• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , Sept. 22

THE Planning Commission has constituted a committee on technological innovation and venture capital to suggest, among other things, the policy changes for encouraging the flow of venture capital into start-ups and new ventures.

The committee is to be chaired by noted economist and former Finance Secretary, Dr Nitin Desai.

Other members of the committee are Mr Nandan Nilekani, Mr Rajiv Lall, Prof N.L. Sarda, and Mr Saurabh Srivastava.

Mr Shravan Nigam, Advisor, Planning Commission, will be the Member-Secretary of the committee.

The terms of reference for the committee include examination of the innovation and technological dynamism in both the modern and traditional sectors and the relationship between research, entrepreneurship, and financial markets.

The committee, which has been mandated to submit its report by December 31, has been set up at a time when venture capital has not taken off in a big way in the country and there has been a felt need to review the existing policy framework in this area.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Wet weather in Goa, Konkan to continue

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line