Cabinet Approves DSIR’s Rs 22.77 Bn Capacity Building Scheme

27 Sep 2025 CW Team

The Cabinet, chaired by Prime Minister Narendra Modi, has approved the Department of Scientific and Industrial Research (DSIR) / Council of Scientific and Industrial Research (CSIR) scheme on “Capacity Building and Human Resource Development” with an outlay of Rs 22.77 billion for the Fifteenth Finance Commission period (2021-22 to 2025-26).

Implemented by CSIR, the scheme covers R&D institutions, national laboratories, Institutes of National Importance, Institutes of Eminence, and universities nationwide. It provides a platform for young researchers aspiring to careers in academia, industry, and national R&D labs, fostering growth in Science, Technology & Engineering, Medical, and Mathematical Sciences (STEMM).

The scheme supports Sustainable Development Goals (SDGs) by increasing researchers per million population, expanding India’s high-quality S&T workforce, and contributing to the nation’s improved Global Innovation Index ranking—39th in 2024. It has already aided thousands of scholars, enhancing India’s position among the top three countries for scientific paper publications, according to NSF, USA data.

CSIR’s umbrella scheme includes four sub-programmes:

1. Doctoral and Postdoctoral Fellowships

2. Extramural Research Scheme, Emeritus Scientist Scheme, and Bhatnagar Fellowship

3. Promotion and Recognition of Excellence through Awards

4. Knowledge sharing via Travel and Symposia Grants

This approval marks a historic milestone for CSIR in its 84-year legacy, strengthening India’s R&D capabilities for present and future generations.

News source: PIB

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..