Saturday, July 21, 2018

‘Rent-a-lab’ policy to bring revenues to institutions

NEW DELHI, JULY 21, 2018 00:00 IST

The government has proposed a policy that could transform scientific instruments in government labs into lucrative assets generating a steady rental income. It plans to hire out to researchers all lab equipment that cost more than Rs. 10 lakh. This would also reduce the amount of time such expensive instruments remain idle.

The policy, called Scientific Research Infrastructure Management and Networks (SRIMAN), wouldn’t, “for the present,” apply to strategic sectors. The policy is open to public comments for a month, says a note on website of Department of Science and Technology (DST).

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