NRDC Pays Royalty of Rs. Rs. 9.87 Cr to DSIR and CSIR

New Delhi: National Research Development Corporation (NRDC) has paid Rs. Rs. 9.87 Crores to Department of Scientific and Industrial Research (DSIR), and Council of Scientific and Industrial Research (CSIR) towards Royalty share for commercializing their technologies to SMEs/Start-ups/Corporates for the year 2018-19, which is 27.8% higher than the last year.

 

The cheque was presented to Dr.  Shekhar C. Mande, Director General, CSIR & Secretary DSIR by Dr. H. Purushotham, CMD, NRDC.

 

NRDC is an Enterprise under the Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology, Govt. of India, is actively engaged in commercialisation of Intellectual Properties/ technologies developed by various public funded R&D institutions like DSIR,CSIR, DRDO, ICAR, ICMR, PSUs and Universities. During the last 5 years NRDC paid Rs. 37.72 Crores Royalty to DSIR & CSIR.