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BioNest-Punjab University gets Rs 6-lakh CSR fund

Tribune News Service Chandigarh, March 30 The BioNest-PU, one of the North India’s leading bio-incubator housed at PU, Chandigarh, has received the CSR fund of Rs 6 lakh from Techinvention Lifecare Pvt Ltd, a Mumbai-based private biotechnology firm, for research...
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Tribune News Service

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Chandigarh, March 30

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The BioNest-PU, one of the North India’s leading bio-incubator housed at PU, Chandigarh, has received the CSR fund of Rs 6 lakh from Techinvention Lifecare Pvt Ltd, a Mumbai-based private biotechnology firm, for research and development related to the SARS-CoV2 or the novel Covid, said Rohit Sharma, project leader, BioNEST-PU.

He said such industry-partnerships and collaborations were helping in order to utilise the bio-incubator as a place for dedicated research to satisfy needs of the hour and provide services in national interest.

At this point of time, undertaking R&D of products for the diagnosis and prophylaxis of the novel Covid was the moral responsibility of the entire life-science sector, said Sharma.

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In order to support the efforts of the Government of India, the Ministry of Corporate Affairs clarified that the support provided by corporates for projects and initiatives related to Covid-19 would be covered under Corporate Social Responsibility (CSR) as per Section 135 of the Company Act, 2013.

2 former PU VCs donate to PM relief fund

Chandigarh: Former Vice-Chancellors of Panjab University (PU) Prof KN Pathak and Prof MM Puri have approached the university authorities to make a contribution of Rs 5,000 each.

PU Registrar Prof Karamjeet Singh said the money donated to the varsity would be added to the donations made by PU’s academic and non-academic fraternity for the PM relief fund.

On Saturday, the UGC Chairperson had issued a letter to the VCs of all Indian universities and higher educational institutes, urging them to donate their one month salary to the PM’s relief fund of Covid-19. Subsequently, on Sunday, PU Syndicate members stepped forward to donate a minimum of Rs 5,000 to the relief fund and also requested the varsity Registrar to issue a circular, appealing to all employees to donate for the cause.

PU volunteers for testing of samples

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