| NRDC MOU performance rated as excellent
for three consecutive years |
A motivated strategic drive
coupled with dedication has resulted in National Research Development Corporation
(NRDC) registering an enhanced surplus before tax of Rs.61.59 lakhs in 2007-08
as compared to Rs. 33.76 lakhs in 2006-07. The Corporations income from
its principal sources of revenue i.e. lump sum premium and royalty on the licensing
of indigenous technologies to industry in 2007-08 was Rs. 419.28 lakhs as compared
to Rs. 412.37 lakhs in 2006-07.
The Department of Public Enterprises has
given an Excellent rating to the Corporation for its MOU performance
during the last three years (i.e. 2005-06, 2006-07 and 2007-08). The Corporation
continued its efforts to widen its technology resource base by nurturing long-term
relationships with R&D Organisations as well as universities, technical institutes,
industries and individual inventors. In this endeavour the Corporation signed
Memorandum of Understanding or Memorandum of Agreements with Punjabi University,
Patiala, PSG College, Coimbatore, IVRI, Izatnagar and Y.S. Parmar University,
Nauni for assignment of technologies developed by them.
During the year
2007-08 the 58 new processes were assigned to the Corporation as compared to 39
processes in previous year. Some of the commercially important processes acquired
during the year were Ayush AG Tablet, A Process for Preparation of Wheat Based
Choclate Bar, Thermo Chemical Processing of China Clay, Fresh Spices Processing,
Eco Friendly Process for Manufacture of High Grade Synthetic Rutile, Non-Conventional
Driers for Drying Agro Products, Papaya Powder, Development of Probiotic Fermented
Indigenous Food, B-Carotene & Iron Rich Biscuits and Shakarpara, Hydrogel,
Nemagel. These processes have considerable potential for marketing and licensing
to industry both at home and abroad.
The Corporation signed 41 licence
agreements with industry during the year. Some of the major technologies licensed
by the Corporation during the year were: FMD Vaccine, Acido Whey, Aonla Pricking
Machine,Test kit fir Microbiological Quality of Drinking Water, Morizyme-b, Hydrogel,
High Pressure Sericulture Sprayer, Seri Humidifier-cum-Heater, Medicine Kit Containing
17 Formulation, Mosquito larvicide formulation of Bacillus Thuringiensis (BT).
Substantial royalties are expected from these processes in the coming years.
Corporation had initiated developing Basic Engineering Design Packages (BEDP)
for up-scaling the lab scale technologies. During the year, BEDP were developed
for Goat Pox Vaccine, Herbal Lipstick, Re-refining of used Engine Oil, Long Shelf
Life Paneer, Mozarella Cheese, Low Cholestrol Ghee.
Apart from transfer
of eco-friendly technologies to the industry, vigorous efforts have been made
to meet the Social Responsibility of the Corporation. With a view to take a step
in this direction, the corporation initiated Women Entrepreneurship Development
Programme with the objective to empower women by improving their economic status
and bringing them into the mainstream of development and also various programmes
in the North East region.
NRDC is a public sector Enterprise of the Department
of Scientific Industrial Research, Ministry of Science and Technology, Government
of India, company wholly dedicated to developing, licensing and commercialisation
of indigenous technologies. Its basic charter involves technical, commercial and
financial measures needed for closing gaps in the innovation chain
through which an idea, invention or process is converted into a product in the
Press Information Bureau
Date : February