CSIR to list at least one hundred problems being faced by people in various parts of India, and take up the challenge of solving them technologically within a specified time period.

Mentioning key areas where CSIR could take the lead in providing breakthroughs, the Prime Minister spoke of sickle cell anaemia among the tribal people, defence equipment manufacturing, life-saving equipment for the jawans, innovations related to solar energy, and innovations related to the agriculture sector.

The Prime Minister emphasized that he would like to see CSIR oriented towards making the life of the common man better, and providing technological solutions to the problems of the poor and downtrodden sections of society.

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Cabinet gives ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries
June 28, 2017
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Cabinet gives ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries 

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air India and five of its subsidiaries) based on the recommendations of Core Group of Secretaries on Disinvestment (CGD).

(i) ‘In principle’ approval for considering strategic disinvestment of Air India and five of its subsidiaries.

(ii) Constitution of an Air India-specific Alternative Mechanism headed by Minister of Finance including Minister for Civil Aviation and such other Minister(s) to guide the process on strategic disinvestment from time to time and decide the following:

  1. Treatment of unsustainable debt of Air India;
  2. Hiving off of certain assets to a shell company;
  3. Demerger and strategic disinvestment of three profit-making subsidiaries;
  4. The quantum of disinvestment; and
  5. The universe of bidders.