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GRANT FOR RENEWABLE ENERGY SECTOR BY MINISTRY OF RENEWABLE ENERGY, GOVT OF INDIA

(Article By Chayan Sen, Funding Associate, SCPL) Renewable Energy Research and Technology Development (RETD) Programme of the Ministry  of New and Renewable Energy (MNRE) for implementation during the period 2017-18 to 2019- 20 at a total cost of Rs. 175.87 crore. The scheme will continue till March 31st, 2021 The  scheme aims at scaling up… Continue reading GRANT FOR RENEWABLE ENERGY SECTOR BY MINISTRY OF RENEWABLE ENERGY, GOVT OF INDIA

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Demystifying Electric Vehicles: Zooming Towards A Sustainable Future

(By Sangharsh Kale, R&D Incentives Associate, SCPL) Electric cars are powered by an electric motor rather than a traditional diesel or petrol motor. The electric motor itself is powered by rechargeable batteries which can be charged just like our mobile phones. Electric vehicle(EVs) are fast, fun & efficient, and maintaining them is far simpler than… Continue reading Demystifying Electric Vehicles: Zooming Towards A Sustainable Future

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Why Branding Matters More Than Ever?

(Article by Rajesh Ravindranathan, Head HR & Finance, SCPL) As the Covid-19 epidemic breaks mayhem in the retail industry, there are some questions to be answered, namely: will businesses risk and increase their spending on branding in the aftermath of such a devastating crisis? Advertising and promotions are what a product describes about itself to consumers. It… Continue reading Why Branding Matters More Than Ever?

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Overview of R&D Funding In Life Science Sector In India

(Article By Chayan Sen, Funding Associate, SCPL) The public investment in Research and Development as a fraction of GDP has remained constant for the  last two years in India. The growth in R&D expenditure should correspond in proportion to the economic  growth and should be targeted to reach at least 2 percent of GDP by… Continue reading Overview of R&D Funding In Life Science Sector In India

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DSIR Recognition for Compliance in Seed Industry

The Covid-19 Pandemic has rocked the world’s economies. India was hit the hardest with a 23.9% dip in GDP numbers. Trade, hotels, transport & communication saw a 47% dip, manufacturing shrank 39.3%, while construction took a 50.3% hit. The lone bright spot was agricultural sector, growing at 3.4% and that is what we are going… Continue reading DSIR Recognition for Compliance in Seed Industry

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Budget 2020 Expectations for Research & Development in India

The Government of India is all set to table its Union Budget on 1st Feb, 2020 in the Parliament. It is anticipated that, a bold step will be taken towards reviving the economy through this budget like increase in 80-C, Cap on deductions & rise in tax exemption limit for the citizens. As we are here to discuss our expectations from the government to promote R&D in… Continue reading Budget 2020 Expectations for Research & Development in India

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Implication of new corporate tax cut on scientific research

The unexpected announcement of reduced corporate tax rate for prevailing companies to 22% plus surcharge U/S 115 BAA has been a major blow to scientific research in this India by affecting all major manufacturing companies, IITs, Government funded research laboratories, deemed universities and private funded tech institutes. The consequence of the reduced corporate tax rate with regards to the scientific research is as follows:- a. Under Section… Continue reading Implication of new corporate tax cut on scientific research