Question : Soft Term Loan

(a) whether CSIR has sanctioned soft term loan to various companies for R&D;

(b) if so, the details thereof and the criteria adopted for getting loans;

(c) the number of companies provided loan and the period of loan and the name of projects for which loan was extended along with the present status of loan recovery; and

(d) whether any company has termed sick after getting loan and if so, the details thereof?

Answer given by the minister

MINISTER OF STATE FOR SCIENCE AND TECHNOLOGY AND EARTH SCIENCES

(SHRI Y.S. CHOWDARY)

(a) Yes, Madam. Council of Scientific & Industrial Research (CSIR) provides soft loan for Research and Development activities to companies under the New Millennium Indian Technology Leadership Initiative (NMITLI) Scheme. The financial support to industry is in the form of soft loan with 3% interest.

(b)&(c) Name of projects, name of companies, amount of loan given, period of loan given and status of repayment of loan is given in Annexure-1. Norms adopted for granting loan is based on selection of project through CCEA approved procedure involving rigorous screening and project review. The criteria for selection of the project are based on novelty of the proposal, potential technological benefits and the ability of industry to capture those benefits.

(d) M/s Samtel Color Limited, Ghaziabad has become sick after availing loan and implementing the project.

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Annexure 1
Details of loan under NMITLI Scheme
(Rupees in lakh)
S.No. Name of Project Company name Loan amount Period of loan disbursement Status of loan repayment
1 5 & 25kw decentralized power packs Sud-Chemie India Ltd., New Delhi 50.000 2002-03 to 2004-05 Total loan repaid
2 Latent M. Tuberculosis: New Targets, Drug Delivery system, bio-enhancers and therapeutics Lupin Ltd., Pune 1448.450 2001-02 to 2009-10 Being paid in time
3 Nano-material catalysts and associated process technology for alkylation/ acylation/nitration of well identified industrial chemicals, pre-reforming of hydro-carbons and sulphur removal (<50 ppm) from petroleum fuels Sud-Chemie India Ltd., New Delhi 95.000 2002-03 to 2003-04 Total loan repaid
4 Versatile, portable PC based software for bioinformatics; and Development of Linux cluster version of Bio-suite Tata Consultancy Sercices, Hyderabad 780.000 2001-02 to 2003-04 Total loan repaid
Tata Consultancy Services, Hyderabad 174.000 2004-05 Being paid in time
Jalaja Technology, Bangalore 24.000 2001-02 to 2003-04 Defaulter
Frontier Information Technologies Ltd., Secunderabad 40.000 2001-02 to 2003-04 Defaulter
5 Development of an oral herbal formulation for treatment of psoriasis Lupin Ltd., Pune 1644.580 2002-03 to 2009-10 Being paid in time
6 Development of novel biotech therapeutic molecule –Lysostaphin Bharat Biotech International Limited, Hyderabad 713.991 2002-03 to 2013-14 Being paid in time
7 Microbiological conversion of Erythromycin to Clarithromycin and other novel biologically active molecules Alembic Ltd., Vadodara 28.500 2002-03 to 2003-04 Total Loan repaid
8 Novel molecular diagnostics for eye diseases and low vision enhancement devices Lensel Optics Pvt. Ltd., Pune 14.750 2003-04 to 2004-05 Being paid in time
Xcyton Diagnostics Limited, Bangalore 69.560 2005-06 Being paid in time
9 Value added polymeric materials from renewable resources: Lactic acid and lactic acid based polymers Godavari Sugar Mills, Mumbai 485.000 2006-07 to 2008-09 Defaulter
10 Recombinant approach to produce a-linolenic acid and docosahexanoic acid (DHA) in sunflower and yeast Avesthgen Pvt. Ltd., Bangalore 303.500 2003-04 to 2006-07 Defaulter
11 A cost effective Simple Office Computing (Sofcomp) platform to replace PC Encore Software Ltd., Bangalore 320.000 2003-04 to 2004-05 Defaulter
12 A PC based high-end 3D visualization platform for computational biology – ‘Darshee’ Strand Life Sciences Pvt. Ltd., Bangalore 186.400 2003-04 to 2004-05 Total loan repaid
13 Improved Genome Annotation Through a Combination of Machine Learning and Experimental Methods: Plasmodium falciparum As a Case Study Tata Consultancy Services, Hyderabad 291.000 2004-05 to 2007-08 Being paid in time
14 Development of Novel Fungicides Rallis Research Centre, Bangalore 188.290 2004-05 to 2006-07 Being paid in time
15 Novel Expression System Biocon, Bangalore 33.125 2004-05 to 2008-09 Being paid in time
Shantha Biotechics, Hyderabad 56.070 2004-05 to 2008-09 Being paid in time
16 Development of Globally competitive ‘Triple-Play’ Broadband Technology Divinet, Pune 938.750 2004-05 to 2006-07 Defaulter
17 Market seeding of SofComp and Mobilis to develop wide-ranging applications as well as increase awareness Encore Software Ltd., Bangalore 537.000 2005-06 to 2006-07 Defaulter
18 Development of an integrated micro PCR system with In-situ Identification bigtech Pvt. Ltd., Bangalore 925.100 2005-06 to 2011-12 Being paid with time delay
19 Development of high throughput marker assisted selection systems for improvement of drought tolerance and fibre quality related traits in Cotton JK Agri-Genetics Ltd., Hyderabad 736.790 2006-07 to 2010-11 Being paid in time
20 Novel method for development of B-type Natriuretic peptide (BNP) for diagnosis and treatment of congestive heart failure Virchow Biotech Pvt. Ltd., Hyderabad 414.700 2006-07 to 2008-09 Being paid in time
21 Development of Next Generation Plasma Display Technology a 50” High Definition (HD) TV Prototype Samtel Color Ltd., Ghaziabad 2063.000 2006-07 to 2009-10 Defaulter
22 Development of sensor networks chipset based on ultra-wide band technology Virtual wire tech, New Delhi 422.000 2006-07 to 2009-10 Defaulter
23 Design and development of cushion bonded/rigid bonded organic, cerametallic cookie & single/fuel sintered buttons (copper/Iron based), ceramic cookes and annular ring slutch discs and matching cover assemblies Clutch Auto Ltd., Faridabad 1493.350 2007-08 to 2010-11 Defaulter
24 Intellegent Viedo Surveillance System Mind Tree Ltd., Bangalore 458.090 2008-09 to 2010-11 Being paid in time
25 Novel therapy for management of sepsis Cadila Pharma Ltd., Ahmedabad 1954.580 2007-08 to 2016-17 Repayment not due
26 Development of DNA Macro-Chips for simultaneous detection of pathogens causing acute encephalitic syndrome (AES) Septicaemia and antibiotic resistance Xcyton Diagnostics Limited, Bangalore 506.398 2007-08 to 2012-13 Some payments received but now defaulter.
27 Development of Characterization of an indigenous vaccine for Johne''s disease Biovet, Bangalore 429.010 2008-09 to 2014-15 Repayment of first instalment awaited
28 Evaluation of RNAi-based constructs for conferring resistance on trasgenic rice against the blast fungus Magnaporthe grisea Metahelix Life Sciences Ltd., Bangalore 83.270 2008-09 to 2010-11 Being paid in time
29 Development of caerulomycins as novel immunosuppressive agents to prevent organ rejection after transplantation and to address various autoimmune and allergic disorders EnEm Nostrum Remedies Pvt. Ltd., Mumbai 800.000 2009-10 to 2014-15 First installment paid, second awaited.
30 Novel DPP IV Inhibitors for the treatment of Diabetes Cadila Pharma Ltd., Ahmedabad 769.500 2009-10 to 2013-14 Being paid in time
31 Development and production of a therapeutic monoclonal antibody against eNAMPT, a novel inflammatory target Gennova Biopharmaceuticals Ltd., Pune 1841.400 2010-11 to 2015-16 Repayment not due
32 Design, Development and demonstration of high performance parabolic trough based 300 kW Solar Thermal Power Plant Milaman Thin Film Systems Pvt. Ltd., Pune 1103.250 2010-11 to 2015-16 Repayment not due
33 Development and commercialistion of “Vennfer” – unique H.264 high definition software based multiparty, multipoint video conferencing solution on multipoint network transmission protocol Intellisys Technologies & Reseach Ltd., Kolkata 296.000 2010-11 to 2013-14 First installment paid, second awaited.
34 Develoment and commercialisation of NXR-4D: A lithium-Ion battery powered 4-door next generation electirc car (4-seater capacity) Mahindera Reva Electric Vehicles Pvt. Ltd., Bangaluru 1586.410 2011-12 to 2015-16 Being paid in time
35 Deisgn and fabrication of All-fibre supercontinuum light source with application demonstration to detect fake pills Vinvish Technologies Pvt. Ltd., Thiruvanathpuram 225.250 2011-12 to 2013-14 Being paid in time
36 Development and commercilazation of B41Soleckshaw Lite - An innovative electrical Green transport platform Kinetic Engg. Ltd., Pune 1317.170 2012-13 to 2014-15 Being paid in time
37 Sustomized adapatation of nonClonable ID technology to establish authenticity of medical products Bilcare Ltd., Pune 893.460 2011-12 to 2013-14 Loan payments in sub-instalments but with penal interest on delayed payments.
38 Development of a diagnostic system for afforable, point of need testing to manage HIV and TB ReaMetrix India Pvt. Ltd., Bangaluru 830.680 2011-12 to 2013-14 Being paid in time
39 System based computational model of skin (SoCoMOS) Persistent Sys. Ltd., Pune 298.290 2011-12 to 2015-16 Ongoing Repayment not due
40 Development of integrated technological solutions for security and operations based on UV sensor technologies Aron Universal Ltd., Bengaluru 142.15 2013-14 to 2015-16 Onging Repayment not due
41 Design and development of photonic crystal cladded and double called Er and Er/Yb fibers, and application demonstration of high-power optical amplifer Vinvish Technologies Ltd., Thiruvananthapuram 104.000 2014-15 to 2016-17 Ongoing Repayment not due

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