BioVaram, Telangana govt join hands to set up CoE in Life Sciences
Hyderabad (PTI): Hyderabad-based biotechnology company BioVaram on Tuesday signed an MoU with the Telangana government to establish a CoE in Life Sciences, focusing on tissue engineering, regenerative medicine, and cell and gene therapy.
The Memorandum of Understanding was signed during the ongoing Telangana Rising Global Summit, held on December 8 and 9, the company said in a statement.
Under the agreement, the state government will provide land within Bharat Future City, a proposed development on the outskirts of Hyderabad.
The government is also expected to offer funding assistance for building and operationalising the facility, the release added.
BioVaram has committed to investing Rs 250 crore to build a fully integrated innovation ecosystem dedicated to high-risk, high-impact translational research.
The proposed Centre of Excellence is expected to feature world-class infrastructure supporting AI-integrated development in key areas, including tissue engineering, advanced biomaterials, regenerative medicine, cell and gene therapy (CGT), AI-driven bioanalytics, and predictive platforms.
"India has to lead the world in innovation, and Telangana has to lead India. The BioVaram Centre for Excellence stands as a testament to what visionary collaboration between government, industry, and science can achieve," said K I Varaprasad Reddy, Founder of Shantha Biotechnics and Chairman & Mentor of BioVaram.
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Karnataka govt tables Rs 14,767 cr supplementary estimates in assembly
Bengaluru (PTI): The Karnataka government on Monday tabled the supplementary estimates in the assembly, totalling Rs 14,767 crore of additional expenditure for the current fiscal.
Tabled by Revenue Minister Krishna Byre Gowda on behalf of Chief Minister Siddaramaiah, supplementary estimates are additional expenditures incurred by the government over and above the budget provisions.
In the fiscal ending March, additional expenditures include Rs 147 crore on the Sadhana Samavesha to mark two years of the Congress government and Rs 223 crore for railway barricading to prevent human-elephant conflict.
As per the supplementary estimates, the government spent Rs 1.25 crore to purchase a Volvo XC90 for former Prime Minister H D Deve Gowda.
It also includes -- Rs 1,025 crore to clear various irrigation works bills, Rs 15 crore for helicopter and air travels by Governor, CM, ministers and other VIPs, Rs 110 crore towards scholarship and tuition fee reimbursement for minority students, Rs 15 crore for development of various temples, maths and trusts.
The government also spent Rs 1.4 crore to print a book comprising 'selected' speeches of Governor Thaawarchand Gehlot, Rs 50 lakh to clear pending electricity and water bills of ministers' residences, Rs 10 crore towards rehabilitation of families affected by landslides at Meppadi in Wayanad, Kerala.
Rs 5 crore each for Brahmin Development Board and Arya-Vysya Development Corporation, Rs 60 lakh to Supreme Court senior advocate Kapil Sibal for two appearances representing the government, Rs 5.13 crore towards bills from the Belagavi winter session of the legislature, Rs 5.5 crore towards pending bills from the 2019 and 2021 Assembly bypolls and the upcoming Davangere South and Bagalkot bypolls, are among the expenditures incurred.
