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National Research Development CorporationNational Research Development Corporation[An Enterprise of DSIR, Ministry of Science and Technology, Govt. of India]

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National Research Development Corporation[An Enterprise of Department of Scientifi c and Industrial Research, Ministry of Science & Technology, Govt. of India]20-22, Zamroodpur Community CentreKailash Colony Extension, New Delhi-110 048Tel : 91-11-29240401-08 (8 lines)Fax : 91-11-29240409, 91-11-29240410 E-mail : [email protected] : www.nrdcindia.com

th ANNUAL REPORT2 0 1 1 − 1 2

funs'kd e.My 2Board of Directors

funs'kdksa dh fjiksVZ 3Directors' Report

ys[kk 33Accounts

foÙkh; fooj.k 38Financial Statements

ys[kk ijh{kdksa dh fjiksVZ 67Auditors' Report

fu;a=d o egkys[kk ijh{kdksa dh fVIi.kh 71Comments of CAG

58oha okÆ"kd fjiksVZ

58th Annual Report NRDC2

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Chairman & Managing DirectorMs. Vandana Srivastava(w.e.f. 16th June 2011 to 15 December 2011)Somenath Ghosh*

DirectorsRanbir Chander SobtiSom MittalDeepanwita Chattopadhyay

Auditors

APRA & AssociatesChartered AccountantsDelhi -110 035

BankersState Bank of Hyderabad, New Delhi-110 048Indian Bank, New Delhi-110 048

Registered Office'Anusandhan Vikas'20-22, Zamroodpur Community CentreKailash Colony ExtensionNew Delhi-110 048

Regional Office107 Shiva Krupa8th Main, 19th CrossMaleswaramBengaluru-560 055

*(Suspended w.e.f. 13th January 2011)

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funs'kdksa dh fjiksVZ Directors’ Report

The Directors of your Corporation are presentingthe 58th Annual Report on the working of the Corporationfor the financial year ended 31st March, 2012, togetherwith the Audited Statement of Accounts for the yearand the Auditor’s Report thereon.

PERFORMANCE HIGHLIGHTS

Your Directors report that the Corporation continuedto face leadership crisis and hardship during 2011-12also, as a result could not maintain all round progress inits activities. The Corporation had to adopt enhancementof gratuity as per the Gratuity Act of the Government ofIndia, which lead to financial obligation that resulted indecrease in profitability and financial loss to theCompany. The dedicated, hard and sincere work of theemployees of the Corporation could not fetch enoughrevenue earnings to overcome the financial obligation.The results are given below:

` in lakhs

2011-12 2010-11Gross Income 1073.32 959.46Premia 98.25 119.62Royalty 468.53 662.95Surplus Before Tax – (84.54) – (158.23)

INCOME FROM LICENSING OFTECHNOLOGIES

The licensing of technologies is a significant sourceof income in the ever-growing and competitive marketfor technology and innovation, which essentially involvesconstant interactions and nurturing of sustainedrelationships with multiple stakeholders. In line with itsVision and Mission, your Corporation played a leadingrole by bringing together several of these stakeholdersand generated business through licensing of technology.The quantitative results are as follows:

Lumpsum Premia and Royalty

Your Corporation’s consolidated lumpsum premiaincome from licensing of indigenous technologies is` 98.25 lakhs as compared to 119.62 lakhs in the previousyear. The income from royalty during the year is 468.53lakhs as compared to ` 662.95 lakhs in the previous year.

WORKING RESULTS

The Gross Income of the Corporation from allsources, including premia and royalties, excluding Grants-in-Aid, was ` 1073.32 lakhs as compared to ` 959.46lakhs in the previous year.

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PROCESSES ASSIGNED AND LICENCEAGREEMENTS CONCLUDED

The Corporation continued to lay emphasis onbroadening and strengthening the technology resourcebase by nurturing long-term relationships with R&Dinstitutions as well as universities, technical organizations,industries and also individual inventors. This endeavouris reflected in the Corporation signing Memorandums ofUnderstanding/Agreements with several neworganizations for assignment of technologies developedby them. These organizations are indicated below :

� Bidhan Chandra Krishi Vishwavidyalaya, MohanNagar, W.B.

� Andhra University, Visakhapatnam, A.P.

� University of Delhi, Delhi

� Anna University, Chennai, T.N.

� Amity University, NOIDA, U.P.

During the year, 32 new processes were assignedto the Corporation as compared to 49 no. of process inthe previous year. Some of the commercially importantprocesses assigned to the Corporation from variousresearch institutes, universities were:

Indian Council of Medical Research, New Delhi

� Real time PCR for dengue

Govind Ballabh Pant University of Agriculture &Technology, Pantnagar

� A deep soil volume loosener-cum-fertilizer applicator

Indira Gandhi Krishi Vishwa Vidyalaya, Raipur

� Anaemia detection kit

All India Institute of Medical Sciences, New Delhi

� Development of oligonucleotides for detection ofXDR-TB

National Dairy Research Institute, Karnal

� A new colour based method for detection ofdetergents in milk

Indian Institute of Horticulture Research,Bengaluru� A process for preparation of formulation for the

management of borers (Healer & Sealer)

� Ready to serve beverages of amla, banana, grape,mango passion fruit, etc.

� Osmotic dehydration of amla, mango, papaya, etc.


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The Corporation managed to sign 33 licenceagreements during the year compared to 40 no. of licenceagreements signed in the previous year. Some of themajor technologies licensed by the Corporation in thefinancial year were :Indian Institute of Horticulture Research,Bengaluru

� A process for preparation of crop specific foliarmicronutrient formulation for banana

� A process for preparation of arka vegetable foliarspray formulation

� A process for preparation of formulation for themanagement of borers (Healer & Sealer)

Vector Control Research Centre, Pudducherry

� Bio-pesticide based on bacillus thurigiensisbiolarvicide

Neyveli Lignite Corporation Limited, Neyveli

� Manufacture of potassium humate from lignite

Central Potato Research Institute, Shimla

� Bio-fertilizer-cum-biofungicide/biobactericidecomposition B

5

Central Sericultural Research and TrainingInstitute, Mysore

� Azotobacter biofertiliser for mulberry


� Subsoiler cum differential rate fertilizer applicator

Indian Agriculture Research Institute, New Delhi

� Neem based pesticide formulation

Defence Materials and Stores Research andDevelopment Establishment, Kanpur

� Glycol based anti-freeze coolant

Indian Veterinary Research Institute, Izatnagar

� Goat pox vaccine technology

Central Council for Research in AyurvedicSciences, New Delhi

� Ayush-64


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Defence Research & Development Establishment,Gwalior

� Test kit for microbiological quality of drinkingwater

Central Mechanical Engineering ResearchInstitute, Durgapur

� Soleckshaw

In the coming years, the Corporation expectssubstantial royalty from these processes. YourCorporation strives to keep its competitive advantageby enhancing its repository of new processes andtechnologies that are available to it for transfer and takingnew initiatives to further its objectives in the future.

A complete list of new processes assigned to theCorporation during the year is given in Annexure-1A,while the details of the new licence agreements signedduring 2011-12 are given in Annexure-1B.

ROYALTY AGREEMENTS SIGNED BY THECORPORATION FOR TECHNOLOGYPROMOTION AND DEVELOPMENTPROJECTS SUPPORTED BY DSIR

DSIR has been extending financial support underits “Technology Development and DemonstrationProgramme” (TDDP), a part of “Technology PromotionDevelopment Utilization Programme” Scheme involvingresearch laboratories/institutes, industries and consultants.The Corporation has been entrusted with the pivotal roleto play, such as, to identify and manage IntellectualProperty Rights, such as Patents, Designs, Copy Rights,etc., to be generated out of these projects and to extendhelp in IPR search; to licence the developed technologiesto the 3rd parties including the developing agencies; andto take all actions for collection of royalties includinglegal actions, if any, required for recovery of outstandingdues. During the year 28 such agreements were signed.Some of the major TDDP agreements were signedduring the year :

� M/s. Tata Motors Limited, Mumbai for developmentof fuel cell bus

� M/s. Ogene System (I) Pvt. Ltd., Hyderabad fordevelopment of non-infringing process for API’s inpilot scale


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iqjLdkj lekjksg ds i’pkr~ fnukad 23 vkSj 24 ekpZ 2012dks xksjsxkao iwoZ] eqEcbZ esa ^fyosjsftax bUosa’kal ,aM buksos’kalQkWj ,Ugsaflax çksMfDVfoVh* fo"k; ij Ms<+ fnolh; lEesyuvk;ksftr gqvkA bl lekjksg ds ifj.kkeLo:i m|fe;ksa]vuqla/kkudrkZvksa] oSKkfudksa] rduhdhfonksa] m|ksxifr;ksa] uhfrfuekZrkvksa] fuos’kdrkZvksa vkfn ds lkFk vkil esa ckrphr djusdk volj feyk vkSj laidZ LFkkfir djus esa cgqr enn feyhAbl lEesyu dk mn~?kkVu ekuuh; D;wusFk O;ktse eSjhtsu]mi ea=h m|ksx ,oe~ O;kikj] m|ksx ea=ky;] ekstsfEcdx.kjkT; us fd;k vkSj blesa cM+h la[;k esa uokpkjdksa] oSKkfudksa]Nk=ksa] vuqlaèkkudrkZvksa] vkS|ksfxd dkfeZdksa vkSj m|fe;ksa usHkkx fy;kA

bl volj ij Jh D;wusFk }kjk vkfo"dkjdksa@uokpkjdksadks ,u vkj Mh lh ljkguh; iqjLdkj ¼2010½ çnku fd, x,A

� M/s. PTC Industries Ltd., Lucknow for developmentand commercialization of rapidcast technology formanufacture of stainless steel castings of weight5000 kg single piece

� M/s. Tejas Networks Limited, Bengaluru fordevelopment of LTE Macro eNoteB base stations

INVENTION PROMOTION PROGRAMMEPrize Award for Meritorious Inventions

Innovation is the engine for national and globalgrowth, employment, competitiveness and sharing ofopportunities. The emerging frontier technologies aredriving globalization, increasing competition andcompelling organizations to incorporate and adopt newdevelopments into their manufacturing and servicesapplications. Recognizing the importance of innovation,the Corporation has been encouraging innovators/inventors to develop innovative technologies andemphasizing the need to enhance productivity throughinnovations.

Since 2007, the Corporation has teamed up to createa unique annual event “Innovate India”. This event isorganized for the distribution of NRDC Prize Awardsfor Meritorious Inventions followed by a conference withrelevant themes decided upon time to time. TheCorporation organized this year event “Innovate India2012” at Mumbai in association with Engineering ExportPromotion Council of India (EEPC), (a premier TradePromotion Body of India, setup and sponsored byMinistry of Commerce, Government of India).

The Award Ceremony was followed by a one andhalf day Conference on “Leveraging Inventions andInnovations for Enhancing Productivity” at Conventionand Exhibition Centre, Goregaon East, Mumbai on 23rd& 24th March, 2012. The event provided a strongplatform for interaction and development of linkagesamongst entrepreneurs, research scientists andtechnologists, industrialists, policy makers, investors, etc.It was inaugurated by His Excellency KeunethViagem Marizane, Dy. Minister of Industry & Trade,Ministry of Industry, Republic of Mozambique andattended by a large number of young innovators,scientists, students, researchers, industrial personneland entrepreneurs.

On this occasion he presented the NRDCMeritorious Invention Awards (2010) to the inventors/


o"kZ 2010 ds fy, fo'o ckSf)d laink laxBu ¼okbiks½ Lo.kZind Hkh çnku fd;k x;kA o"kZ 2010 ds fy, çkIr dqy 143vkosnuksa esa ls 8 vkfo"dkjksa ds fy, 28 vkfo"dkjdksa dks dqy` 22 yk[k çnku fd, x,A

iqjLdkj fotsrkvksa us lEesyu ds mn~?kkVu l= esa viusiqjL—r vkfo"dkjksa ij çLrqfr nhA ckn ds l=ksa esa fuEufyf[krfo"k;ksa ij çLrqfr nh xbZ% mRiknu c<k+us ds fy, vkb ihlacaèkh uokpkj] uokpkjh çkS|ksfxfd;ks a ds ekè;e lslkekftd&vkÆFkd ifjorZu] ckSf)d laink vkSj uokpkjçcaèku@lekjksg ds nkSjku uohu çkS|ksfxfd;ksa dh çn’kZuh HkhyxkbZ xbZA

ckSf)d laink ijke'khZ lsok,a rFkk Áca/ku

fHké&fHké vuqla/kku laLFkkuksa] fo’ofo|ky;ksa] Lora=vkfo"dkjdksa] fuxe] vuqla/kku ,oa fodkl laLFkkvksa vkfn esauohu ckSf)d laink ¼vkb ih½ ds fodkl esa of) ds dkj.kvuqla/kku laxBuksa vkSj fo’ofo|ky;ksa ds chp vkb ih dkifjj{k.k vkSj mudk çca/ku cgqr egRoiw.kZ gks x;k gS- ckSf)dlaink vf/kdkjksa ds egRo dks le>rs gq, dkjiksjs’ku usckSf)d laink ds ifjj{k.k gsrq o"kZ ds nkSjku vusd dk;ZØelQyrkiwoZd vk;ksftr fd, rFkk yksxksa esa tkxfr mRié dhAdkjiksjs’ku isVsaV lpZ lfgr vkb ih ds laj{k.k gsrq vkosnu ntZdjus ds fy, lHkh vko’;d leFkZu çnku djrh gSA

;gka ;g dguk Hkh mfpr gksxk fd vkt ds ;qx esa tgkacgqr ls fo’ofo|ky;@vuqla/kku laLFkku vius foHkkx esalftr çkS|ksfxfd;ksa ds varj.k ds fy, ç;kljr gSa oghadkjiksjs’ku çkS|ksfxdh lalk/kuksa dks çkIr djus gsrq bu laLFkkvksads lkFk fey dj bl çdkj dh laxksf"B;ksa@dk;Z’kkykvksa dkdk vk;kstu dj jgh gS ftlls Nk=ksa] m|ksxksa] vuqla/kku ,oafodkl laLFkkuksa rFkk m|fe;ksa dks ,d etcwr eap çkIr gksrkgS vkSj ckSf)d laink laj{k.k ds fofHké igyqvksa] blds çcaèkuvkSj çkS|ksfxfd;ksa ds varj.k ds çfr tkudkjh feyrh gS vkSjlkFk gh çkS|ksfxfd;ka çkIr djus esa Hkh lgk;rk feyrh gSAbl laca/k esa dkjiksjs’ku }kjk fd, tk jgs ç;klksa lsçkS|ksfxdh@vkfo"dkj dks cgr cukus esa Hkh lgk;rk feyrhgSA

vuqla/kkuksa ds okf.kfT;d vuqç;ksx rFkk muds çfr tkxfrQSykus esa rFkk mu vuqla/kku dk;ks± ds ifj.kkeksa dks çHkkodkjhrjhds ls m|ksxksa dks gLrkarfjr djus vkSj muls laidZ djO;kikfjd lQyrk çkIr djus esa dkjiksjs’ku dh cgqr egRoiw.kZ

innovators. He also presented World Intellectual PropertyOrganization (WIPO) Gold Medal for the year 2010. Atotal of ` 22 lakhs were given to twenty-eight inventorsfor eight inventions out of a total number of 143 applica-tions received by the Corporation for the year 2010.

Presentations on the awarded inventions by theawardees were made at the conference in the inauguralsession. In other sessions presentations were given on:IP Driven Innovations for Enhancing Productivity, Socio-economic Transformation through InnovativeTechnologies, Intellectual Property and InnovationManagement. Exhibition of innovative technologies wasalso made during the event.

Intellectual Property Consultancy andManagement

With increase in development of new IntellectualProperty (IP) at various research institutes, universities,private inventors, corporation, R&D houses, theprotection of IP and their management has become themost important activity amongst the researchorganizations and universities. The Corporationconsidering the importance of IPR, has been carryingout several programmes successfully over the years forIP protection, creating awareness and providing allnecessary support for filing application for protection ofIP including patent search.

It is important to mention that in the present daycontext knowledge based economy, when many of theuniversities/research institutes has been looking fortransfer of technologies generated in their department,the Corporation has to build a relation with theseinstitutions to tap these technology resources. TheCorporation has been conducting such Seminars/Workshops with the universities/research institutionswhich provides a forum for academies, industries, R&Dinstitutions, and entrepreneurs to create mass awarenesson various aspects of Intellectual Property (IP) protection,its management and transfer of technologies and helpsto network with universities/research institutions/academics institutions for assignment of technologies.The Corporation‘s endeavor in this matter helps inwidening its technology/invention.

The Corporation has been playing key role inspreading the awareness and commercial application ofresearch and effectively transferring the results of suchresearch work to industry and pursuing with them for


Hkwfedk jgh gSA dkjiksjs’ku ds ckSf)d laink ijke’khZ rFkkçca/ku vuqHkkx m|ksxksa] Nk=ksa vkSj vuqla/kku ,oa fodkllaLFkkvksa ls mudh vko’;drkvksa ds vuqlkj lwpuk,a çkIrdjrs jgrs gSa ifj.kkeLo:i os vkb ih laj{k.k vkSj çca/ku dsfy, vko’;d leFkZu vkSj lsok,a çnku djrs gSaA

bl vof/k ds nkSjku dkjiksjs’ku us ikap vkbihvkj ,VkWuhZQeks± dks lQyrkiwoZd viuh lwph esa 'kkfey fd;k gS ftudkdk;Z dkjiksjs’ku dh vksj ls vkb ih Qkby djuk vkSjvfHk;kstu djuk gSA blds fy, dkjiksjs’ku viuh isVsaV[kkst lqfo/kk ls laoÆ/kr jk"Vªh; vkSj fons'kh isVsaV laj{k.k;kstuk ds }kjk m|fe;ksa dks Lons’kh o fons’kh cktkj çkIrdjus gsrq foŸkh;] rduhdh vkSj dkuwuh lgk;rk çnku djrhgSA

çHkkx }kjk dh tkus okyh xfrfof/k;ka%

1- jk"Vªh; isVsaV laj{k.k ;kstuk %

¼d½ jk"Vªh; isVsaV laj{k.k ;kstuk % Lons’kh vkfo"dkjh xfrfofèk;ksadks çksRlkgu çnku djus ds fy, dkjiksjs’ku vuqla/kku,oe~ fodkl laxBuksa] f’k{kk laLFkkuksa] fo’ofo|ky;ksa]xSj&ljdkjh laxBuksa esa dk;Zjr rFkk Lora= vkfo"dkjdksadks Hkkjr esa vkfo"dkj isVsaV djus ds fy, dkjiksjs'ku dksisVsaV lkSais tkus ds ca/ku ds fcuk] foÙkh; rFkk rduhdhlgk;rk çnku djrh gSA orZeku foŸkh; o"kZ esa dkjiksjs’kuus Hkkjr esa isVsaV ntZ djus ds fy, 67 vkosndksa dksfoŸkh; lgk;rk çnku dhA

¼[k½ fons’kh isVsaV % ,u vkj Mh lh dh fons’kh isVsaV laj{k.k;kstuk ¼,Qihih,l½ ds vuqlkj okf.kfT;dj.k dh 'krkZsds vuqlkj vkfo"dkj dh {kerk ij fuHkZj djrs gq, fons’kesa isVsaV ntZ djus dh ykxr dk 50 çfr’kr va’k dkjiksjs’ku}kjk foŸkh;] rduhdh rFkk dkuwuh lgk;rk ds :i esaçnku fd;k tk,xkA

2- vkb ih vkj laxksf"B@dk;Z’kkyk@çf’k{k.k

foŸkh; o"kZ ds nkSjku dkjiksjs'ku us ^baVsysDpqvy çkWiVhZ,aM buksos’ku esustesaV bu ukWyst bjk* fo"k; ij 10laxksf"B;ksa@dk;Z’kkykvksa dk vk;kstu fd;kA dkjiksjs'ku dsvf/kdkfj;ksa us fHké&fHké laxksf"B;ksa@dk;Z’kkykvksa vkSjlEesyuksa esa vkbihvkj rd rduhdh uokpkjksa ds fofHkéfo"k;ksa ij 50 ls Hkh vf/kd O;k[;ku fn,A dkjiksjs’ku us,lksfl,fVM pSEclZ vkWQ dkWelZ ,aM baMLVªh ¼,lkspSe½] ubZfnYyh dks 11 väwcj] 2011 dks ^bEiSDV vkWQ baVsysDpqvyçkWiVhZ fjthe bu QkekZL;wfVdy lsDVj bu bafM;k iksLV&2005*fo"k; ij lEesyu ds vk;kstu ds fy, foŸkh; lgk;rk çnkudhA

achieving commercial success. The Intellectual PropertyConsultancy and Management Division of theCorporation acquiring the information on the needs ofindustries, academics and R&D institutes, has beenproviding necessary support and services for IPprotection and management.

During this period, Corporation has successfullyempanelled the five IPR Attorney Firms for prosecutingand filing of IP on behalf of the Corporation. For which,the Corporation has been guiding and assisting theentrepreneurs to secure Indian and foreign market byproviding financial, technical and legal assistance forpatenting through its National and Foreign PatentProtection Schemes which are augmented by patentsearch facility.

The activities carried out by the Division are:

1. Financial and Technical Assistance

(a) National Patent Protection Scheme: In order topromote indigenous inventive activity, the Corporationprovides financial and technical assistance to theinventors working in R&D organizations, academicinstitutions and universities, NGOs, self employedor individual for patenting of inventions in Indiawithout any obligation of assignment of the patentto the Corporation. During the current financial year,the Corporation has provided financial assistance to67 applicants for filing patents in India

(b) Foreign Patent: NRDC’s Foreign PatentProtection Scheme (FPPS) renders financial,technical and legal assistance by meeting 50 percent of the cost of foreign patenting dependingupon the strength of the invention, in terms ofcommercialization.

2. IPR Seminar/Workshop/Training

During the financial year Corporation has organized10 Seminars/Workshops in the title theme on “IntellectualProperty and Innovation Management in KnowledgeEra”. Officials of the Corporation have given more than50 lectures on different issues of IPR and technologicalinnovation in various seminars/workshops andconferences. The Corporation has also given thefinancial support to organize Conference on “Impactof Intellectual Property Regime in PharmaceuticalSector in India Post-2005” on 11th October 2011 to theAssociated Chambers of Commerce and Industry(ASSOCHAM), New Delhi.


vkbihvkj ij laxksf"B;ksa@dk;Z’kkyk@çf’k{k.k dk mís’;f’k{kk laLFkkuksa] m|ksxksa] vuqla/kku ,oa fodkl laLFkkuksa] ,e,l,eb m|fe;ksa vkfn dks ,d eap çnku djuk gS rkfd vkbihvkjds fofHké igyqvksa ij yksxksa ds chp tkxfr mRié gks ldsA

3- uohu ewY;kadu ds fy, isVsaV [kkst

dkjiksjs’ku isVsaV [kkst ds ek/;e ls isVsaV lwpuk vkSjblds foy{k.k ewY;kadu ls lacaf/kr lsok,a çnku djrh jgrhgS- orZeku foŸkh; o"kZ esa vc rd dkjiksjs’ku us fdlh vkfo"dkjds foy{k.k ewY;kadu ds fy, 47 isVsaV [kkst dh gSaA

ckSf)d laink ljyhdj.k dsUæ ¼vkb ih ,Q lh½

,u vkj Mh lh rFkk lw{e] y?kq o e/;e m|e ea=ky; dslg;ksx ls ,u vkj Mh lh ds {ks=h; dk;kZy;] csaxyq# esackSf)d laink ljyhdj.k dsUnz dh LFkkiuk ds fy, fnlEcj2010 esa ` 100 yk[k dk dqy ctV vuqeksfnr fd;k x;k¼,e,l,eb % ,uvkjMhlh 65%35½A

vkb ih ,Q lh ifj;kstuk ij ,d lapkyu lfefr dkxBu fd;k x;kA fnukad 3 Qjojh 2012 dks ,u vkj Mh lh{ks=h; dk;kZy;] csaxyq# esa bldh cSBd laié gqbZ ftlesa ,u vkjMh lh rFkk lw{e] y?kq o e/;e m|e ea=ky; ifj;kstuk vkbih ,Q lh ij dh tkus okyh dk;Zokgh ij fopkj foe’kZ gqvkA

vkb ih ,Q lh dks rqjar pkyw djus gsrq ifj;kstuk dsfy, oLrqvksa dh [kjhnkjh vkjaHk dj nh xbZ gS- ,d ySiVkWi]nks MsLdVkWi ,d LdSuj] ,d ystj fçaVj rFkk osc ij vk/kkfjrisVsaV fo'ys"k.k lkW¶Vos;j dh [kjhn dj yh xbZ gS ftl ij` 5 yk[k dh ykxr vkbZ gS- ckfd miLdj] lkW¶Vos;j]QuhZpj vkhj fQDLpj rFkk vU; lkeku vkxkeh foŸkh; o"kZ esa[kjhn fy, tk,axsA dsUæ us dk;Z djuk vkjaHk dj fn;k x;k gSvkSj vkSipkfjd mn~?kkVu djus dh Hkh ;kstuk cukbZ tk jgh gSA

vkbih,Qlh ifj;kstuk dks ykxw djus gsrq dk;Z ;kstukcuk yh xbZ gS vkSj rn~Ukqlkj dk;Z fd;k tk jgk gS-

Ádk'kudkjiksjs'ku us fganh ekfld foKku if=dk ^^vkfo"dkj**

dk çdk'ku tkjh j[kk gSA çdk'ku dk mís'; fo|kfFkZ;ksa] ;qokoSKkfudksa] rFkk mHkjrs m|fe;ksa vkfn ds e/; vkfo"dkj'khyrk]uokpkfjrk rFkk m|ferk dh Hkkouk dk fodkl djuk rFkkyksxksa ds e/; foKku vkSj çkS|ksfxdh ds fo"k;ksa ij lwpuk dkçlkj dj oSKkfud tkx:drk mRié djuk gSA ukfHkdh;fj,DVj rFkk fofdj.k] vkdk’k&VscysV dEI;wVj] gfjr jlk;u]Hkkjrh; oSKkfudksa dh [kkst&fitu thukse vkfn ij çdkf'krfo'ks"kkadksa dh dkQh ljkguk dh xbZA

The objective of organizing seminar/workshop/training on IPR is to provide a forum for academies,industries, R&D institutions, MSME entrepreneurs,others stakeholders to create mass awareness on variousaspects of IPR.

3. Patent Search for novelty assessment

The Corporation has been providing service in patentinformation and its novelty assessment through patentsearch and for the current financial year till date,Corporation has conducted 47 patent searches for thenovelty assessment of any invention.

Intellectual Property Facilitation Centre (IPFC)

NRDC & MoMSME jointly sponsoredIntellectual Property Facilitation Centre (IPFC) atNRDC Regional Office, Bengaluru was approved inDecember 2010 with a total budget of ` 100 lakhs(MSME : NRDC 65:35).

A Steering Committee for IPFC Project was formedwhich met on February 3, 2012 at NRDC RegionalOffice, Bengaluru and discussed the future course ofaction to be taken in the NRDC-MoMSME IPFCproject.

The procurement of items for the project wasinitiated. One laptop, two desktops, one scanner, onelaser printer and a web-based patent analysis softwarewere procured with a budget of ` 5 lakhs to start theIPFC immediately. The remaining equipment, software,furniture & fixtures, interiors, etc will be taken up in thecoming financial year. The centre has started functioningand formal inauguration is being planned.

The plan of action for the implementation of the IPFCproject has been chalked out and is being put in to action.

Publications

The Corporation continued to publish its Hindimonthly science magazine “Awishkar”. The publicationis aimed at fostering the spirit of inventiveness,innovativeness and entrepreneurship amongst thestudents, scientists, budding entrepreneurs etc. andcreating scientific awareness in the masses bydisseminating information on S&T topics. Some of theimportant topics covered are nuclear reactor andradiation, Aakash–Tablet computer, Green Chemistry,Pigeon Genome–discovered by Indian Scientists.


Á©|®fxdh Á®Rlkgu dk;ZØe

xzkeh.k o ?kjsyw Á©|®fxdh d® Á®Rlkgu

dkjiksjs’ku fodkldkjh ,tsafl;ksa tSls xSj&ljdkjh laxBuksa]f’k{kk laLFkkuksa vkfn ds lkFk laidZ LFkkfir djrh gS rFkkxzkeh.k vkSj fiNMs {k+s=ksa esa çkS|ksfxdh laca/kh ifj;kstukvksa dksxzg.k djus ds muds ç;klksa dks leFkZu Hkh çnku djrh gS] rkfdLFkkuh; yksxksa vkSj lalk/kuksa dk Js"Bre mi;ksx fd;k tk ldsvkSj jkstxkj iSnk djus okyh xfrfof/k;ksa dks c<+kok fey ldsA

o"kZ 2011&12 ds nkSjku dkjiksjs’ku us {kerk c<k+us okysdk;Zdykiksa dks leFkZu çnku fd;k x;k %

(i) fr:ifr] ¼vka/kz çns’k½ esa xzke fodkl laxBu )kjkjkW;ylhek {ks= esa vtksyk tSo&[kk| inkFkks± vkSj ?kjsywvif’k"V inkFkks± ls ck;ksxSl mRié djus ds fy, çn’kZuvkSj çf’k{k.k gsrq uohu tSo xSl bdkbZ dh LFkkiuk

(ii) vk/kkj] dkuiqj esa efgykvksa ds dkS’ky esa of) djus dsmís’; ls peMs+ ds dkj[kkuksa ls nwf"kr ty okys {ks=ksa lsØkse-VI dks gVkus ds fy, ty mipkjh fdV rS;kj djuso mudh vk; esa of) djus ds fy,

(iii) efgyk f’k{kk fodkl vkSj lekt lsok U;kl ¼MCY;w b Mh,l ,l Vh½] ratkoj ¼rfeyukMq½ vkSj ekBh QkmaMs'kufM.Mhxqy ¼rfeyukMq½ buoVZjksa ds vfHkdYi vkSj lap;dk;Z ij efgyk dkS’ky mé;u dk;ZØe gsrq

(iv) VsDukWykWth bUQkjesfVDl fMtkbu ,aMsoj ¼VhvkbMhb½]csaxyq# dks b±V rS;kj djus esa ewY;o/kZu gsrq uokpkjhvYi dher dh b±V HkÍh ds ç;ksx vkSj fuekZ.k ds ek/;els efgykvksa ds dkS’ky mé;u ds fy,

(v) ihiYl bafLV~V;wV QkWj fMosyies aV ,.M Vª sfuax¼ihvkbMhVh½] ubZ fnYyh dks ijaijkxr VsjkdksVk ijLFkkuh; dkjhxjksa ds fy, nsox<]+ >kj[kaM esa dk;Z’kkyko çf’k{k.k dk;ZØe ds vk;kstu gsrqA

Án'kZuh v©j Ápkj

Á©|®fxdh vaRkj.k esa dkji®js’ku dh “wfedk ds ÁfRky®x®a esa Tkkx:dRkk mRiUu djus o bldk Álkj djus dsfy, Án’kZfu;®a] laxksf"B;ksa] dk;Z'kkykvksa] m|e’khyRkk fodkldk;ZØe®a vkfn esa “kx ysuk vR;aRk egRoiiw.kZ gSA blhckRk d® /;ku esa j[kR® gq, dkji®js’ku us fof“Uu ,T®afl;®a}kjk “kjRk esa vk;®fTkRk dqy 28 Án’kZfu;®a] lax®f"B;ksa v©jlEesyu®a vkfn esa Hkkx fy;k vuqyXud&Illlll esa bldkfooj.k fn;k x;k gSA

TECHNOLOGY PROMOTION PROGRAMME

Promotion of Rural and Household Technology

The Corporation is networking with developmentalagencies viz; NGOs, Academia etc. and supporting theirendeavour in taking up technology based projects in ruraland backward areas, so that, local manpower andresources can be optimally utilized and employmentgenerating activities may get a boost.

The Corporation during 2011-12 provided support tothe capacity building activities of :

(i) Rural Development Organization (RDO), Tirupathiin promoting Azolla Pinnata feedstock for efficientand cost effective bio-gas production in Tirupathiarea

(ii) Adhar, Kanpur for upgrading the skills of womenSHGs for fabrication of water remediation kit forremoval of chrome-VI from drinking water andenhancing their income in Kanpur

(iii) Women Education Development Social ServiceTrust (WEDSST), Tanjavur (Tamil Nadu) and MathiFoundation, Dindigul (Tamil Nadu) for women skillupgradation programme on design and assembly ofinverter

(iv) Technology Informatics Design Endeavour (TIDE),Bengaluru) for upgrading the skill of Women SHGsfor value addition in brick making by way ofconstruction and use of innovative low cost brickkiln (LCBK)

(v) People’s Institute for Development and Training(PIDT), New Delhi for conducting workshop cumTraining Programme on Traditional Terracotta inDeogarh, Jharkhand for local artisans.

Exhibitions and Publicity

Participation in exhibitions, seminars, workshops andentrepreneurship development programs are of vitalimportance for the creation of awareness about the roleof the Corporation in technology transfer andtechnologies available with the Corporation for transfer.With this objective in view, the Corporation participatedin 28 exhibitions, seminars and get-togethers in India andabroad organized by various agencies as given inAnnexure-1C.


çkS|ksfxdh o ifj;®Tkuk fu;kZRk

dkjiksjs’ku us çkS|ksfxdh] e’khu o midj.k fu;kZr vkSjfu;kZr ifj;kstukvksa ij dk;Z djus ds vius ç;klksa dks tkjhj[kk gSA dkjiksjs’ku us çkS|ksfxfd;ka vkSj lsok,a miyC/k djkusds fy, nks fu;kZr daifu;ksa eS- lsQVsd bafM;k çk- fy-] ubZfnYyh vkSj eS- ikELdh vksojlht VªsM fy-] ubZ fnYyh ds lkFklnHkkouk Kkiu ij gLrk{kj fd, gSa- ;s nksuksa daifu;ka lsusxy]?kkuk] dses:u] ekstkfEcd vkfn vÝhdh ns’kksa esa çkS|ksfxfd;kavkSj lsok,a miyC/k djkus ds fy, rhozrk ls dk;Z dj jghgSaA

?kkuk esa VekVj ds mRiknu ds fy, foŸkh; lgk;rk gsrqçk;ksfxd vuqla/kku ifj;kstuk ds fy, dkjiksjs’ku }kjk igys gh,d çLrko fons’k ea=ky; esa çLrqr fd;k tk pqdk FkkA dkjiksjs’kuus fons’k ea=ky; }kjk iwNs x, ç’uksa ij gky gh esa Li"Vhdj.kfn;k gS rFkk ekykoh esa çkS|ksfxdh bUD;wcs’ku dsUæ LFkkfir djusds fy, fons’k ea=ky; esa fufonk tek dh gSA blls iwoZ dkjiksjs’kuus blds fy, viuh :fp vfÒO;Dr dh FkhA

dkjiksjs’ku dks fu;kZr ls lacaf/kr dqN ifj;kstuk,a çkIrgksus dh vk’kk gS-

csfld bafTkfu;fjax fMTkkbu iSdsTk

fofHké vuqla/kku laLFkkuksa@fo’ofo|ky;ksa] ç;ksx’kkykvksavkfn }kjk fodflr ç;ksx’kkyk Lrj dh çfof/k;ksa ds fy,csfld bathfu;fjax fMtkbu iSdst ¼chbMhih½ egRoiw.kZewY;oèkZu gS- dkjiksjs’ku ckgjh ijke’kZnkrkvksa ds ek/;e ls Hkhcsfld bathfu;fjax fMtkbu iSdst rS;kj dj jgh gS rFkk o"kZds nkSjku nl çkS|ksfxfd;ksa dh igpku dh xbZ rFkk csfldbathfu;fjax fMtkbu iSdst ds fy, dk;Z vkns’k tkjh fd,x,A tks bl çdkj gSa %

1- xés ds jl dk ikmMj

2- ukfj;y rSy

3- lLrh ck;ks fMxzsMscy IykfLVd ds fy, —f"k miksRiknls i;kZoj.k lEer fjtksfc;k }kjk ikWyh gkbMªksDlhcwVkbjsV ¼ih,pch½ dk mRiknu

4- rjy tSo moZjd dk mRiknu

5- XokjikBk ls ,yksbu rS;kj djus dh ,d mér çfofèk

6- csflyl Fkqfjafta,fll okj btjkbysafll ij vkèkkfjrePNj ykjokuk’kh lw=.k

Technology and Project Export

The Corporation had been putting up efforts andendeavouring to export technologies and services, plantand equipment and undertake turnkey projects. TheCorporation has signed MoUs with two export orientedcompanies viz. M/s. Seftech India Pvt. Ltd., New Delhiand M/s. Pamski Overseas Trade Ltd., New Delhi, forproviding technologies and services. These twocompanies are working aggressively for undertakingprojects in African countries like, Senegal, Ghana,Cameroon, Mozambique, etc.

The Corporation had earlier submitted proposal toMinistry of External Affairs for ‘Pilot Research Projectfor production of Tomato in Ghana’ for financialassistance. The Corporation has recently clarified thequeries raised by MEA and submitted bid to MEA forsetting up of a Technology Incubation Centre at Malawi.Earlier, the Corporation had submitted its expression ofinterest for the same.

It is expected that the Corporation may receive someprojects in the export front.

Basic Engineering Design Package

Basic Engineering Design Package (BEDP) isan important value addition to the laboratory scaleprocesses developed by various research institutes/universities, laboratories, etc. The Corporationcontinued to prepare BEDP through outsideconsultants and during the year ten technologies wereidentified and work orders placed for the preparationof BEDP. These are :

1. Sugarcane juice powder

2. Virgin coconut oil

3. Poly hydroxy butyrate (PHB) production by eco-friendly Rhizobia from agri-byproducts towards costeffective biodegradable plastics

4. Production of liquid biofertilizer

5. An improved process for the preparation of aloinfrom aloevera

6. Mosquito larvicidal formulation based on bacillusthuringiensis var israelensis


7- e/kqesg ¼Vkbi&2½ ds fu;a=.k gsrq djsys dk v/kkseèkqjäis; rS;kj djus dh çfof/k

8- flYoj uSuks ikfVZdYl ij vk/kkfjr çfr :lh lw=.k

9- tSo&moZjd ,oa tSo&doduk’kh@tSo cSDVhfj;kuk’khlajpuk ch

5

10- gcZy ?kh

cktkj loZs{k.k

çkS|ksfxfd;ksa dks iw.kZ o fo’oluh; cukdj vuqKIr djusgsrq l{ke cukus ds fy, dkjiksjs’ku O;kolkf;d cktkjloZs{k.k ,tsafl;ksa ds ek/;e ls O;kolkf;d nf"V ls egRoiw.kZçkS|ksfxfd;ksa ij u dsoy cktkj loZs{k.k djrh gS vfirqmldh mfpr dher ds ewY;kadu esa Hkh lgk;rk djrh gSftlls mls vuqKIr fd;k tk ldsA o"kZ ds nkSjku fuEufyf[krfo"k;ksaa ij cktkj loZs{k.k fjiksVZ rS;kj dh xbZ %

1- lLrh Ård lao/kZu ç.kkyh

2- lLrh ck;ks fMxzsMscy IykfLVd ds fy, —f"k miksRikn}kjk i;kZoj.k lEer fjtksfc;k ls ikWyh gkbMªksDlhcwVkbjsV ¼ih,pch½ dk mRiknu

3- leqæh 'kSoky ls rS;kj moZjd

4- ,pvkboh@,M~l ds jksfx;ksa ds thou Lo:i dks csgrjcukus gsrq vk;q"k D;w vks ,y&2, dSilwy

5- jlk;u [email protected] fpfdRlk çkIr dj jgs dSaljjksfx;ksa ds thou ds Lo:i dks csgrj cukus gsrq vk;q"kD;w vks ,y&2lh dSilwy

6- LokLF;dj@rukoeqä Luku miyC/k djkus dh ç.kkyh

7- lsÝkuky dk uohu QkewZyk@la;kstu

8- ysIVksLikbjk #X.krk dk irk yxkus funku gsrq vkb th ,e,fylk

9- Msaxw ds fy, fj;y Vkbe ihlhvkj

10- çlo iwoZ o çloksijkar lko/kkuh gsrq mRikn rS;kj djusdh çfof/k&vk;q"k ,th] vk;q"k ihth] vk;q"k ihds voysgk]vk;q"k ,l ,l df.kdk

11- iq:"ksa esa oh;Z dh xq.koŸkk fu/kkZj.k gsrq jslktqjhu fjMD'kuVsLV ¼vkjvkjVh½

7. A process for the production of bitter gourdhypoglycemic drink for the control of diabetesmellitus (Type-2)

8. Anti dandruff formulation based on silver nanoparticle

9. Biofertilizer-cum-biofungicide/biobactericidecomposition B

5

10. Herbal ghee

Market Survey

The Corporation carries out market surveys oncommercially important technologies throughprofessional market survey agencies in order to be ableto make the technology to be licensed more completeand credible, but also help in assessing the realistic priceat which the technology can be licensed. During the year,market survey reports on the following items wereprepared :

1. Low cost tissue culture medium

2. Poly hydroxy butyrate (PHB) production by eco-friendly Rhizobia from agri-byproducts towards costeffective biodegradable plastics

3. Seaweed extract fertilizer

4. Ayush QOL-2A capsule–a supportive therapy forthe improvement of quality of life in HIV/AIDSpatients

5. Ayush QOL-2C capsule–for improvement of qualityof life in cancer patients receiving Chemo/Radiotherapy

6. System for providing restorative/relaxation bathing

7. Novel formulation/composition of Safranal

8. Recombinant IgM ELISA for the diagnosis ofleptospirosis

9. Real time PCR for dengue

10. Processes for preparation of products for antenataland post natal care–Ayush AG, PG tablet Ayush PKAvaleha and Ayush SS granules

11. Resazurin reduction test (RRT) for the assessmentof semen quality in men


12- de dSyksjh okyk Lokfn"V nw/k

13- BaMs ikuh esa vklkuh ls foy; gks tkus okyk LVkpZ

14- dlkok fu%ókfor mRikn

Á©|®fxdh lao/kZu gsRkq Kku Áca/ku Á.kkyh¼ds ,e ,l½

dkjiksjs’ku us çkS|ksfxfd;ksa ds ewY;kadu@lao/kZu gsrwKku çca/ku ç.kkyh dk vkjaHk fd;k rkfd çkS|ksfxfd;ksa dsØec) ewY;kadu ds fy, ,d ç.kkyh fodflr dh tk lds]dkjiksjs’ku dks lkSaih xbZ çkS|ksfxfd;ksa ds ewY;kadu ds i’pkr~mudk ewY;o/kZu fd;k tk lds] ewY;o/kZu dks ekWfuVj djusds i’pkr~ çkS|ksfxdh dks vuqKIr dj miØfe;ksa dks laiw.kZçkS|ksfxdh iSdst çnku fd;k tk lds rkfd dkjiksjs’ku }kjkmiØfe;ksa dks lQyrkiwoZd çkS|ksfxfd;ka vuqKIr dh tkldsa vkSj iwoZ dh Hkkafr fdlh çdkj dh foŸkh; vkSj rduhdhleL;k iSnk u gksA

tSo çkS|ksfxfd;ka] —f"k laca/kh çkS|ksfxfd;ksa vk;qoZsn rFkkgcZy çkS|ksfxfd;ksa ds {ks= esa fo’ks"kKksa ds rhu vyx&vyxiSuy cuk, x, gSa ftlesa m|ksxksa] foŸkh;@fuf/k laLFkkvksavkfn ds fo[;kr yksxksa dks 'kkfey fd;k x;k gSA ;s yksxfuèkkZfjr vof/k esa cSBd djrs gSa ftlesa fo'ys"k.k ds vfrfjäçkS|ksfxdh ls lacaf/kr ewY;o/kZu] cktkj loZs{k.k] visf{krijh{k.k ifj.kke] ç;ksx’kkyk çfof/k;ksa dk mé;u] foLrrifj;kstuk fjiksVks± vFkok O;ogk;Zrk fjiksVZ@çkS|ksfxdh lslacaf/kr çys[k rS;kj djuk tSls dk;Z 'kkfey gSaA ;s fo’ks"kKiSuy çkS|ksfxfd;ksa ds foi.ku ls lacaf/kr uhfr;ka Hkh lq>krsgSa lkFk gh uohu çkS|ksfxfd;ksa ds fy, miyC/k lzksr Hkh lq>krsgSA çkS|ksfxfd;ksa ds okf.kfT;dj.k esa ds ,e ,l dh egRoiw.kZHkwfedk jgh gS- cgqr lh çkS|kfxfd;ksa ij ds ,e ,l dh cSBdksaesa fopkj foe’kZ fd;k x;k gS vkSj os dkjiksjs’ku dks lkSaih xbZgSa rFkk ,u vkj Mh lh }kjk gh vuqKIr dh xbZ gSaA

fopkjk/khu o"kZ esa tSo çkS|ksfxdh] —f"k] vk;qoZsn rFkkgcZy ls lacaf/kr 18 çkS|ksfxfd;ksa ij ds ,e ,l dh fo’ks"kKiSuy dh cSBdksa esa fopkj foe’kZ fd;k x;k gSA çkS|ksfxdh dkscktkj ;ksX; cukus ds fy, iSuy }kjk fn, x, lq>koksa dkvuqikyu fd;k x;kA

lewg fodkl dk;ZØedkjiksjs’ku us fofHké {ks=ksa tSls js’ke dhV ikyu vkSj

dkW;j esa lewg fodkl dk;ZØeksa dk vk;kstu djuk tkjhj[kk gSA

12. Low calorie flavoured milk

13. Cold water miscible starch

14. Cassava extruded products

Knowledge Management System for TechnologyPromotion

The Corporation had introduced the KnowledgeManagement System for technology evaluation/promotion with a view to develop a self propelledmechanism for systematic evaluation of the technologies,provide value addition to the technologies assigned tothe Corporation after proper evaluation, monitor the valueaddition and licensing of the technologies and providethe entrepreneurs complete technology package, so thatthe large number of technologies which the Corporationlicense to various entrepreneurs could become successand do not undergo technological or financial problemsas was the case earlier.

Three different Expert Panels in the areas ofBiotechnologies, Agriculture Related Technologies andAyurveda and Herbal Technologies have been formedcomprising eminent persons from the relevant discipline,financial/funding institutes, industry; who meetperiodically and analyze and recommend various valueadditions required for the technology including marketsurvey, test results required, scale up of the laboratoryprocess, preparation of technology document/feasibilityreport or detailed project reports etc. The Expert Panelsalso suggest strategies for marketing of technologies etc.and sources for availability of new technologies. TheKMS have played an important role in thecommercialization of the technologies. Number oftechnologies discussed in KMS have been assignedin favour of the Corporation and licensed throughNRDC.

During the year, 18 technologies related toBiotechnology, Agriculture, Ayurveda & Herbal werediscussed in KMS meetings of expert panel and panelsuggested the measures, which have been followed tomake the technology marketable.

Cluster Development Programs

The Corporation continued its efforts in the ClusterDevelopment Programmes in diverse sectors, viz.,Sericulture and Coir.


v- js'ke m|ksx lewg fodkl dk;ZØe

lewg dk;ZØe ds ek/;e ls js’ke m|ksx esa jr yksxksa dslaiw.kZ fodkl esa iwoZ esa feyh lQyrkvksa dks /;ku esa j[krs gq,dkjiksjs'ku us bl o"kZ dsUæh; js’ke cksMZ ds laxBuksa ls nksçLrkoksa dks fuf/k çnku dh gS rkfd lewg dk;ZØe }kjkfodkl dk;ZØe vk;ksftr fd, tk ldsa %

¼d½ nks pkWdh ikyu dsUæksa dh LFkkiuk ds fy, ` 3 yk[k#i, ds foŸkh; lg;ksx lfgr dk;kZUo;u ,tsalh ds:i es a us’kuy flYdokeZ lhM vkWxZ sukbts’ku¼,u,l,lvks½] dsUæh; flYd cksMZ] csaxyq# ds lg;ksxls pkWdh ikyu dsUæ dh LFkkiuk

¼[k½ dsUæh; js’kedhV ikyu vuqla/kku o çf’k{k.k laLFkku¼lh,lvkj ,.M Vh vkb½] dsUæh; flYd cksMZ] eSlwj dslkFk 2 yk[k dh foŸkh; lgk;rk lfgr 'kgrwr js’kedhV dksdwu dh xq.koŸkk o/kZu gsrq drkbZ] vkyacu rFkkdksdwu dh Qly çkfIr ds fy, çkS|ksfxfd;ksa dk çn’kZuvkSj varj.k

c- dkW;j m|ksx lewg fodkldkjiksjs’ku us vuqie dj?ks rS;kj djus vkSj lgdkjh

lfefr;ksa esa budk forj.k djus ds fy, o"kZ 2009&10 esalhlhvkjvkbZ dks ` 15 yk[k dh foŸkh; lgk;rk çnku dhFkhA lhlhvkjvkbZ us rhu dj?ks rS;kj fd, rFkkeS- fNjkf;an[kht&vatsaxks dkW;j esV~l ,.M esfVaXl dkWijsfVolkslkbVh] eqÍkiye] f=osaæe dks ,d dj?ks dk çn’kZu Hkhfd;k gSA vU; nks dj?ks çn’kZu gsrq rS;kj gSa ftudk forj.klgdkjh lfefr;ksa dks fd;k tkuk gSA ,d vksj dj?kk dkW;jlgdkfjrk dks forfjr djus dh ;kstuk gSA

u, dj?kksa ds çn’kZu o çf’k{k.k ls budh mi;ksfxrk dkçlkj gksxk vkSj varr% buds ç;ksx esa of) gksxh o ftllsmRiknksa dh mRikndrk o xq.koŸkk esa lq/kkj vk,xkA

O;kolkf;d m|e dk lkekfTkd nkf;Ro

m|®xksa d® i;kZoj.k&lEeRk Á©|®fxfd;ksa ds vaRkj.k dsvfRkfjDRk dkji®js’ku ds lkekfTkd nkkf;Ro dk fuokZg djusds fy, l’kDRk Á;kl fd, Tkk jgs gSaA bl fn’kk esa mBk, x,dne ds eÌsuTkj ns’k esa efgyk fodkl RkFkk {®=h; laRkqyufodkl ij fuEufyf[kRk dk;Z vkja“ fd, x, %

mÙkj&iwohZ jkT;ksa ds fy, dk;ZØe

mŸkj iwoZ jkT;ksa esa fo’ks"kr% efgykvksa] csjkstxkj ;qokvksads fy, mRikndrk] jkstxkj] thfodk esa lq/kkj djus gsrq rFkk

A. Sericulture Cluster Development Program

Keeping in view of the past successes in bringingoverall development of the Sericulture farmers throughCluster approach, this year Corporation has funded thefollowing two proposals from the organizations underthe Central Silk Board for carrying out developmentprograms on cluster approach :

(A) Establishment of Chawki Rearing Centres (CRC)with National Silkworm Seed Organization (NSSO),CSB, Bengaluru as implementing agency with abudget support of ` 3 lakhs for establishing twoCRC.

(B) Demonstration and Transfer of Technologies onSpinning, Mounting and Cocoon Harvesting toImprove the Quality of Mulberry Silkworm Cocoonwith Central Sericultural Research and TrainingInstitute (CSR & TI), CSB, Mysore as theImplementing Agency with a budget support of` 2 lakhs.

B. Coir Cluster Development Program

The Corporation has given financial assistance of` 15 lakhs in 2009-10 to CCRI for fabrication of AnupamLooms and distributing to the Cooperatives. CCRI hasfabricated three looms and one has been demonstratedto M/s. Chirayindkeezh–Anjengo Coir Mats & MattingsCooperative Society, Muttappalam, Trivandrum. Othertwo looms are ready for demonstration and planning fordistribution to Cooperatives. One more loom is beingplanned to distribute to Coir Cooperative.

The demonstration and training of the looms shallpropagate usefulness of the new looms and ultimatelyresult in more use of the looms and enhance theproductivity and quality of the products.

SOCIAL RESPONSIBILITIES OF BUSINESSENTERPRISE

Apart from the transfer of eco-friendly technologiesto the industry vigorous efforts are being made to meetthe social responsibility by the Corporation. Theinitiatives being taken for Gender Development andRegional Balanced Development in the country werecontinued during the year :

Programme for North-Eastern States

The following programmes were carried out in theNorth East states to improve productivity, employment,


jkstxkj mRié djus u, volj o vk; ltu ds fØ;kdykiksadks lqlk/; cukus ds fy, fuEufyf[kr dk;ZØe vkjaHk fd,x,A foÙkh; o"kZ 2011&12 ds nkSjku fofHké {ks=ksa esa fuEufyf[krdk;ZØe vkjaHk fd, x, %

1- mŸkj&iwohZ {ks= ds f=iqjk] dqekj?kkV esa csjkstxkj ;qokvksads fy, gFkdj?kk cqukbZ ij dkS’ky fodkl çf’k{k.kdk;ZØeA

2- nhekiqj] ukxkyS.M esa IykfLVd laL—fr dk bLrsekydjrs gq, ioZrh; Hkw&Hkkx ij ihus ds fy, ikuh rFkkeRL; ikyu o flapkbZ ds fy, tyk’k; dk lap;uA

3- fM;wu] ftyk pkaxyax] v:.kkpy çns'k esa dEI;wVj çf’k{k.kij dkS’ky fodkl dk;ZØeA

4- djhexat] vle esa mŸkj iwoZ {ks= ds csjkstxkj ;qokvksa dsfy, [kk|@Qy çlaLdj.kA

5- Fkkscy ftyk] e.khiqj esa dkSuk f’kYi ij efgyk l’kfädj.kdk;ZØeA

efgyk m|feRkk fodkl dk;ZØe¼efgyk fodkl½

dkji®js’ku us efgykvksa d® vkÆFkd LRkj ij leFkZ cukusRkFkk m|feRkk fodkl ds ek/;e ls eq[; /kkjk esa ykdj efgykm|feRkk fodkl dk;ZØeksa ds ek/;e ls mUgsa leFkZ cukus dsfy, efgyk m|feRkk fodkl dk;ZØe vkja“ fd;k gSA

bl dk;ZØe dk mÌs’; fof“Uu fo’ofo|ky;ksa@egkfo|ky;ksadh fofHkUu LRkj dh efgyk fo|kÆFk;ksa dks çksRlkfgr djds]çsfjr djds m|ferk viukdj l'kDr cukuk FkkA bl dk;ZØeesa m|ferk fodkl] O;ogk;ZRkk fji®VZ ys[ku] Mhvkblh dk;ksxnku] lw{e] y?kq o e/;e m|e] efgyk m|fe;ksa }kjklQyRkk ds vuq“o] foÙkh; laLFkkvksa@cSadksa esa miyC/k ;®Tkuk,ao m|feRkk gsRkq mi;qDRk Á©|®fxfd;ka vkfn vusd fo"k;lekfgRk F®A

vkÆFkd Lrj ij fiNM+s oxZ dh efgykvksa lfgr lHkh {ks=ksals pquh xbZ efgykvksa dks viuh vk; esa of) dj vius thouLrj dks csgrj cukus ds mÌs'; ls vko';drk vk/kkfjrçkS|ksfxfd;ksa ij dkS'ky çf'k{k.k fn;k x;kA

foŸkh; o"kZ 2011&12 ds nkSjku dkjiksjs’ku us yxHkxX;kjg fofHké fo’ofo|ky;ksa@egkfo|ky;ksa esa lQyrkiwoZdefgyk m|ferk fodkl dk;ZØeksa dk vk;kstu fd;kA ;s gS%egÆ"k n;kuUn ljLorh fo’ofo|ky;] vtesj] vle fo’ofo|ky;]flYpj] vle] egkRek xka/kh fp=dwV xzkeksn; fo’ofo|ky;]

livelihood especially that of women, unemployed youthsand facilitate new avenues of employment generationand income generating activities. During financial year2011-12 the following programmes were undertakensuccessfully in different sectors :

1. Skill development training programme on handloomweaving for unemployed youth of NER atKumarghat in Tripura.

2. Development of high land water harvesting fordrinking and pisciculture-cum-irrigation reservoirusing plasticulture technology in Dimapur, Nagaland.

3. Skilled Development Programme on ComputerTraining at Diyun in Changlang District, ArunachalPradesh.

4. Food/Fruit Processing for unemployed youths ofNER at Karimganj, Assam.

5. Women’s Empowerment Programme on KaunaCrafts at Thoubal District, Manipur.

Women Entrepreneurship Development Program(Gender Development)

The Corporation has been carrying out WomenEntrepreneurship Development Programme (WEDP)with an objective to empower women by improving theireconomic status and bringing them into the mainstreamof development through entrepreneurship developmentprogrammes.

The program was aimed at promoting, inspiring andencouraging women students at different levels fromvarious universities/colleges to take up entrepreneurshipto empower themselves. The program covered varioustopics on entrepreneurship development. How to writeproject report, Role of DIC, MSME, success stories bywomen entrepreneurs. Schemes available with financialinstitutions/banks, technologies appropriate forentrepreneurship, etc.

Identified women of all sectors includingeconomically backward class women were given skilltraining on need based technologies to improve theirstandard of living by increasing their earnings.

For the financial year 2011-12, the Corporation,successfully conducted WED programmes at elevendifferent Universities/Colleges. These are: MaharshiDayanand Saraswati University, Ajmer, AssamUniversity, Silchar, Assam, Mahatma Gandhi ChitrakootGramodaya Vishwavidyalaya, Chitrakoot, Satna, M.P.,


fp=dwV] lruk] e/; çns’k] caxky bathfu;fjax ,.M lkb±lfo’ofo|ky;] f’kciqj] gkoM+k] usrkth lqHkk"k pUæ cksl jktdh;dU;k fMxzh egkfo|ky;] y[kuÅ] flfôe e.khiky çkS|ksfxdhlaLFkku] jkaxiks] flfôe] —f"k fo’ofo|ky;] csaxyq#] vkpk;ZukxktqZu fo’ofo|ky;] xqUVwj] vka/kz çns’k] xq:dqy dkaxM+hfo’ofo|ky;] nsgjknwu] tqgjh nsoh xYlZ iksLV xzstq,V dkWyst]dkuiqj rFkk yxHkx 1200 efgyk,a blls ykHkkfUor gqbZ gSaA

dkjiksjs’ku us efgykvksa ds fy, dkS’ky fodkl dk;ZØeksa dkHkh vk;kstu fd;kA dkS’ky fodkl gsrq fuEufyf[kr {ks=ksa esafofHké dk;ZØeksa dk vk;kstu fd;k x;k % csdjh mRiknu] Qyo lCth çlaLdj.k o ifjj{k.k] twV mRikn] mŸkj çns’k ds y[kuÅo eqt¶Qjuxj esa diMs+ dk dke ftlesa yxHkx 80 efgykvksa usHkkx fy;kA dkjiksjs’ku us lLrs lsfuVjh usifdUl ij ysMh bjfoudkWyst] fnYyh fo’ofo|ky; esa dk;Z’kkyk dk Hkh vk;kstu fd;kvkSj 12 efgykvksa dks 5 cSp esa çf’k{k.k Hkh çnku fd;k x;k ftlesadqy 60 efgykvks a dks çf’kf{kr fd;k x;kA efgykfo|kfFkZvksa@xzqi@xSj ljdkjh laxBuksa dks çf’k{k.k fn;k x;kA

mijksä dk;ZØeksa dks çeq[k o {ks=h; Hkk"kk ds lekpkj i=ksalfgr dqy 26 lekpkj i=ksa ds ek/;e ls çpkfjr fd;k x;kA ;sdk;ZØe dkjiksjs'ku ds ek/;e ls fofHké fo’ofo|ky;ksa@egkfo|ky;ksa esa fodflr ubZ çkS|ksfxfd;ksa dh igpku esa Hhlgk;d gq,A

ekuo lalk/ku

fdlh “h daiuh dh okLRkfod laifÙk mldk ekuolalkèku g®Rkh gSA dkji®js’ku ds dqy deZpkfj;®a dh la[;k31 ekpZ] 2012 d® 91 FkhA oxZ ¼d&28] oxZ [k&29 oxZ]x&22] oxZ ?k&10 vkSj ?k&lafonkRed&2½ deZpkfj;®a v©jÁca/kd®a ds lacaèk iwjs o"kZ l©gknZiw.kZ jgsA

leh{kk/khu o"kZ esa d®bZ “h deZpkjh ` 24 yk[k okÆ"kdvFkok ` 2]00]000 ÁfRk ekl ;k blls vf/kd ikfjJfedÁkIRk ugha dj jgk gS fTkls Li"V djuk daiuh fu;e 1975¼deZpkfj;®a dk fooj.k½ ds lkFk i<+h Tkkus okyh /kkjk 217¼2,½ dsÁko/kku®a ds vuqlkj visf{kRk gSA

ekuo lalk/ku fodklo"kZ ds n©jku dkji®js’ku dh ekuo lalk/ku igyksa d®

leh{kk/khu vof/k esa laxBu ds lexz O;kolkf;d d©’kyRkFkk deZpkfj;ksa dh Tkhou ofÙk ¼dWfj;j½ ds ÁfRk vkdka{kkvksads lkFk Tk®M+ dj j[kk x;k FkkA o"kZ ds n©jku dk;Z Ápkyuds ÁfRk KkukTkZu v©j mlds fodkl ds ÁfRk ÁkFkfedRkk jghRkFkk csgRkj mRikndRkk o O;kolkf;d okRkkoj.k fuÆeRk djus

Bengal Engineering & Science University, Shibpur,Howrah, Netaji Subhash Chandra Bose Govt. GirlsDegree College, Lucknow, Sikkim Manipal Institute ofTechnology, Rangpo Sikkim, University of AgriculturalSciences, Bengaluru, Acharya Nagarjuna University,Guntur, A.P., Gurukul Kangri University, Dehradun, JuhriDevi Girls Post Graduate College, Kanpur and about1200 women benefited.

The Corporation has also conducted skilldevelopment programs for women. The various programscarried out in the field are skill development program inbakery production; fruits and vegetable processing andpreservation; jute products; fabric work at Lucknow andMuzaffaranagar, U.P., wherein about 80 number ofwomen attended. The Corporation also conductedworkshop on low cost sanitary napkins at Lady IrwinCollege, University of Delhi, Delhi and training was givenin 5 batches of 12 women each, wherein about 60 womenwere trained. The training was given to women students/groups/NGOs.

The above programs were covered in 26 newspapersincluding leading and local newspapers. The programalso helped to identify new technologies developed byvarious universities/colleges for commercializationthrough the Corporation.

HUMAN RESOURCE

The real asset of any company is its human resource.The total manpower of the Corporation as on 31st March2012 is 91, viz., (Group A-28, Group B-29, Group C-22,Group D-10, and Group D (contractual)-2. Theemployee-management relationship was cordialthroughout the year.

During the year under review, there were noemployees receiving remuneration of or in excess of` 24 lakhs per annum or 2,00,000 per month, requiringdisclosure as per the Provisions of Section 217(2A) readwith the Companies (Particulars of Employees) Rules1975.

Human Resource DevelopmentThe human resource initiatives of the Corporation

in the year under review were aligned to the overallbusiness strategy of the organization as well as the careeraspirations of staff members. Learning and developmentof the workforce was a priority during the year and thefocus was around leadership development for achievingbetter productivity and building a sales-driven


ds fy, usRkRo fodkl dk y{; jgk fTklesa laXkBu ds d©’kyfu"iknu esa deZpkfj;ksa dk “h ;®xnku jgkA leh{kk/khu o"kZesa dkji®js’ku ds 6 vf/kdkfj;ksa o deZpkfj;ksa d® vius&viusdk;Z{®= esa viuh ;®X;Rkk dk fodkl djus ds mÌs’; lsfof“Uu Áf’k{k.kksa gsRkq ukfeRk fd;k x;kA

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1- Jherh jek jkuh] çca/kd v/;{k

2- Jherh eatqfydk vksVks] çca/kd lnL;

3- Jherh 'kdqaryk Mkoj] dk;Zdkjh vf/kdkjh lnL;

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efgyk lSy }kjk efgyk dfeZ;ksa dh f'kdk;rksa dks lqudj çca/ku ds lkFk fopkj foe'kZ dj mldk lek/kku fd;ktkrk gSA efgyk dfeZ;ksa ds fy, dkjiksjs'ku esa ,d LFkku¼dkWeu :e½ fu/kkZfjr fd;k x;k gSA dkjiksjs'ku esa efgyk oiq#"k dfeZ;ksa ds e/; ijLij lkeatL;rk dk okrkoj.k gSA

Á©|®fxdh lekos'ku] vuqdwyu RkFkk uokpkj

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jkTkHkk"kk dk dk;kZUo;u

dkji®js’ku esa o"kZ 2011&12 ds n©jku jkTk“k"kk fganh ds

environment having involvement of the staff membersin the execution of the organizational strategy. Duringthe year, 6 executives and non-executives of theCorporation were deputed to various trainingprograms to develop further their skills in areas oftheir operations.

Information Status of Complaint Mechanism forWomen

NRDC is having a “Women Cell” consisting of thefollowing members to look after the well-being andwelfare of the female employees :

1. Mrs. Rama Rani, Manager Chairperson

2. Mrs. Manjulika Otto, Manager Member

3. Mrs. Shakuntla Dawar, Exe. Officer Member

The Women Cell is provided with requisite facilitiesand a drop box has also been put up at the reception toreceive the complaints. The Cell also brings outawareness programmes to the notice of all femaleemployees about the sexual harassment at the workplace. The Cell also displays posters/drawings to showthe type of harassment act at work places. All thecirculars pertaining to the welfare/protection of womenrights received from the Govt. departments are broughtto the notice of female employees for awareness.

The Women Cell hears the grievances of the femaleemployees and sort out the same with the management.The Corporation has also allotted a common roomfor the female employees. There is a cordial atmospherebetween the male and female employees of theCorporation.

TECHNOLOGY ABSORPTION ADAPTATIONAND INNOVATION

While a major objective of the Corporation is thedevelopment and commercialization of indigenoustechnologies, the Corporation itself does not carry outany R&D. However, it promotes and finances R&D ona selective basis in both laboratories and industry. Hencethe requirement to furnish information in respect ofTechnology Absorption, Adaptation and Innovation underRule 2(B) of Companies (Disclosure of Particulars inthe Report of Board of Directors) Rules, 1988, is notapplicable to the Corporation.

IMPLEMENTATION OF OFFICIALLANGUAGE

The Corporation continued to make efforts to fulfill


bLR®eky d® c<+kus ds laca/k esa jkTk“k"kk vf/kfu;e RkFkk mldsfu;e®a esa “kjRk ljdkj }kjk fu/kkZfjRk y{;®aa d® iwjk djus dslfØ; Á;kl Tkkjh gSaA deZpkfj;ksa d® vius nSfud ljdkjhdk;®± esa fganh dh dk;Zdkjh Tkkudkjh d® bLR®eky djus dhÁsj.kk nh xbZA l“h ekud Ái=] Qkby vkfn f}“k"kh :i esaÁ;®x fd, Tkk jgs gSaA fganh esa fVIi.k] Ák:i.k v©j i=kpkjds {®= esa egRoiw.kZ ÁxfRk gqbZ gSA l“h fganh i=ksa dk mÙkjfganh esa gh fn;k Tkk jgk gSA dkji®js’ku dh okÆ"kd fji®VZ o"kZ1986&87 ls f}“k"kh :i esa Ádkf’kRk g® jgh gSA dkjiksjs'ku}kjk foKku v©j Á©|®fxdh dh y®dfÁ; ekfld fganh if=dk^^vkfo"dkj** “h Ádkf’kRk dh TkkRkh gSA dkjiksjs’ku esa jktHkk"kkds ç;ksx dks c<k+us dh fn’kk esa ¼fnukad 14&30 flrEcj]2011½ jktHkk"kk i[kokM+k* vk;ksftr fd;k x;kA i[kokM+k dsnkSjku fofHké çfr;ksfxrk,a tSls fgUnh fuca/k] fgUnh i= ys[ku]fgUnh fVIi.k o çk:i ys[ku vkfn vk;ksftr dh xbZA fotsrkvksadks çek.k i= rFkk udn iqjLdkj Hkh çnku fd, x,A^jktHkk"kk çksRlkgu ;kstuk* ds varxZr dkfeZdksa dks udniqjLdkj çnku fd, x,A dkjiksjs’ku ds deZpkfj;ksa rFkk lkFkgh lkFk vkxarqdksa ds Hkh 'kCn HkaMkj dks c<+kus ds fy,dkjiksjs’ku ds Lokxr&d{k esa yxs cksMZ ij vkt dk 'kCn* ukels vaxzsth dk ,d 'kCn mlds fgUnh vFkZ ds lkFk jkstkukfy[kk tkrk gSA

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funs'kd e.My

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3- M‚- j.kchj pUnj l®cRkhdqyifRk] iaTkkc fo’ofo|ky;p.Mhx<+&160 014¼6 vDRkwcj 2009 ls Á“koh½

the targets prescribed by the Government of India underthe Official Language Act and the Rules framedtherein with regard to increasing the use of HindiRajbhasha in the office during the year 2011-12.Employees were motivated to use their workingknowledge of Hindi in day-to-day official work. All theStandard Forms, Files, etc., are bilingual. Significantprogress has been made in the field of correspondence,noting and drafting in Hindi. All Hindi letters are beingreplied in Hindi only. The Annual Report of theCorporation is being published in diglot form since1986-87. The Corporation also publishes a popularScience and Technology monthly magazine in Hindi,entitled ‘Awishkar’. To popularise the use of Hindi, theCorporation organized a “Rajbhasha Pakhwara”(14-30 September, 2011). During the programmedifferent types of competitions like Hindi essay writing,Hindi drafting and noting were organized. Certificateand cash awards were given to the winners. CashAwards were also given to employees under “RajbhashaIncentive Scheme”. To enrich the Hindi vocabulary ofthe employees of the Corporation as well as the visitors,an English word with its Hindi meaning is written dailyon a writing board as ‘Today’s word’ at the reception ofthe Corporation.

DIRECTIVES FROM THE PRESIDENT OFINDIA

Under Clause 127 of the Article of Association ofthe Corporation, the President of India is authorized toissue directives to the Corporation. During the year underreview, no directive was received from the Presidentfor compliance.

BOARD OF DIRECTORS

1. Shri Somenath GhoshChairman and Managing Director(Suspended w.e.f. 13th January 2011)

2. Ms. Vandana SrivastavaJoint Secretary & Financial Adviser, CSIR &DSIR (Director w.e.f. 30.8.2010 &Additional Charge of CMD w.e.f. 16.6.2011 to15.12.2011)

3. Dr. Ranbir Chander SobtiVice Chancellor, Punjab UniversityChandigarh-160 014(w.e.f. 6th October 2009)


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funs'kd dk mÙkjnkf;Ro dFku

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� 31 ekpZ 2012 Rkd vof/k esa lekIRk ys[kk x®bax dUluZ*ij vk/kkfjRk gSA

lRkdZRkko"kZ ds n©jku lRkdZRkk fo“kx us Áca/ku ds ,d Á“koh

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esa lkafof/kd ys[kk ijh{kdksa dh fu;qfä djrs gSa- foŸkh; o"kZ

4. Shri Som MittalPresident, NASSCOM, New Delhi-110 021(w.e.f. 6th October 2009 - Upto 27th June 2011)

5. Smt. Deepanwita ChattopadhyaChief Executive OfficerIKP Knowledge Park, Hyderabad-500 016(w.e.f. 6th October 2009)

DIRECTORS’ RESPONSIBILITYSTATEMENT

Your Directors confirm;

� that in the preparation of accounts for the periodended March 31, 2012, the applicable AccountingStandards had been followed and there are nomaterial departures;

� that the selected accounting policies arereasonable and prudent so as to give a true andfair view of the state of affairs of the Corporationat the year end and profit of the Corporation forthat period;

� that proper and sufficient care has been taken formaintenance of adequate accounting records inaccordance with the provisions of the CompaniesAct, 1956 for safeguarding the assets of theCorporation and preventing and detecting fraud andother irregularities; and

� that the accounts for the period ended March 31,2012 are on a going concern basis.

VIGILANCEDuring the year, the Vigilance Division has functioned

as an effective part of the management. VigilanceReturns and Vigilance Reports were submitted regularlyto the statutory agencies. In order to strengthen vigilancemechanism, the contents of directives received from timeto time from the Central Vigilance Commission/DOPTare being brought to the notice of Supervisory Officersand consistent efforts were initiated to make the workingof the Corporation more transparent.

There is one vigilance case, which is underinvestigation.

AUDITORS

The Comptroller & Auditor General of India appointsthe Statutory Auditors of your Corporation. M/s. APRA


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o"kZ ds nkSjku dkjiksjs’ku dh çxfr esa lHkh Lrjksa ijdeZpkfj;ksa rFkk vf/kdkfj;ksa }kjk çnÆ'kr ewY;oku lg;ksx]foiqy ç;klksa o leiZ.k Hkkouk dh cksMZ ç’kalk djrk gS rFkkorZeku o"kZ esa vkSj Hkh vPNs dk;Z ifj.kkeksa dh vis{kk djrkgSA

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& Associates (DE 2438), 3812/5, Kanhaya Nagar, TriNagar, New Delhi 110035 were appointed as StatutoryAuditors for the financial year 2011-12.

AUDITORS' REMARKS

The replies to the points referred to in the auditors’report and annexure thereto are appended in the Notesto the Accounts, which are self-explanatory.

SECRETARIAL COMPLIANCE CERTIFICATE

As required under the provisions of Section 383A ofthe Companies Act, 1956 compliance certificate for thefinancial year ended March 31, 2012 received fromM/s. Ashwani Kohli & Associates Company Secretariesis attached herewith as Annexure-II.

ACKNOWLEDGEMENT

Your Directors wish to place on record theirappreciation for the valuable co-operation and strongsupport given by the various Ministries of the Govt. ofIndia, particularly the Department of Scientific and IndustrialResearch, the Administrative Ministry of the Corporationand the Ministry of External Affairs. The Directors arealso grateful to the Comptroller and Auditor General ofIndia, the Chairman and Member of the Audit Board,Statutory Auditors and the Bankers of the Corporationfor their valued cooperation. The Directors place onrecord their appreciation of the valuable assistancereceived from all Research Institutions under CSIRnetwork, ICAR, Central Silk Board, Bengaluru,CCRUM, New Delhi, CCSHAU, Hisar, various StateCouncils for Science & Technology and the GovernmentDepartments for the cooperation and support extendedto it and the confidence reposed in the Corporation.

The Directors also take this opportunity to place onrecord their warm appreciation of the valuablecontribution, unstinted efforts and spirit of dedicationshown by the executives and non-executives at all levelsin the progress of the Corporation during the year underreport and also look forward to achieving better workingresults during the current year.

For and on behalf of the Board of Directors

(Dr. Rita Kumar)Chairman & Managing Director

New DelhiDated : 8 August 2012


A. PROCESSES ASSIGNED


� POSHAN–a micronutrient formulation forcorrecting the nutrient deficiencies in mulberry

Indian Council of Medical Research, New Delhi

� Real time PCR for dengue

� Recombinant IgM ELISA for the diagnosis ofleptospirosis

Govind Ballabh Pant University of Agricultural &Technology, Pantnagar

� A deep soil volume loosener-cum-fertilizer applicator

� A process for the preparation of processed cheesespread

Indira Gandhi Krishi Vishwa Vidyalaya, Raipur

� Anaemia detection kit

Tamil Nadu Veterinary and Animal SciencesUniversity, Namakkal

� Utilization of carcass

Tamil Nadu Agricultural University, Coimbatore

� Liquid bio-fertilizer

All India Institute of Medical Sciences, New Delhi

� Development of oligonucleotides for detection ofXDR-TB

� Novel mycobacterial proteins in urine of TBpatients

� Rapid detection of MDR-TB

National Dairy Research Institute, Karnal

� A new colour based method for detection ofdetergents in milk

Indian Institute of Horticulture Research,Bengaluru

� A process for preparation of formulation for themanagement of borers

� Amla/anola beverage concentrate

� Banana beverage concentrate

vuqyXud&A v Annexutre-IA

v- lkSaih xbZ Áfof/k;ka

dsUnzh; js’ke m|®x vuqla/kku ,oe~ Áf’k{k.k laLFkku]eSlwj

� iks"k.k&'kgrwr esa iks"k.k dfe;ksa dks Bhd djus ds fy,lw{e iks"k.k lw=.k

Hkkjrh; fpfdRlk vuqla/kku ifj"kn~] ubZ fnYyh

� Msaxw ds fy, jhvy Vkbe ih lh vkj

� ysIVksLikbfjrk dk irk yxkus ds fy, iqu;ksZxt vkbZ th,e ,sfylk

xksfoUn oYyHk iaRk Ñf”k v©j Á©|®fxdh fo’ofo|ky;]iaRkuxj

� feÍh ds xgjkbZ rd <hyk vkSj mitkÅ cukus okyk ,IyhdsVj

� lalkf/kr pht LçsM rS;kj djus dh fof?k

bafnjk xka/kh Ñf"k fo'ofo|ky;] jk;iqj

� jDr{kh.krk dk irk yxkus okyk fdV

rfey ukMq i'kq fpfdRlk ,oe~ i'kq foKkufo'ofo|ky;] ueDdy

� tkuojksa ds 'koksa dk bLrseky

rfey ukMq Ñf"k fo'ofo|ky;] dks,acrwj

� rjy tSo&moZjd

vf[ky Hkkjrh; vk;qÆoKku laLFkku] ubZ fnYyh

� ,Dl Mh vkj&Vh ch dk irk yxkus ds fy,vksfyxksU;wDyksVkbM dk fodkl

� Vh ch ds jksfx;ksa ds is'kkc esa uohu ekbdkscSDVhfj;yçksVhUl

� ,e Mh vkj&Vh ch dk 'kh?kz irk yxkuk

jk"Vªh; Ms;jh vuqla/kku laLFkku] djuky

� nw/k esa viektZdksa dk irk yxkus ds fy, jatdksa ijvkèkkfjr ,d uohu fof/k


� ços/kd ds çca/ku ds fy, lw=.k rS;kj djus dh fof/k

� vkeyk is; lRo

� dsyk is; lRo


� Grape beverage concentrate

� Mango beverage concentrate

� Passion fruit beverage concentrate

� Pineapple beverage concentrate

� Ready to serve beverage of banana

� Ready to serve beverage of grape

� Ready to serve beverage of guava

� Ready to serve beverage of mango

� Ready to serve beverage of mango and papaya

� Ready to serve beverage of pineapple

� Ready to serve beverage of watermelon

� Osmotic dehydration of amla/anola

� Osmotic dehydration of mango

� Osmotic dehydration of papaya

� Osmotic dehydration of pineapple

� Fruit bar technology

� Dried flower technology

� vaxwj is; lRo

� vke is; lRo

� iS'ku ÝwV is; lRo

� vukukl is; lRo

� rqjar rS;kj fd, tkus okyk dsyk is;

� rqjar rS;kj fd, tkus okyk vaxwj is;

� rqjar rS;kj fd, tkus okyk ve:n is;

� rqjar rS;kj fd, tkus okyk vke is;

� rqjar rS;kj fd, tkus okyk vke o iihrk is;

� rqjar rS;kj fd, tkus okyk vukukl is;

� rqjar rS;kj fd, tkus okyk [kjcwtk is;

� vkeys dk ijklj.kh futZyhdj.k

� vke dk ijklj.kh futZyhdj.k

� iihrs dk ijklj.kh futZyhdj.k

� vukukl dk ijklj.kh futZyhdj.k

� ÝwV ckj çkS|ksfxdh

� lq[kk, gq, Qwyksa ds fy, çkS|ksfxdh


B. PROCESSES LICENSED DURING 2011-12

No. ofParties

Indian Institute of Horticultural Research,Bengaluru

� A process for preparation of arka citrus 1foliar spray formulation

� A process for preparation of crop specific 1foliar micronutrient formulation for banana

� A process for preparation of arka vegetable 1foliar spray formulation

� A process for preparation of neem soap for 1agricultural use

� A process for preparation of pongamia 1soap for agricultural use

� A cost effective, eco-friendly parapheromone 1trap for effective monitoring of fruit fliesbelonging to bactrocera spp for use inhorticulture

� A process for preparation of formulation 2for the management of borers (Healer & Sealer)

Vector Control Research Centre, Puducherry

� Bio-pesticide based on bacillus 1thurigiensis biolarvicide

Sugarcane Breeding Institute, Coimbatore

� Process for preparing sugarcane juice powder 1

Neyveli Lignite Corporation Limited, Neyveli

� Manufacture of potassium humate from lignite 2

Shri Lalit Sharma & Associates, Bathinda

� Night time highway system for automobile 1

Central Potato Research Institute, Shimla

� Bio-fertilizer-cum-biofungicide/biobactericide 1composition B

5

Indian Agriculture Research Institute, New Delhi

� Extraction of azadirachtin and its pesticide 1formulations

� Neem based pesticide formulation 1

c- o"kZ 2011&12 ds nkSjku vuqKIRk fof/k;kaikÆV;ksa dh

la[;k

HkkjRkh; ckxckuh vuqla/kku laLFkku]csaxyq#

� vdkZ flVjl ifÙk;ksa ij fNM+dko gsRkq lw=.k 1rS;kj djus dh fof/k

� dsys dh iSnkokj c<+kus gsRkq mlds iÙkksa ij fd, 1Tkkus okys fNM+dko ds fy, lw{e i®"kd lw=.kR©;kj djus dh Áfofèk

� vdkZ lfCTk;ksa dh ifÙk;ksa ij fNM+dko djus gsRkq 1lw=.k R©;kj djus dh fof/k

� Ñf"k bLR®eky ds fy, uhe dk lkcqu R©;kj djus 1dh fofèk

� Ñf"k bLR®eky ds fy, iksaxkfe;k lkcqu R©;kj djus 1dh fof/k

� ckxckuh {®= esa Qyksa ij cSBus okyh cSDVª®lsjk 1,lihih ÁTkkfRk dh efD[k;ksa dh xfRkfof/k;ksa dkÁ“kodkjh ekuhVju djus ds fy, i;kZoj.k dsvuqdwy RkFkk de ykxRk okyk ,d isjkQsj®e®u VªSi

� ços/kd ds çca/ku gsrq lw=.k rS;kj djus dh 2fof/k ¼Hkjus okyk vkSj lhy djus okyk½

osDVj daVªksy fjlpZ lsaVj] iqÌqpsjh

� csflyl Fkqfjft,asfll tSo ykjokuk'kh ij 1vk/kkfjr tSo ihM+duk'kh

lwxjdsu czhfMax bafLVV~;wV] dks;Ecrwj

� xUus ds jl dks lq[kkdj ikmMj cukus dh fof/k 1

usosyh fyXukbV dkjiksjs'ku fyfeVsM] usosyh

� fyXukbV ls i®Vsf’k;e g~;wesV dk fofuekZ.k 2

Jh yfyr ’kekZ ,oe~ ,lksfl,V] HkafVMk

� okguksa ds fy, ukbV Vkbe gkbos flLVe 1

dsanzh; vkyw vuqla/kku laLFkku] f'keyk

� tSo moZjd&,oe~&tSododuk'kh@tSo cSdVhfj;k 1uk'kh la?kVd ch

5

Hkkjrh; Ñf"k vuqla/kku laLFkku] ubZ fnYyh

� vtkMhjsfDVu dk fu"d"kZ.k vkSj blds ihM+duk'kh 1lw=.k

� uhe ls cus ihM+duk'kh 1

Annexutre-I BvuqyXud&A c


dsanzh; js’ke m|®x vuqla/kku ,oe~ Áf’k{k.k laLFkku]eSlwj

� 'kgrwr dha tM+ksa dks lM+us ls cpku ds fy, 2ikS/ks ls cuk lw=.k&ufoU;k

� js'ke m|ksx ds fy, mPp ncko okys Lçs;j 1

� 'kgrwr ds fy, ,tksVkscsDVj tSo moZjd 1

� iks"k.k&'kgrwr esa iks"k.k dfe;ksa dks Bhd djus 1ds fy, lw{e iks"k.k lw=.k

xksfoUn oYyHk iaRk Ñf”k v©j Á©|®fxdh fo’ofo|ky;]iaRkuxj

� lclksbyj&de&fMQjsaf'k;y jsV QVhZykbtj 1,IyhdsVj

j{kk lkexzh ,oe~ ÒaMkj vuqla/kku rFkk fodkl çfr”Bku]dkuiqj

� Xykbdksy ij vk/kkfjr ,aVh&Ýht dwysaV 3

Hkkjrh; i'kq fpfdRlk vuqla/kku laLFkku] bTtruxj

� cdfj;ksa dks yxk, tkus okys ikWDl Vhds dh çkS|ksfxdh 1

vUukeykbZ fo'ofo|ky;] vUukeykbZ

� leqnzh 'kSoky ls rS;kj moZjd 1

rfey ukMq Ñf"k fo'ofo|ky;] dks,acrwj

� rjy tSo&moZjd 1

rfeyukMw i'kq fpfdRlk ,oe~ i'kq foKkufo'ofo|ky;] ueDdy

� i'kq 'koksa dk bLrseky 1

Jh ih-lh- 'kekZ] lh-ch-vkj-vkbZ-] oSKkfud

� vukt j[kus ds fy, Qsjks lhesaV ls cus vukt HkaMkj 1

dsanzh; vk;qosZn ,oe~ fl)k vuqla/kku laLFkku ifj"kn~]ubZ fnYyh

� vk;q"k 64 1

j{kk vuqla/kku ,oe~ fodkl çfr"Bku]Xokfy;j

� is; ty dh lw{e tSfod xq.koÙkk ds fy, 1ijh{k.k fdV

dsanzh; ;kaf=d vfHk;kaf=dh vuqla/kku laLFkku]nqxkZiqj

� l®ysD'kk 1


� Navinya–a plant based formulation 2for control of mulberry root rot disease

� High pressure sericulture sprayer 1

� Azotobacter biofertiliser for mulberry 1

� POSHAN–a micronutrient formulation 1for correcting the nutrient deficienciesin mulberry


� Subsoiler-cum-differential rate fertilizer 1applicator

Defence Materials and Stores Research andDevelopment Establishment, Kanpur

� Glycol based anti-freeze coolant 3

Indian Veterinary Research Institute, Izatnagar

� Goat pox vaccine technology 1

Annamalai University, Annamalai

� Seaweed extract fertilizer 1

Tamil Nadu Agricultural University, Coimbatore

� Liquid bio-fertilizer 1

Tamil Nadu Veterinary and Animal SciencesUniversity, Namakkal

� Utilization of carcass 1

Shri P.C. Sharma, CBRI, Scientist

� Ferro-cement tanks grain bins 1

Central Council for Research in AyurvedicSciences, New Delhi

� Ayush 64 1

Defence Research and DevelopmentEstablisment, Gwalior

� Test kit for microbiological quality of 1drinking water

Central Mechanical Engineering ResearchInstitute, Durgapur

� Soleckshaw 1


C. EXHIBITIONS/SEMINARS PARTICIPATEDBY THE CORPORATION

� Vigyan Saksharata Utsav 2011, Hissar28-30 April 2011

� Bangalore India Bio, Bengaluru4-6 May 2011

� Innovate India, Guwahati26-27 May, 2011

� Science & Technology Expo-2011, Dharamshala2-4 June 2011

� Life Science Conclave 2011, New Delhi29-30 August 2011

� 3rd International Summit cum Exhibition 2011,New Delhi14 September 2011

� Uttarakhand Science Expo 2011, Dehradun21-23 September 2011

� 3rd Agro Protech 2011, Kolkata3-5 November 2011

� 14th Biennial Conference of Animal Nutrition Societyof India, Pantnagar3-5 November 2011

� Farm Tech 2011, Jaipur11-14 November 2011

� 17th Technology Summit, New Delhi22-23 November 2011

� International Animal Industry Expo, Karnal1-3 December 2011

� Science & Technology Expo-2011, Bhopal11-13 December 2011

� Destination Bihar Expo 2011, Patna12-18 December 2011

� 99th Indian Science Congress, Bhubaneshwar3-7 January 2012

� AROGYA 2012, Jaipur6-9 January 2012

� Vision Rajasthan 2012, Jaipur15-17 January 2012

� Agri Horti Exhibition 2012, Gandhinagar21-23 January 2012

l- dkji®js’ku us Án’kZfu;®a o lax®f"B;ksa esa Hkkxfy;k

� foKku lk{kjrk mRlo 2011] fglkj28&30 vçSy] 2011

� cSaxyksj bafM;k ck;ks] csaxyq#4&6 ebZ 2011

� buksosV bafM;k] xqokgkVh26&27 ebZ 2011

� lkbal ,aM VsDuksykWth ,Dliks 2011] /keZ'kkyk2&4 Tkwu 2011

� ykbQ lkbal dkWUDyso 2011] ubZ fnYyh29&30 vxLr 2011

� rrh; baVjus'kuy lfEeV&de&,Xthfc'ku 2011]ubZ fnYyh14 flRkEcj 2011

� mÙkjk[kaM lkbal ,DLi®&2011] nsgjknwu21&23 flRkEcj 2011

� rrh; ,xzks çksVsd 2011] dksydkrk3&5 uoEcj 2011

� 14oha ckb,sfu;y dkUÝsal vkWQ ,fuey U;wfVª'kulkslkbVh vkWQ bafM;k] iaruxj3&5 uoEcj 2011

� QkeZ Vsd 2011] t;iqj11&14 uoEcj 2011

� 17oka VsDuksykWth lfEeV] ubZ fnYyh22&23 uoEcj 2011

� baVjus'kuy ,fuey baMLVªh ,Dliks] djuky

1&3 fnlEcj 2011

� lkabl ,.M VsDuksykWth ,Dliks 2011] Hkksiky11&13 fnlEcj 2011

� MsLVhus'ku fcgkj ,Dliks 2011] iVuk12&18 fnlEcj 2011

� 99oka bafM;u lkbal dkaxzsl] Hkqcus'koj3&7 tuojh 2012

� vjksX; 2012] t;iqj6&9 tuojh 2012

� fot+u jktLFkku 2012] t;iqj15&17 tuojh 2012

� ,xzh gksVhZ ,Xthfc'ku 2012] xka/khuxj21&23 tuojh 2012

Annexutre-ICvuqyXud&A l


� ,xzks fot+u] ukxiqj27&30 Tkuojh 2012

� vkbZ ,l b vkj , ,e , ,Dl] ubZ fnYyh2&4 Qjojh 2012

� ,Q , ts vkj jhtuy ,Xthfc'ku vkWu buksos'ku ,aMbUosa'ku] rsgjku4&7 Qjojh 2012

� ,u vkbZ , ch vkbZ 2012] ubZ fnYyh6&8 Qjojh 2012

� ck;ks ,f'k;k 2012] gSnjkckn9&11 Qjojh 2011

� lsds aM baVjus'kuy dkUÝs al vkWu ,xzk sdsfedYlçksVsfDVax ØksIl] gsYFk ,aM uspqjy ,aok;jues aV] ubZfnYyh15&18 Qjojh 2012

� QksjVhaFk baVjus'kuy fctusl lfEeV ,aM fjlpZ dkUÝsalvkWQ ,f'k;k vkbZ ,u ch ;w ,l ,p] uks,Mk22&24 Qjojh 2012

� ,Q vkbZ lh lh vkbZ ,e ,l ,e bZ lfEeV&2012] ubZ fnYyh23 Qjojh 2012

� vkbZ vkbZ , ,Dliks 2012] uks,Mk14&16 ekpZ 2012

� fn bafM;k bthfu;fjax lksÉlx 'kks 2012] eqEcbZ22&24 ekpZ 2012

� Agro Vision, Nagpur27-30 January 2012

� ISERAMAX, New Delhi2-4 February 2012

� FAJR Regional Exhibition on Innovation &Inventions, Tehran4-7 February 2012

� NIABI-2012, New Delhi6-8 February 2012

� Bio Asia-2012, Hyderabad9-11 February 2012

� 2nd International Conference on AgrochemicalsProtecting Crops, Health and Natural Environment,New Delhi15-18 February 2012

� 14th International Business Summit and ResearchConference of Asia INBUSH, Noida22-24 February 2012

� FICCI MSME Summit-2012, New Delhi23 February 2012

� IIA Expo-2012, Noida14-16 March 2012

� The India Engineering Sourcing Show 2012, Mumbai22-24 March 2012


Compliance Certificate U/s 383 A (1) of theCompanies Act read with companies (ComplianceCertificate) Rules 2001

To

The Members

National Research Development Corporation20-22, Zamroodpur Community Centre,Kailash Colony Extn., New Delhi-110048.

We have examined the registers, records, booksand papers of National Research DevelopmentCorporation as required to be maintained under theCompanies Act, 1956 and the rules made there underand also the provisions contained in the Memorandumand Articles of Association of the Corporation for thefinancial year ended on 31st March, 2012. In our opinionand to the best of our information and according to theexaminations carried out by us and explanationsfurnished to us by the Corporation, its officers and agents.We certify that in respect of the aforesaid financial year:

1. The Corporation has kept and maintained all registersas stated in Annexure ‘A’ to this certificate, as perthe provisions and the rules made there under andall entries therein have been duly recorded.

2. The Corporation has duly filed the forms and returnsas stated in Annexure ‘B’ to this Certificate withthe Registrar of Companies, on the dates indicatedagainst each form and return.

3. The Corporation, being registered under section 25of the Companies Act, 1956 has the minimumprescribed paid up capital and the Corporation duringthe year under scrutiny:

(i) has not invited public to subscribe for its sharesor debentures; and

(ii) has not invited or accepted any deposits frompublic.

4. The Board of Directors duly met three times on28th September, 2011, 28th September, 2011 and30th January, 2012 in respect of which meetingsproper notices were given and the proceedingswere properly recorded and signed, including thecircular resolutions passed, in the Minutes Bookmaintained for the purpose.

daiuh vf/kfu;e dh /kkjk 383 , ¼1½ ds vaRkxZRk daiuhds lEeq[k ifBRk ¼vuqikyu Áek.k i=½ fu;e 2001

lsok esa]

lnL;x.k

us'kuy fjlpZ fMosyiesaV dkji®js'ku20-22] Tke:niqj lkeqnkf;d dsUæ]dSyk'k dky®uh ,DlVsa'ku] ubZ fnYyh-110048

geus daiuh vf/kfu;e 1956 RkFkk mlesa cuk, x,fu;eksa ds vaRkxZRk us'kuy fjlpZ fMosyiesaV dkji®js'ku dsvisf{kRk jfTkLVjksa] fjdkMZ] [kkRkksa] RkFkk nLRkkosTkksa RkFkk 31ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds fy, dkji®js'ku dhlaLFkk ds varÆu;eksa o Kkiu es lekfo"V Áko/kkuksa dhTkkap dj yh gSA gekjs fopkj esa o gekjh Tkkudkjh dsvuqlkj RkFkk gekjs }kjk fd, x, ijh{k.kksa RkFkk dkji®js'ku]blds vf/kdkfj;ksa RkFkk ,TksaVksa }kjk fn, x, Li"Vhdj.kksadsvk/kkj ij ge Áekf.kRk djR® gSa fd mi;qZDRk foÙkh; o"kZds laca/k esa %

1- dkji®js'ku us Áko/kkuksa o blds vaRkxZRk cuk, x, fu;eksads vuqlkj bl Áek.k i= ds vuqyXud v* esa n'kkZ, x,lHkh jfTkLVjksa dk j[k-j[kko fd;k gS RkFkk buesa dh xbZlHkh Áfof"V;ksa dk fjdkMZ fof/koRk~ j[kk gSA

2- dkji®js'ku us bl Áek.k i= ds vuqyXud ^c* esamfYyf[kRk QkeZ o fjVuZ fof/koRk~ Hkj dj daiuhjfTkLVªkj d® muesa n'kkZ;h xbZ fRkfFk;ksa ij Tkek djknh gSaA

3- daiuh vf/kfu;e 1956 dh /kkjk 25 ds vaRkxZRk iaTkhÑRkg®us ds dkj.k dkji®js'ku ds ikl U;wuRke fu/kkZfjRkÁnÙk iwaTkh gS RkFkk o"kZ esa Tkkap ds n©jku dkji®js'kuus %

¼i½ Tku lk/kkj.k d® blds '®;j ;k fMcsapj [kjhnus dsfy, vkeaf=Rk ugha fd;k gS RkFkk

¼ii½ Tku lk/kkj.k ls fdlh Hkh Ádkj dk fu{®i LohÑRk;k vkeaf=Rk ugha fd;k x;k gSA

4- funs'kd eaMy dh cSBd ;Fk®fpRk le; ij rhu ckj28 flrEcj] 2011] 28 flrEcj] 2011 RkFkk 30 tuojh]2012 dks dh xbZ vkSj buds fy, mfpr lwpuk Hkh nhxbZ Fkh rFkk mÌs'; ds fy, fu/kkZfjr dk;Zo`r iqfLrdkesa cSBdksa dh dk;Zokfg;ksa d® mfpr çdkj ls fjdkMZrFkk gLRkk{kj fd;k x;k vkSj lkFk gh ifji= ladYiHkh ikfjr fd;k x;kA

Annexutre-IIvuqyXud&A


5- dkji®js'ku us 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ dsn©jku lnL;ksa dk jfTkLVj cUn dj fn;k RkFkk bllaca/k esa daiuh vf/kfu;e 1956 dh /kkjk 154 ds Ákoèkkuksao laLFkk ds varÆu;eksa dk vuqikyu fd;kA

6- 31 ekpZ] 2011 d® lekIRk foÙkh; o"kZ esa dkji®js'kudh okf"kZd lkekU; cSBd fnukad 1 fnlEcj] 2011 d®dkji®js'ku ds lnL;ksa d® lwfpRk djus ds mijkaRkvk;®fTkRk dh xbZ RkFkk ikfjRk fd, x, ladYiksa dkfjdkMZ Á;®Tku gsRkq lai®f"kRk dh xbZ dk;Zo`Rk iqfLRkdkesa j[kk x;kA

7- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ esa d®bZ vfRk fo'ks"kcSBd vk;®fTkRk ugha dh xbZA

8- dkji®js'ku us vf/kfu;e dh /kkjk 295 esa mfYyf[kRkfdlh Hkh funs'kd ;k QeZ ;k daiuh d® d®bZ Hkh _.kvfxze :i esa Ánku ugha fd;k gSA

9- dkji®js'ku us vf/kfu;e dh /kkjk 297 ds nk;js esavkus okyk fdlh Hkh Ádkj dk vuqca/k ugha fd;k gSA

10- vf/kfu;e dh /kkjk 301 ds vaRkxZRk j[® Tkkus okys jfTkLVjesa dkji®js'ku d® d®bZ Hkh Áfof"V djus dh vko';dRkkugha FkhA

11- vf/kfu;e dh /kkjk 314 ds vaRkxZRk dksbZ ekeyk u g®usds dkj.k dkji®js'ku d® funs'kd eaMy ;k dsUnz ljdkjls fdlh Hkh Ádkj ds vuqe®nu ÁkIRk djus dh vko';Rkkugha FkhA

12- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku dkji®js'kuus Áek.k i= dh d®bZ Hkh vuqfyfi Tkkjh ugha dh gSA

13- dkji®js'ku us %

(i) vf/kfu;e ds Áko/kkuksa ds vuqlkj [email protected];k fdlh vU; mÌs'; ds fy, ÁfRkHkwfRk;ksa ds vkcaVuRkFkk mlds vk/kkj ij lHkh Áek.k i= Ásf"kRk djfn, F®A

(ii) dkji®js'ku us iFkd cSad [kkR® esa d®bZ Hkh jkf'k Tkekugha dh gS D;ksafd daiuh vf/kfu;e 1956 dh /kkjk 25ds vaRkxZRk iaTkhÑRk g®us ds dkj.k dkji®js'ku ds fdlhHkh Ádkj ds ykHkka'k dh ?k®"k.kk djus ij j®d gSA

(iii) dkji®js'ku us fdlh Hkh lnL; d® d®bZ Hkhvf/ki= ugha HksTkk gS D;ksafd daiuh vf/kfu;e 1956dh /kkjk 25 ds vaRkxZRk iaTkhÑRk g®us ds dkj.kdkji®js'ku ds fdlh Hkh Ádkj ds ykHkka'k dh ?k®"k.kkdjus ij j®d gSA

5. The Corporation closed its Register of Membersduring the financial year ended on 31st March, 2012and complied with the provisions of section 154 ofthe Companies Act, 1956 and its Articles ofAssociation in this regard.

6. The Annual General Meeting for the financial yearended on 31st March, 2011 was held on1st December, 2011 after giving due notice to themembers of the Corporation and the resolutionspassed thereat were duly recorded in Minutes Bookmaintained for the purpose.

7. No extra ordinary meeting was held during thefinancial year ended on 31st March, 2012.

8. The Corporation has not advanced any loans to itsdirectors or firms or companies referred to u/s 295of the Act.

9. The Corporation has not entered into any contractfalling within the purview of section 297 of the Act.

10. The Corporation was not required to make anyentries in the register maintained under section 301of the Act.

11. As there were no instances falling within the purviewof Section 314 of the Act, the Corporation had noneed to obtain any approvals from the Board ofDirectors, Members or Central Government.

12. The Corporation has not issued any duplicatecertificates during the financial year ended on 31st

March, 2012.

13. The Corporation has:

i) Delivered all the certificates on allotment ofsecurities and on lodgement thereof for transfer/transmission or any other purpose in accordancewith the provisions of the Act.

ii) The Corporation has not deposited any amountin a separate bank account as the Corporationis prohibited to declare any dividend beingregistered under section 25 of the CompaniesAct, 1956.

iii) The Corporation has not posted warrants to anymember of the Corporation as the Corporationis prohibited to declare any dividend beingregistered under section 25 of the CompaniesAct, 1956.


(iv) dkji®js'ku us okil djus ds fy,] ifjiDo g®pqdh Tkek jkf'k] ifjiDo g® pqds fMcsapj RkFkk muij mikfTkZRk C;kTk ds fy, bLR®eky dh Tkkus okyhèkujkf'k esa ls cdk;k ;k ns; u g®us ds dkj.k dqNHkh ,slh jkf'k dk vaRkj.k ugha fd;k gS Tk® fd lkRko"k®± Rkd fuos'kd f'k{kk RkFkk laj{k.k QaM esa fcuknkos dh ;k pqdkbZ ugha xbZ jkf'k ds :i esa iM+h gSA

(v) vf/kfu;e dh /kkjk 217 dh vis{kkvksa ds vuq:ifof/koRk~ vuqikyu fd;k gSA

14- dkji®js'ku dk funs'kd eaMy fof/koRk~ xfBRk gSA vkdfLedfjfDRk;ksa d® Hkjus ds fy, vfRkfjDRk funs'kdksa] oSdfYidfuns'kdksa RkFkk funs'kdksa dh fu;qfDRk daiuh vf/kfu;e1956 ds Áko/kkuksa ds vuqikyu esa foÙkh; o"kZ ds n©jku djyh xbZ FkhA

15- foÙkh; o"kZ ds n©jku dkji®js'ku }kjk Áca/k funs'[email protected] funs'kd@Áca/kd dh fu;qfDRk daiuhvf/kfu;e 1956 ds Áko/kkuksa ds vuqlkj gSaA

16- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku daiuhus fdlh Hkh ,dek= foØ; ,TksaV dh fu;qfDRk ugha dhgSA

17- dkji®js'ku us okÆ"kd lkekU; cSBd dk le; c<+kus dsfy, vkosnu fd;k FkkA ,e lh ,@vkj vks lh }kjkdkjiksjs'ku dks ;g okÆ"kd lkekU; cSBd djus ds fy,29 fnlEcj] 2011 rd dk vuqeksnu çkIr gqvk gSA

18- vf/kfu;e ds Áko/kkuksa v©j muds vaRkxZRk cuk, x, fu;eksads vuqlj.k esa funs'kd eaMy ds le{k vU; QeZ@daifu;ksaesa viuh #fp dk vÁdVu funs'kdksa ds fy, vko';d ughaFkkA

19- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku dkji®js'kuus d®bZ Hkh '®;j@fMcsapj@vU; ÁfRkHkwfRk Tkkjh ughadh gSA

20- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku dkji®js'kuus d®bZ Hkh '®;j okil ugha [kjhnsA

21- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku ojh;Rkkokys '®;jksa ij d®bZ iquykZHk ugha gqvkA

22- dkji®js'ku ds fy, mi;qDRk ykHkka'k] '®;j RkFkk yfEcRkc®ul '®;j v©j '®;j vaRkj.k dk iaTkhdj.k ds vkLFkxudh dkjZokbZ visf{kRk ugha FkhA

iv) The Corporation has not transferred anyamounts of application money due for refund,matured deposits, matured debentures and theinterest accrued thereon which have remainedunclaimed or unpaid for a period of seven yearsto Investor Education and Protection Fund asthere are no such amounts due or payable.

v) Duly complied with the requirements of section217 of the Act.

14. The Board of Directors of the Corporation is dulyconstituted. The appointment of additional directors,alternate directors and directors to fill casual vacancymade during the financial year is in compliance withthe provisions of the Companies Act, 1956.

15. The appointments made by the Corporation asmanaging director/whole time director/managerduring the financial year are in compliance with theprovisions of the Companies Act, 1956.

16. The company has not appointed any sole–sellingagents during the financial year ended on 31st March,2012.

17. The Corporation had applied for extension of timefor holding AGM and got approval for holdingthe AGM upto 29

th December 2011 from MCA/

ROC.

18. The directors are not required to disclose their interestin other firms/companies to the Board of Directorspursuant to the provisions of the Act and the rulesmade thereunder.

19. The Corporation has not issued any shares/debentures/other securities during the financial yearended on 31st March, 2012.

20. The Corporation has not bought back any sharesduring the financial year ended on 31st March, 2012.

21. There was no redemption of preference shares ordebentures during the financial year ended on 31st

March, 2012.

22. There were no transactions necessitating theCorporation to keep in abeyance rights to dividends,rights shares and bonus shares pending registrationof transfer of shares.


23. The Corporation has not invited/accepted any depositincluding any unsecured loans falling within thepurview of Section 58A during the financial yearended on 31st March, 2012.

24. The Corporation has not made any borrowing duringthe financial year ended on 31st March, 2012.

25. The Corporation has not made any loans or advancesor given guarantees or provided securities to otherbodies corporate and consequently no entries havebeen made in the register kept for the purpose.

26. The Corporation has not altered the provisions ofthe memorandum with respect to situation of thecompany’s registered office from one state toanother during the year under scrutiny.

27. The Corporation has not altered the provisions ofthe memorandum with respect to the objects of thecompany during the year under scrutiny.

28. The Corporation has not altered the provisions ofthe memorandum with respect to name of thecompany during the year under scrutiny.

29. The Corporation has not altered the provisions ofthe memorandum with respect to share capital ofthe company during the year under scrutiny.

30. The Corporation has altered its articles of associationduring the financial year ended on 31st March, 2012and complied with the provisions of the Act.

31. There was no prosecution initiated against or showcause notices received by the Corporation, duringthe financial year, for offences under the Act.

32. The Corporation has not received any money assecurity from its employees during the financial yearended on 31st March, 2012.

33. The Corporation has deposited the amount ofprovident fund deducted towards contribution ofProvident Fund during the financial year ended on31st March, 2012 with the prescribed authoritywithin the stipulated time as per the provisions ofthe Provident Fund Act and rules made there under.

(Ashwini K. Kohli)Ashwini Kohli & Associates

Company Secretaries C.P. No. 3435

Place: New DelhiDate: 31.07.2012

23- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku /kkjk58 v ds vaRkxZRk dkji®js'ku us vlqjf{kRk _.k dslkFk&lkFk fdlh Hkh Ádkj ds fu{®i d® vkeaf=Rk@LohÑRk ugha fd;k gSA

24- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku dkji®js'kuus fdlh Hkh Ádkj dk m/kkj ugha fd;k gSA

25- dkji®js'ku us vU; uSxfed laLFkkvksa d® fdlh Hkh Ádkjdk _.k ;k vfxze ;k xkjaVh ugha nh gS ;k ÁfRkHkwfRk;kamiyC/k ugha djkbZ gSa RkFkk QyLo:i bl mÌs'; ds fy,j[® x, jfTkLVj esa d®bZ Áfof"V ugha dh gSA

26- o"kZ ds n©jku dh xbZ leh{kk ds vaRkxZRk dkji®js'ku us,d jkT; ls nwljs jkT; eas daiuh ds iaTkhÑRk dk;kZy;dh fLFkfRk ds lanHkZ esa Kkiu ds Áko/kkuksa esa fdlh HkhÁdkj dk ifjoRkZu ugha fd;k gSA

27- o"kZ ds n©jku dh xbZ leh{kk ds vaRkxZRk dkji®js'ku usdaiuh ds mÌs';ksa esa fdlh Hkh Ádkj dk ifjoRkZu ughafd;k gSA

28- o"kZ ds n©jku dh xbZ leh{kk ds vaRkxZRk dkji®js'ku usdaiuh ds uke ds laca/k esa Kkiu ds çko/kkuksa fdlh HkhÁdkj dk ifjoRkZu ugha fd;k gSA

29- o"kZ ds n©jku dh xbZ leh{kk ds vaRkxZRk dkji®js'ku usdaiuh dh '®;j iwaTkh esa fdlh Hkh Ádkj ds ifjoRkZu dslaca/k esa Kkiu ds çko/kkuksa esa dksbZ cnyko ugha fd;k gSA

30- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku dkji®js'kuus laLFkk ds vaRkfuZ;eksa esa ifjorZu fd;k rFkk vf/kfu;e dsçko/kkuksa dk ikyu fd;k gSA

31- vf/kfu;e ds vaRkxZRk vijk/kksa ds fy, foÙkh; o"kZ ds n©jkudkji®js'ku ds fo:) d®bZ vfHk;®Tku ;k dkj.k cRkkv®u®fVl ÁkIRk ugha gqvk gSA

32- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku dkji®js'kud® vius dkfeZdksa ls ÁfRkHkwfRk ds :i esa d®bZ /ku ÁkIRkugha gqvk gSA

33- 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ ds n©jku dkji®js'kuus Hkfo"; fuf/k va'knku gsRkq dV©Rkh dh xbZ Hkfo";fuf/k dh jkf'k d® fu/kkZfjRk Ákf/kdkj ls fu;Rk le; esaHkfo"; fuf/k vf/kfu;e ds Áko/kkuksa ,oa mlds vaRkxZRkcuk, x, fu;eksa ds vuqlkj Tkek djk fn;k gSA

¼vf'ouh ds- d®gyh½vf'ouh d®gyh ,oa vl®fl,V~l

daiuh lfpolh-ih- la[;k 3435

LFkku % ubZ fnYyhfnukad % 31-07-2012


ANNEXURE-A

Registers as maintained by the National ResearchDevelopment Corporation

Sl. No. Particulars of Register Section

1. Register of Members U/s 151

2. Register of Share Transfer U/s 108

3. Agenda & Minutes Book U/s 193

4. Attendance Register ofDirectors & Shareholders

5. Register of Fixed Assets Schedule VI

6. Register of Documents onwhich Common Seal is affixed

ANNEXURE-B

Forms and Returns as filed by the Corporation with theRegistrar of Companies, during the financial year ended on31st March, 2012

Sl. Form No./ Section Subject Filed onNo. Schedule No.

1. Form 32 303(2) Changes among 11.12.2011Directors

2. Form 32 302(2) Changes among 12.12.2011Directors

3. Form 61 166, 220 Extension of 28.09.2011time for AGM

4. Form 20B 159 Annual Return 15.01.2012for the yearended 31.03.2011

5. Form 66 383(1A) Compliance 15.01.2012Certificate 2011

6. Form 23 AC & 220 Balance Sheet & 15.01.2012

23 ACA Profit & Loss

Account for theyear ended

31.03.2011

(Ashwini K. Kohli)Ashwini Kohli & Associates

Company Secretaries

Place: New Delhi C.P. No. 3435

Date: 31.07.2012

vuqyXud&v

us’kuy fjlpZ fMosyiesaV dkji®js’ku }kjk j[® x,jfTkLVjØe la jfTkLVj dk fooj.k /kkjk

1- lnL;ksa dk jfTkLVj /kkjk 151 ds vaRkxZRk

2- '®;j vaRkj.k dk jfTkLVj /kkjk 108 ds vaRkxZRk

3- dk;Zlwph o dk;ZoRk iqfLRkdk /kkjk 193 ds vaRkxZRk

4- funs'kdksa o '®;j/kkjdksa dh

mifLFkfRk dk jfTkLVj

5- LFkkbZ ifjlaifÙk;ksa dk jfTkLVj vuqlwph VI

6- lk/kkj.k eqgj yxk, x, Ái=ksa

dk jfTkLVj

vuqyXud&c

dkji®js'ku }kjk 31 ekpZ] 2012 d® lekIRk foÙkh; o"kZ dsn©jku daiuh jfTkLVªkj d® Tkek fd, x, Q‚eZ o fjVuZ

Ø- Q‚eZ la-@ /kkjk fo"k; Tkek fd;kla- vuqlwph la-

1- QkeZ 32 302¼2½ funs'kdksa lacaf/kr ifjorZu 11-12-2011

2- QkeZ 32 302¼2½ funs'kdksa lacaf/kr ifjorZu 12-12-2011

3- QkeZ 61 166] 220 , th ,e ds le; esa 28-09-2011o`f)

4- QkeZ 20 ch 159 31-03-2011 dks 15-01-2012lekIr o"kZ ds fy,okÆ"kd fooj.kh

5- QkeZ 66 383¼1,½ vuqikyu Áek.ki= 2011 15-01-2012

6- QkeZ 23 , lh 220 31-03-2011 d® 15-01-201223 , lh , lekIRk o"kZ ds fy,

eaMy dh okf"kZd fji®VZ]Rkqyu i= v©j ykHk ogkfu dk ys[kk

¼vf'ouh ds- d®gyh½vf'ouh d®gyh ,oa vl®fl,V~l

daiuh lfpoLFkku % ubZ fnYyh lh-ih- la[;k 3435fnukad % 31-07-2012

ys[kkACCOUNTS


31 ekpZ] 2012 dks FkkAs at 31st March, 2012

` ` ` `

fooj.k uksV ekpZ 31, 2012 ekpZ 31, 2011Particulars Note March 31, 2012 March 31, 2011

lkE;rk vkSj nkf;RoEQUITY AND LIABILITIES

'ks;j/kkfj;ksa dh fuf/k;kaShareholders' Funds

'ks;j iwathShare Capital 3 4,41,81,000 4,41,81,000

vkjf{kr rFkk vf/k'ks"kReserves and Surplus 4 4,34,26,944 4,92,51,617

8,76,07,944 9,34,32,617

vçpfyr nkf;RoNon-Current Liabilities

vU; nh?kZ&dkfyd nkf;Ro&xSj O;kikjOther Long-Term Liabilities–Non Trade 5 76,19,305 75,76,718

nh?kZ&dkfyd çkoèkkuLong-Term Provisions 6 1,51,71,636 1,29,00,802

2,27,90,941 2,04,77,520

orZeku nkf;RoCurrent Liabilitiesns; O;kikjTrade Payables 7 14,79,70,350 14,30,97,802

orZeku nkf;Ro&xSj O;kikjCurrent Liabilities–Non Trade 5 — 4,268

vU; orZeku nkf;RoOther Current Liabilities 8 4,81,76,644 3,67,75,819

vYi&dkfyd çko/kkuShort-Term Provisions 6 1,51,41,515 31,99,666

21,12,88,509 18,30,77,555

;ksxTotal 32,16,87,394 29,69,87,692

ifjlaifÙk;kaASSETS

vçpfyr ifjlaifÙk;kaNon-Current Assets

LFkkbZ ifjlaifÙk;ka

Fixed Assets 9

ewrZ ifjlaifÙk;kaTangible Assets 75,63,485 85,53,646

vewrZ ifjlaifÙk;kaIntangible Assets 20 75,63,505 1,270 85,54,916

Balance Sheetrqyu i=


` ` ` `

fooj.k uksV ekpZ 31, 2012 ekpZ 31, 2011Particulars Note March 31, 2012 March 31, 2011

vçpfyr fuos'kNon-Current Investments 10 12,333 12,333

vkLFkfxr dj ifjlaifÙk;ka ¼fuoy½Deferred Tax Assets (Net) 11 84,18,705 57,88,580

nh?kZ&dkfyd _.k vkSj vfxzeLong-Term Loans & Advances 12 51,57,420 61,07,845

vU; vçpfyr ifjlaifÙk;kaOther Non-Current Assets 13 1,044 28,69,978

1,35,89,502 1,47,78,736

orZeku ifjlaifÙk;kaCURRENT ASSETS

eky lwfp;kaInventories 14 — 1,22,233

O;kikj ls çkI;Trade Receivables 15 11,58,34,677 10,35,79,457

udn o cSad 'ks"kCash and Bank Balances 1 6 16,02,22,176 15,08,01,492

_.k rFkk vfxze jkf'k;kaLoans and Advances 1 2 1,39,18,127 1,80,06,900

vU; orZeku ifjlaifÙk;kaOther Current Assets 13 1,05,59,407 11,43,958

30,05,34,387 27,36,54,040

;ksx

Total 32,16,87,394 29,69,87,692

egRoiw.kZ ys[kk uhfr;kaSignificant Accounting Policies 2

fVIif.k;ka bu foÙkh; fooj.kksa dk gh vfuok;Z vax gSAThe Notes are an integral part of these financial statements

bl rqyu&i= dk mYys[k gekjh blh frfFk dh fjiksVZ esa fd;k x;k gSSAThis is the Balance Sheet referred to in our report of even date.

Ñrs ,oe~ fufeÙk, ih vkj , ,.M vlksfl,V~llunh ys[kkikyiathÑr la[;k 011078 ,uFor and on behalf ofAPRA & AssociatesChartered AccountantsRegistration No. 011078 N

¼v'kksd xqIrk½Hkkxhnkj(Ashok Gupta)Partner

lnL;rk la-@Membership No. 085683

LFkku % ubZ fnYyhPlace : New Delhi

fnukad % 8 vxLr] 2012Date : 8th August, 2012

Ñrs ,oe~ fufeÙk funs'kd eaMyFor and on behalf of the Board of Directors

¼MkW- jhrk dqekj½ ¼v'ouh xqIrk½v/;{k ,oa izca/k funs'kd funs'kd

(Dr. Rita Kumar) (Ashwani Gupta)Chairman & Managing Director Director

¼eqdaqn esgrk½ ¼,u-ds- mik/;k;½çHkkjh daiuh dk;Z çHkkjh foÙk(Mukund Mehta) (N.K. Upadhyay)

Incharge Company Affairs Incharge Finance


Statement of Profit and LossykHk vkSj gkfu dk fooj.k

31 ekpZ] 2012 dks lekIr gksus okys o"kZ ds fy,For the year ended 31st March, 2012

fooj.k uksV ` `

Particulars Note 2011-12 2010-11

vk;INCOME

çpkyu ls jktLo ¼ldy½Revenue from operations (Gross) 17 8,13,61,136 8,15,70,388

vU; vk;Other Income 1 8 2,59,71,345 1,43,76,372

dqy jktLoTotal Revenue 10,73,32,481 9,59,46,760

O;;EXPENSES

izhfe;e vkSj jkW;YVh esa vuqla/kkulaLFkkuksa dk fgLlkResearch Institutions Share inPremia and Royalty 19 4,13,02,244 5,75,34,449

izhfe;e jkW;YVh çR;Æir@lek;ksftrPremia Royalty Refund/Adjusted 14,000 —

Ø;Purchases — 6,13,915

deZpkfj;ksa dk osru o lqfo/kk,aEmployees Salary & Benefits 2 0 4,77,35,873 3,56,20,416

v/;{k o izca/k funs'kd dk ikfjJfed vkSjlqfo/kk,a rFkk xSj ljdkjh funs'kdksa dk;k=k HkÙkk@nSfud HkÙkkChairman & Managing Director'sRemuneration &Benefits and TA/DA ofNon-official Directors 2 1 13,34,444 22,90,852

cês [kkrs esa Mkyh xbZ jkf'k rFkk ijke'khZ@ifj;kstuk O;; lfgr vU; O;;Other Expenses including Consultancy/ProjectExpenses and Amount written off 2 2 2,43,30,015 1,45,39,970


fooj.k uksV ` `

Particulars Note 2011-12 2010-11

ys[kk ijh{kdksa dk ikfjJfedAuditor's Remuneration 23 87,080 55,978

fuEufyf[kr ij ewY;gzkl %Depreciation on :LFkkbZ ifjlaifÙk;kaFixed Assets 9 9,83,623 11,15,009

dqy O;;Total Expenses 11,57,87,279 11,17,70,589

ykHk@¼gkfu½ dj iwoZPROFIT/(LOSS) BEFORE TAX (84,54,798) (1,58,23,829)

dj O;;Tax Expenses

vkLFkfxr djDeferred Tax (26,30,125) (54,43,041)

çnÙk vk; dj@¼iwoZ ds o"kZ ds fy, okilh dk vf/kd izko/kku½Income Tax Paid/(Excess Provision for earlier year written back) — 2,234

(26,30,125) (54,40,807)

ykHk@¼gkfu½ o"kZ ds fy,PROFIT/(LOSS) FOR THE YEAR (58,24,673) (1,03,83,022)

vk; çfr bfDoVh 'ks;j %Earnings per Equity Share :

ewy ruwÑrBasic & Diluted (131.84) (235.01)

egRoiw.kZ ys[kk uhfr;kaSignificant Accounting Policies 2

fVIif.k;ka bu foÙkh; fooj.kksa dk gh vfuok;Z vax gSAThe Notes are an integral part of these financial statements

bl ykHk o gkfu ys[kk dk mYys[k gekjh blh frfFk dh fjiksVZ esa fd;k x;k gSSAThis is the statement of Profit & Loss referred to in our report of even date.

Ñrs ,oe~ fufeÙk, ih vkj , ,.M vlksfl,V~llunh ys[kkikyiathÑr la[;k 011078 ,uFor and on behalf ofAPRA & AssociatesChartered AccountantsRegistration No. 011078 N

¼v'kksd xqIrk½Hkkxhnkj(Ashok Gupta)Partner

lnL;rk la-@Membership No. 085683

LFkku % ubZ fnYyhPlace : New Delhi

fnukad % 8 vxLr] 2012Date : 8th August, 2012

Ñrs ,oe~ fufeÙk funs'kd eaMyFor and on behalf of the Board of Directors

¼MkW- jhrk dqekj½ ¼v'ouh xqIrk½v/;{k ,oa izca/k funs'kd funs'kd

(Dr. Rita Kumar) (Ashwani Gupta)Chairman & Managing Director Director

¼eqdaqn esgrk½ ¼,u-ds- mik/;k;½çHkkjh daiuh dk;Z çHkkjh foÙk(Mukund Mehta) (N.K. Upadhyay)

Incharge Company Affairs Incharge Finance


foÙkh; o"kZ 2011&12 ds fy, okÆ"kd ys[kk

uksV la- 1

;g dkjiksjs'ku /kkjk 25 ds vUrxZr vkus okyh daiuh gS vkSj

ç/kkur% çkS|ksfxfd;ksa ds fodkl] lao/kZu vkSj okf.kfT;dj.k ds dk;Z

esa O;Lr gSA dkjiksjs'ku çkS|ksfxdh lalk/ku HkaMkj dks çcy cukus

ds fy, vuqla/kku ,oe~ fodkl laLFkkuksa] fo'ofo|ky;kas] rduhdh

laxBuksa] m|eksa rFkk Lora= fuos'kdksa ds lkFk nh?kZdkyhu laca/kksa dks

etcwr djrh gSA dkjiksjs'ku dks vkfo"dkj lao/kZu dk;ZØe rFkk

çkS|ksfxdh lao/kZu dk;ZØe tSlh xfrfof/k;ksa ds fy, Hkkjr ljdkj

ls okÆ"kd vuqnku Hkh çkIr gksrk gSA

uksV la- 2

egRoiw.kZ ys[kk uhfRk;ka

1- ys[kk vuqeku

;g ys[kk fooj.k Tkc Rkd vU; Ádkj ls Li"V u fd;k

Tkk, ,sfRkgkfld ykxRk ijaijk ds vaRkxZRk ekU;Rkk ÁkIRk vkxe

RkFkk mRifÙk ds vkèkkj ij vkads x, O;;ksa ds vaRkxZRk ykxw ys[kk

ekudksa v©j daiuh vfèkfu;e] 1956 dh lac) ÁLRkqfRkTkU;

vko';dRkkvksa ds vuqlkj R©;kj fd, x, gSaA

2- LohÑr jktLo

(i) Áhfe;e

Áhfe;e vk; d® udn vkèkkj ij vkadk x;k gSA

(ii) j‚;YVh

d½ j‚;YVh vk; d® 15 twu] 2012 rd mip; vkèkkj ijvuqKfIRkèkkfj;ksa ls ÁkIRk ys[kk ijhf{kRk@xSj ys[kk ijhf{kRk j‚;YVhfjVu®Za vkadk x;k gSA

[k½ ,sls vuqKfIRkèkkfj;ksa ds fy, d®bZ j‚;YVh vk; cqd ugÈ dh xbZgS Tk® j‚;YVh fjVuZ ;k Rk® blfy, Tkek ugÈ djok jgs gSaD;ksafd mUgksaus mRiknu vkjaHk ugÈ fd;k gS vFkok mRiknuvkjaHk Rk® dj fn;k gS ÇdRkq os dkji®js'ku ds ikl j‚;YVh fjVuZtek ugÈ djok jgs gSa rFkk@;k dqN ekeyksa esa dkji®js'ku usdkuwuh dk;Zokgh djus dk fopkj fd;k gS ,sls ekeyksa esaj‚;YVh d® lwpuk@vafre fuiVku ds o"kZ ds fy, cqd djfy;k x;k gSA

(iii) ÁdVu 'kqYd çhfe;k vk; ds vèkhu ÁdVu 'kqYd udn vkèkkj ij vkadk

x;k gSA

(iv) C;kTkfoyafcRk j‚;YVh HkqxRkku ij C;kTk udn vkèkkj ij vkadk Tkkjgk gSA fodkl _.k ds C;kTk d® mip; vkèkkj ij vkadk x;k

ANNUAL ACCOUNTS FOR THE FINANCIALYEAR 2011-12

Note No. 1

The Corporation is a section 25 company and primarilyinvolved in development, promotion and commercializationof technologies. The Corporation is strengthening thetechnology resource base by nurturing long-term relationshipwith R&D institutions as well as universities, technicalorganizations, industries, as well as individual investors. TheCorporation is also getting annual grants from Government ofIndia for the activities of Invention Promotion Programme andTechnology Promotion Programme.

Note No. 2

SIGNIFICANT ACCOUNTING POLICIES

1. Accounting Assumptions

These accounts have been prepared under the HistoricalCost Convention on the basis of going concern, with revenuerecognized and the expenses accounted on their accrual, inaccordance with the applicable Accounting Standards andrelevant presentational requirements of the Companies Act,1956 unless otherwise stated.

2. Revenue Recognition

(i) Premia

Premia income has been accounted for on cash basis.

(ii) Royalty

a) Royalty income has been accounted for on accrual basisbased on audited/unaudited royalty return statements/intimation received from the licensees upto 15th June2012.

b) No royalty income is booked in respect of thoselicensees who are not submitting the royalty returnseither because they have not gone into productionand/or although they have gone into production, theyare not filing the royalty returns with the Corporationand/or against whom the Corporation has preferred legalsuits. In such cases royalty has been booked andaccounted for in the year of intimation/final settlementof case.

(iii) Disclosure Fee

Disclosure fee has been accounted for on cash basisunder premia income.

(iv) Interest

Interest on delayed payment of royalty is beingaccounted for on cash basis. Interest on development


loan is being accounted for on accrual basis. However,in case of default in payment of loan installments and/orin case a legal case is filed against the party for recoveryof development loan/interest, the Corporation stopsproviding interest on accrual basis.However as a result of/or during the legal proceedings,the party starts making payment of royalty/repaymentof loan/interest or provides reasonable assurance thatthe dues would be cleared, the Corporation takes intoaccount the past interest due as per the terms of theagreement/settlement.

(v) Subscription for Magazines

Subscription income in Invention Promotion Programmehas been accounted for on cash basis.

3. Fixed Assets

Fixed Assets are valued at cost less depreciation. Fromthe financial year 2000-2001 fixed assets acquired out of grantsare charged against the grants and shown separately as FixedAssets at a nominal/notional value of ` 1 per item.

Leasehold land is amortized over the period of lease of99 years.

4. Depreciation

Depreciation has been charged on fixed assets onstraight-line basis from the month of addition & to the monthof sale at the rates specified in Schedule XIV of theCompanies Act, 1956. 100% depreciation has been chargedon assets valued up to ` 5,000 per item. No depreciation isprovided on fixed assets purchased out of and charged togrants.

Intangible Assests

The company is amortizing computer softwareproportionately in four years.

5. Prior Period Adjustments Extra ordinary Items and

Changes in Accounting Policies

Prior period adjustments, extra ordinary items andchanges in accounting policies having material impact onfinancial affairs of the Corporation are disclosed by way ofNotes to the Accounts.

6. Sundry Debtors and Provision for Doubtful Debts

a) The debtors of accounts are updated on the basis ofRoyalty returns/information received from thelicensees.

b) Sundry Debtors and Development Loans, which areconsidered good and are being pursued for recoveryby legal action or otherwise by the management arenot provided for, even though the same may be timebarred as per law.

gSA RkFkkfi _.k dh fd'Rkksa ds HkqxRkku esa d®bZ pwd g® v©jvFkok ;fn fodkl _.k C;kTk dh ÁkfIRk gsRkq ikVhZ ds fo:)d®bZ dkuwuh ekeyk nTkZ fd;k TkkRkk gS Rk® dkji®js'ku mip;vkèkkj ij C;kTk nsuk can dj nsRkk gSA

RkFkkfi ifj.kkeLo:i dkuwuh dk;Zokgh ds n©jku ikVhZ _.k@C;kTkdk iquHkZqxRkku@j‚;YVh dk HkqxRkku vkjaHk dj nsRkh gS RkFkk ;gfo'okl fnyk;k TkkRkk gS fd cdk;k dk HkqxRkku dj fn;k Tkk,xk]Rkc dkji®js'ku vuqcaèk@O;oLFkk ds fu;e®a ds vuqlkj fiNyscdk;k C;kTk dk Hkh vkdyu djRkk gSA

(v) if=dkvksa ds fy, 'kqYd

vkfo"dkj laoèkZu dk;ZØe esa 'kqYd vk; udn vkèkkj ij vkadh

xbZ gSA

3- LFkkbZ ifjlaifÙk;ka

LFkkbZ ifjlaifÙk;®a d® ykxRk jfgRk ewY;gzkl ij vkadk x;k gSAfoÙkh; o"kZ 2000-2001 ds vkjaHk ls vuqnku®a ls ÁkIRk dh xbZ LFkkbZifjlaifÙk;®a d® vuqnku®a ds le{k O;DRk fd;k x;k gS RkFkk 1 ÁfRken ds uke ek= ds ewY; ij LFkkbZ ifjlaifÙk;®a ds :i esa vyxls fn[kk;k x;k gSA

99 o"k®± dh iÍkofèk ds i'pkRk~ iÍHkwfe ifj'k®fèkRk ekuhTkk,xhA

4- ewY;gzkl

ewY;gzkl d® daiuh vfèkfu;e] 1956 dh vuqlwph-14 esa Li"Vdh xbZ nj®a ij ljy ys[kk vkèkkj ¼LVªsV ykbu csfll½ ij LFkkbZifjlaifÙk;®a ds vkèkkj ij vkadk x;k gSA foÙkh; o"kZ ls bu ys[k®adh ÁkfIRk Rkd 5000 ÁfRk en ewY; dh ifjlaifÙk;®a ij 100 ÁfRk'kRkewY;gzkl yxk;k x;k gSA vuqnku ls [kjhnh xbZ LFkkbZ ifjlaifÙk;®aij f?klkoV-ewY; Ánku ugha fd;k x;k gSA

vewrZ ifjlaifÙk;kadaiuh daI;wVj lkW¶Vos;j dk ifj'kks/ku pkj o"kks± ds varjky esa

dj jgh gSA

5- ys[kk uhfr;kas esa iwokZofèk lek;®Tku] fo'ks"k ensarFkk ifjorZu

ys[kk uhfr;ksa esa iwokZofèk lek;kstu] vfr lkekU; enksa dkdkjiksjs'ku ds foÙkh; ekeyksa ij iM+us okys egRoiw.kZ çHkko dksys[kk fVIif.k;ksa ds ekè;e ls Li"V fd;k x;k gSA

6- fofoèk _.knkRkk RkFkk lafnXèk _.kksa ds fy, O;oLFkk

v½ _.knkRkkv®a ds ys[® vuqKfIRkèkkjdksa ls ÁkIRk lwpuk@j‚;YVh fjVZuksa ds vkèkkj ij v|Rku fd, TkkR® gSaA

c½ fofoèk _.knkRkkv®a RkFkk vPNs le>s x, fodkl _.k®a]fTkUgsa ÁkIRk djus ds fy, Ácaèku }kjk dkuwuh dk;Zokgh dkvFkok vU; Rkjhdk viuk;k Tkk jgk gS] dh O;oLFkk ughadh xbZ gSA ;|fi bls dkuwu }kjk le;ckfèkr fd;k TkkldRkk gSA


7. Investments

a) Investments of the Corporation being long term arestated at cost unless there is permanent diminutionin value.

b) Trade Investments (Equity Participation) in LicenseeCompanies, which are considered bad & doubtfulare provided for in Books of Accounts.

c) The investment made out of the grants are chargedagainst the said grants and shown separately as'Investment' at a notional value of 1 under Scheduleof Investments.

8. Foreign Currency Transactions

Transactions in foreign currency are accounted for atthe exchange rates prevailing at the time of transaction.However, in case of transactions taking place through bankaccounts maintained in foreign currency, the same arerecorded at notional rates. Balances in such foreigncurrency accounts at the year end are converted at theprevailing exchange rates. Current assets and liabilities atthe year end are restated at the prevailing exchange ratesand the difference between the year end and the actual/notional rates is recognized as income or expense in theAccounts.

9. CENVAT

The Corporation is taking benefit of service tax paidunder CENVAT Credit Rules 2004 and off setting the sameagainst Service-tax payable. The amount of net benefitavailed under the said rules is netted with respectiveexpenditure.

10. Retirement Benefits for Employees

Retirement benefits are provided for in the accounts onaccrual basis in following manner:

(i) Gratuity

The Corporation has entered into an agreement with theLife Insurance Corporation of India to administer itsGratuity Scheme. The premium paid on the basis ofactuarial valuation is charged to Income & ExpenditureAccount. Excess claims received if any, are nettedthrough premium paid. The additional demand which israised by Life Insurance Corporation which is left unpaidis also accounted for in the year of claim by Life InsuranceCorporation.

(ii) Encashment of Leave

Provision for Leave Encashment on retirement isdetermined, accrued and provided for on the basis of

7- fuos'kd½ dkji®js'ku ds fuos'k nh?kZdkfyd g®us ds dkj.k ykxRk

ij cRkk, x, gSaA Tkc Rkd fd ewY; esa d®bZ LFkk;h dehu g®A

[k½ lafnXèk o v'k®è; le>h xbZ vuqKfIRkèkkjh daifu;®a dsfy, O;kikj fuos'k ¼bfDoVh Hkkxhnkjh½ dks ys[kk iqfLrdkesa miyC/k djk;k x;k gSA

x½ vuqnkuksa esa ls fd, x, fuos'k d® mDRk vuqnkuksa ds le{kj[kk x;k gS RkFkk fuos'kksa dh vuqlwph ds vaRkxZRk`1 ds lS)kfURkd ewY; ij fuos'k ds :i esa vyx lsn'kkZ;k x;k gSA

8- fons’kh eqæk fofue;

fTkl Rkkjh[k d® dkj®ckj lacaèkh d®bZ ysu-nsu fd;k x;k g®] ml

fnu ÁpfyRk fofue; nj®a ij gh fons'kh eqnzk d® vkadk TkkRkk gSA

RkFkkfi] ;fn bl Ádkj ds ysu-nsu cSad [kkRk®a ds }kjk fons'kh eqnzk esa

fd, TkkR® gSa Rk® mUgsa dkYifud nj®a ¼u®'kuy jsV~l½ ij fjdkMZ fd;k

TkkRkk gSA o"kZ ds vaRk esa fons'kh eqnzk [kkRk®a esa cph jkf'k d® ml le;

ÁpfyRk fofue; nj®a esa cny fn;k TkkRkk gSA pkyw ifjlaifÙk;®a v©j

nkf;Ro®a d® o"kZ ds vaRk esa fo|eku fofue; nj ij iqu% O;DRk fd;k

x;k gS v©j o"kZ ds vaRk RkFkk okLRkfod@dkYifud nj ds chp ds vaRkj

d® o"kZ ds ys[® esa vk; RkFkk O;; ds :i esa fn[kk;k x;k gSA

9- lsuosV

dkji®js'ku lsuosV ØsfMV fu;e 2004 ds vaRkxZRk ÁnÙk lsok dj

ds ykHk ÁkIRk dj jgh gS RkFkk mldh O;oLFkk ÁnÙk lsok dj ds dkj.k

dh xbZ gSA mDRk fu;e®a ds vèkhu dqy ÁkIRk g®us okyh ldy ykHk

jkf'k d® fofoèk vk; ds vaRkxZRk n'kkZ;k x;k gSA

10- deZpkfj;ksa d® lsokfuo`fÙk ykHk

lsok fuo`fÙk ykHkksa dh O;oLFkk [kkRkksa esa mifpRk vkèkkj ij

fuEukuqlkj dh xbZ gS%

(i) xzsP;qVh

daiuh us viuh xzsP;qVh ;®Tkuk d® ykxw djus ds fy,HkkjRkh; Tkhou chek fuxe ls ,d le>©Rkk fd;k gSAchekafdd ewY;kadu vkèkkj ij ÁnÙk Áhfe;e d® vk;-O;;[kkR® esa j[kk x;k gSA izkIr fd, x, vfrfjDr nkoksa dksiznÙk izhfe;e ds varxZr j[kk x;k gSA thou chek fuxe}kjk mBkbZ xbZ vfrfjDr ekax jkf'k ftldk vHkh Hkqxrkuugha fd;k x;k gS thou chek fuxe }kjk nkos ds o"kZ esan'kkZ;h xbZ gSA

(ii) NqfÍ;ksa dk udnhdj.k

lsok fuo`fÙk ij NqfÍ;®a dk udnhdj.k chekafdd ewY;kaduds vkèkkj ij fuèkkZfjRk o Ánku fd;k TkkRkk gSA rFkkfi o"kZ


actuarial valuation. However, for the year 2009-10additional provision determined primarily on account ofwage revision is apportioned equally in five yearscommencing from the financial year 2009-10.

(iii) Provident Fund

Contributions towards Provident Fund is accounted foron accrual basis.

11. Allocation and Apportionment of Expenses

Expenses identifiable with specific grants includingmanpower have been charged to those grants as per approvedAnnual Plan. Other common expenses not identifiable withany grant have been apportioned equally among the variousgrants and the Corporation.

12. Grants-in-Aidi) Government grants relating to specific assets have

been shown as a deduction from the gross value ofthe assets concerned, in arriving at their book valueand the related assets have been shown in thebalance sheet at a nomial value.

ii) Yearly grants-in-aid from the Government of India forthe activities of IPP and TPP relating to revenue havebeen recognized in Income & Expenditure in asystematic basis and have been shown separatelyunder the head Unspent Balances of Grants-in-aidand are carried forward to subsequent years underthe head 'Current Liabilities and Provisions’ foradjustment against expenses. Excess of expenditureover the amount of grants received after adjustingincome, if any, related thereto, are carried forward tosubsequent years under the head ‘Loans andAdvances’ as amount receivable from Governmentof India. The utilization of grants under TPP and IPPare shown separately under Note 24 and 25 ofFinancial Statements.

13. Developmental ProjectsThe Corporation’s share in respect of expenditure on

Developmental Projects, if any, is accounted for on the basisof claims received from the Collaborators.

14. Borrowing CostBorrowing cost that is attributable to the acquisition/

construction of fixed assets are capitalized as part of the costof the respective assets. Other borrowing costs are recognizedas expenses in the year in which they arise.

15. Taxes on Income

Income-tax is computed in accordance with AccountingStandard (AS-22)—'Accounting for taxes on income' issuedby the Institute of Chartered Accountants of India. Tax

2009&10 esa osru la'kks/ku gsrq vfrfjDr çko/kku eq[;r%osru la'kks/ku vk/kkj ij fu/kkZfjr fd;k x;k gS ftls o"kZ2009&10 ls ikap o"kks± esa leku :i ls ckaVk x;k gSA

(iii) Hkfo"; fufèk

Hkfo"; fufèk esa va'knku dk ys[kk mip; vk/kkj ij j[kk Tkk

jgk gSA

11- O;; dk vkcaVu RkFkk foHkkTkuekuo'kfDRk lfgRk fof'k"V vuqnkuksa ds lkFk vfHkKs; O;; okf"kZd

;®Tkuk ds vuqlkj vuqe®fnRk vuqnkuksa ls olwys Tkk,axsA vU; lkekU;O;; Tk® fdlh Hkh vuqnku esa ugha vkR® gSa mUgsa dkji®js'ku ds fofHkUu

vuqnku®a ds chp vyx ls fn[kk;k x;k gSA

12- lgk;Rkk&vuqnku

i) fo'®"k ifjlaifÙk;ksa ls lacafèkRk ljdkjh vuqnkuksa d®muds iqLRkd ewY; ij lacafèkRk ifjlaifÙk;ksa ds ldyewY; esa ls dV©Rkh ds :i esa n'kkZ;k x;k gS v©j lac)ifjlaifÙk;ksa d® Rkqyu-i= esa uke-ek= ds ewY; ijfn[kk;k x;k gSA

ii) vk; ls lacafèkRk vkbZ ih ih rFkk Vh ih ih fØ;kdykiksads fy, Hkkjr ljdkj ls ÁkIRk okf"kZd lgk;Rkk vuqnkuksad® vk; ,oa O;; esa lqO;ofLFkRk vkèkkj ij vyx ls^vk;* ds vaRkxZRk fn[kk;k x;k gSA lgk;Rkk vuqnku®a dsvO;f;Rk '®"k d® 'kh"kZd oRkZeku nkf;Ro v©j Ákoèkku®a*ds vaRkxZRk j[kk x;k gS Rkkfd bl '®"k d® bu o"k®± dsO;;®a esa lek;®fTkRk fd;k Tkk ldsA ÁkIRk vuqnku jkf'kRkFkk vk; dh vis{kk O;; dh vfèkdRkk] RkRlacafèkRk ;fnd®bZ g®] d® iwoZoRkhZ o"k®± ds le{k ^_.k v©j vfxze*jkf'k;ka 'kh"kZ ds vaRkxZRk HkkjRk ljdkj ls ÁkIRk jkf'k ds:i esa n'kkZ;k x;k gSA Vh ih ih vkSj vkb ih ih dsvèkhu fn[kkbZ xbZ vuqnkuksa dk leqi;ksx foÙkh; fooj.kdh fVIif.k;ka 24 vkSj 25 esa vyx&vyx fn[kk;k x;kgSA

13- fodkl’khy ifj;®Tkuk,a

fodkl'khy ifj;®Tkukv®a ij O;; ds lacaèk esa dkji®js'kudk fgLlk lg;®fx;®a ls ÁkIRk nko®a ds vkèkkj ij vkadk x;kgSA

14- mèkkj ykxRk

LFkkbZ ifjlaifÙk;ksa ds fuekZ.k@vTkZu ls lacafèkRk mèkkjykxRk d® lacafèkRk ifjlaifÙk;ksa dh ykxRk ds va'k :i esa n'kkZ;kx;k gSA vU; mèkkj ykxRkksa d® lacafèkRk o"k®± esa O;;ksa ds :i esan'kkZ;k x;k gSA

15- vk; ij djvk; dj ys[kk ekudksa ¼, ,l&22½ ds vuqlkj vkads TkkR®

gSaA vk; ij dj HkkjRk dh lunh ys[kkiky laLFkk }kjk Tkkjh


expenses are accounted for in the same period to which therevenue and expenses relate.

Current tax is the amount of income tax determined to bepayable in respect of the taxable income for the year.

The deferred tax is provided and recognized on timingdifferences between taxable income and accounting incomesubject to prudential consideration.

Deferred tax assets on unabsorbed depreciation and carryforward of losses is not recognized unless there is virtualcertainty about availability of future taxable income to realizesuch assets.

16. Contigent LiablilityProvisions are recognized in terms of Accounting

Standard (AS-29)—'Provisions, Contingent Liabilities andContingent Assets', issued by the ICAI, when there is apresent legal or statutory obligation as a result of past events,where it is probable that there will be outflow of resources tosettle the obligation and when a reliable estimate of the amountof the obligation can be made.

Contingent Liabilities are recognized only when thereis a possible obligation arising from past events due tooccurrence or non-occurrence of one or more uncertainfuture events not wholly within the control of the companyor where any present obligation cannot be measured interms of future outflow of resources or where a reliableestimate of the obligation cannot be made. Obligationsare assessed on an on going basis and only those havinga largely probable outflow of resources are provided for.Contingent Assets are not recognized in the FinancialStatements.

fd, TkkR® gSaA dj O;; vkxRk RkFkk vU; O;;ksa dh vofèk esa vkadsTkkR® gSaA

pkyw dj] cRkk, x, vk; dj dh og jkf'k gS Tk® ml o"kZ dhdj ;®X; vk; ds :i esa HkqxRkku djuh g®Rkh gSA

dj ;®X; vk; RkFkk ys[kkÑRk vk; ds chp le; vURkjky dkfoosdiw.kZ fopkj-foe'kZ ds i'pkRk~ gh vkLFkfxRk djksa dh O;oLFkk dhTkkRkh gS RkFkk mUgsa ekU; le>k TkkRkk gSA

xSj vo'k®f"kRk ewY;gzkl RkFkk vkxs fn[kkbZ xbZ gkfu;ksa ijvkLFkfxRk dj ifjlaifÙk;ksa d® Rkc Rkd ekU; ugha le>k Tkk,xk TkcRkd fd bu ifjlaifÙk;ksa d® ÁkIRk djus ds fy, Hkkoh dj ;®X; vk;dh miyCèkRkk ds fo"k; esa iw.kZ fuf'pURkRkk u g®A

16- vkdfLed nkf;Ro

Ákoèkku ys[kk ekud ¼, ,l-29½ ds vuqlkj g®R®gS a&vkdfLed ifjlaifÙk;ka RkFkk vkdfLed nkf;Ro Ákoèkkuvkb lh , vkb }kjk Rkc Tkkjh fd, TkkR® gS a Tkc HkwRkiwoZ?kVukvks a ds ifj.kkeLo:i oRkZeku fofèkd vFkok lkafofèkdnkf;Ro gksa vFkok nkf;Ro dk fuiVku djus ds fy, lalkèkuksa dkcfgZokg dh laHkkouk g® v©j Tkc nkf;Ro jkf'k dk fo'oluh;vuqeku yxk;k Tkk ldRkk g®A

vkdfLed nkf;Ro dsoy RkHkh ekU; g®R® gSa Tkcfd ,d ;kvusd vfuf'pRk ?kVukvksa dh mifLFkfRk ;k vuqifLFkfRk ds dkj.kfiNyh ?kVukvksa ls d®bZ laHkkfoRk nkf;Ro mnHkwRk g® jgk g® Tk®fd iw.kZRk;k daiuh ds fu;a=.k esa ugha gksa ;k Tkgka ij lalkèkuksads Hkfo"; esa ckfgokZg ds :i esa fdlh oRkZeku nkf;Ro dkewY;kadu ugha g® ldRkk ;k nkkf;Ro dk fo'oluh; vkdyuugha fd;k Tkk ldRkkA nkf;Roksa dk ewY;kadu ?kVuk ds vkèkkjij mudk fd;k TkkRkk gS fTkUgsa lalkèkuksa dk c`gRk laHkkkfoRkckfgokZg miyCèk djk;k x;k gSA vkdfLed nkf;Ro foÙkh;fooj.kksa esa ekU; ugha g®R® gSaA


uksV 3 % 'ks;j iwathNOTE 3 : SHARE CAPITAL

izkf/kd`rAUTHORISED

1]00]000 ¼1]00]000½ bfDoVh 'ks;j izR;sd ` 1]0001,00,000 (1,00,000) Equity Shares of ` 1,000 each 10,00,00,000 10,00,00,000

10,00,00,000 10,00,00,000

tkjh] vfHknÙk vkSj iznÙk44]181 ¼44]181½ bfDoVh 'ks;j izR;sd ` 1]000 dkSubscribed and Fully Paid-up44,181 (44,181) Equity Share of ` 1,000 each 4,41,81,000 4,41,81,000

4,41,81,000 4,41,81,000

31 ekpZ 2012 dks lekIr o"kZ ds fy, foÙkh; fooj.kksa ij uksV Notes to the Financial Statements for the year ended 31st March 2012

¼d½ 'ks;jksa ls lacaf/kr jkbV] ojh;rk,a vkSj çfrca/k

daiuh ds ikl ` 1]000 çfr 'ks;j le ewY; ds bfDoVh 'ks;j gSaAçR;sd 'ks;j/kkjh dks vius çfr 'ks;j ds fy, ,d oksV nsus dkvfèkdkj gSA Hkkjr ds jk"Vªifr ds ikl 44]177 bfDoVh 'ks;j gSaA Hkkjrljdkj ds pkj ukfer lnL;ksa dks ,d&,d 'ks;j çnku fd;k x;k gSA

¼[½ 'ks;j/kkfj;ksa ds ikl 5 çfr'kr ls vf/kd 'ks;j gaSA

ekpZ 31] 2012 ekpZ 31] 2011

'ks;jgksYMj dk uke 'ks;j dh la[;k 'ks;j dh la[;k

lqjf{kr lqjf{kr

Hkkjr ds jk"Vªifr 44]177 44]177

(a) Rights, preferences and restrictions attached to shares

The company has one class of equity shares having a par valueof ` 1,000 per share. Each shareholder is eligible for one voteper share held. 44,177 Equity Shares are with President ofIndia. One Share each has been given to Four Nominees ofGovernment of India.

(b) Shareholders holding more than 5 percent of the equity.

March 31, 2012 March 31, 2011

Name of Shareholder No. of Shares No. of Shares

held held

President of India 44,177 44,177

fooj.k ` `

Particulars ekpZ@March 31, 2012 ekpZ@March 31, 2011

uksV 4 % vkjf{kr vkSj vf/k'ks"kNOTE 4 : RESERVES AND SURPLUS

fooj.k ` ` ` `


lkekU; vkjf{krGENERAL RESERVE

fiNys o"kZ ds vuqlkjAs per last year 24,38,056 24,38,056

tksM+sa % v'kks/; vkSj lafnX/k _.kksa ds fy,vkjf{kr jkf'k lss gLrkarfjrAdd : Transfer from Reserve for 2,64,722 —

Bad and Doubtful Debts 27,02,778 24,38,056

ykHk vkSj gkfu fooj.k esa vf/k'ks"kSurplus in the statement of Profit and Loss

fiNys foÙkh; fooj.k ds vuqlkj 'ks"kBalanace as per last financial statement 4,65,48,839 5,69,31,861

o"kZ ds fy, ykHk@¼gkfu½Profit/(Loss) for the year (58,24,673) 4,07,24,166 (1,03,83,022) 4,65,48,839

v'kks/; vkSj lafnX/k _.kksa ds fy, vkjf{kr jkf'kReserve for Bad and Doubtful Debts 2,64,722 2,64,722

?kVk,a % lkekU; vkjf{kr esa gLrkarj.kLess Transferred to General Reserve (2,64,722) — — 2,64,722

4,34,26,944 4,92,51,617


uksV 5 % xSj&O;kikj nkf;RoNOTE 5 : NON TRADE LIABILITIES


nh?kZ&dkfyd@Long-Term vYi&dkfyd@Short-Term

fooj.k ` ` ` `

Particulars ekpZ@March 31, 2012 ekpZ@March 31, 2011 ekpZ@March 31, 2012 ekpZ@March 31, 2011

iwath _.knkrkCapital Creditors — — — 4,268

,u vkj Mh lh&vkbZ ih ,Q lhifj;kstuk [kkrkNRDC IPFC Project Account 55,42,587 55,00,000 — —

vU; nkf;RoOther Liabilities 20,76,718 20,76,718 — —

xSj&O;kikj dqy nkf;RoTOTAL LIABILITIES Non Trade 76,19,305 75,76,718 — 4,268

uksV 6 % çko/kkuNOTE 6 : PROVISIONS


fooj.k ` ` ` `


deZpkfj;ksa ds ykHk ds fy, çko/kkuProvision for employee benefits

NqfV;ksa dk ykHkLeave benefits 1,51,71,636 1,29,00,802 30,55,671 29,62,092

minkuGratuity — — 1,18,48,270 —

vk; dj ds fy, çko/kkuProvision for Income Tax — — 2,37,574 2,37,574

1,51,71,636 1,29,00,802 1,51,41,515 31,99,666



uksV 8 % vU; orZeku nkf;RoNOTE 8 : OTHER CURRENT LIABILITIES

fooj.k ` `


oS/kkfud ns; %Statutory Dues :

lsok djService Tax 20,35,217 1,16,418

:ds gq, djWithholding Taxes 34,16,658 9,54,540

oSKkfud vkSj vkS|ksfxd vuqla/kku foHkkxVh ih ih dh vO;f;r 'ks"k jkf'k ls vuqnkuGrants from DSIR TPP Unspent Balanace 24 77,83,043 40,50,136

oSKkfud vkSj vkS|ksfxd vuqla/kku foHkkxvkb ih ih dh vO;f;r 'ks"k jkf'k ls vuqnkuGrants from DSIR IPP Unspent Balanace 25 1,09,60,084 77,38,040

cSad vksojMªk¶VBank Overdraft

,u vkj Mh lh dh xfrfof/k;kaNRDC Activities 1,05,44,247 —

ifj;kstuk [kkrkProject Account 22,869 —

vU; orZeku nkf;RoOther Current Liabilities 1,12,81,033 2,17,41,943

vfxze vkSj tekjkf'kAdvance & Deposits 21,33,493 21,74,742

4,81,76,644 3,67,75,819

uksVNote

uksV 7 % O;kikj ns;NOTE 7 : TRADE PAYABLE

vYi&dkfyd@Short-Term

fooj.k ` `


fofo/k _.knkrkSundry Creditors 1,68,67,578 64,23,315

çhfe;e vkSj jkW;YVh esa vuqla/kku laLFkkuksa dk fgLlkResearch Institutions Share Premia & Royalty 13,11,02,772 13,66,74,487

14,79,70,350 14,30,97,802


ldy CykWd ewY;gzkl fuoy CykWdGROSS BLOCK DEPRECIATION NET BLOCK

fooj.k 1 vçSy 2011 o"kZ esa o"kZ esa de ;k 31 ekpZ 2012 31 ekpZ 2011 o"kZ ds fy, o"kZ esa de ;k 31 ekpZ 2012 tSlk 31 ekpZ tSlk 31 ekpZParticulars dks ewy ykxr ifjo/kZu lek;ksftr jkf'k dks ewy ykxr rd O;oLFkk lek;ksftr jkf'k rd O;oLFkk 2012 dks Fkk 2011 dks Fkk

Original cost as Addition Deduction/ Original cost as Provision For the Deduction/ Provision As at As at

at 1st April during the Adjustment at 31st March up to 31st year Adjustment up to 31st 31st March 31st March2011 year during the 2012 March 2011 during the March 2012 2012 2011

year year

` ` ` ` ` ` ` ` ` `

ewrZ ifjlaifÙk;kaTangible Assets

Hkwfe ¼14-6-1979 ls LFkkbZ yht ij½

Land (On perpetual lease

w.e.f. 14.6.1979) 21,47,409 — — 21,47,409 6,94,102 — 21,691 7,15,793 14,31,616 14,53,307

Hkou

Building 28,01,670 — — 28,01,670 14,91,962 45,667 — 15,37,629 12,64,041 13,09,708

fo|qr laLFkkiu

Electrical Installation 6,68,980 — — 6,68,980 6,66,407 898 — 6,67,305 1,675 2,573

dk;kZy; e'khujh vkSj lkeku

Office Machinery & Equipments 55,60,496 5,500 — 55,65,996 19,65,735 2,51,301 — 22,17,036 33,48,960 35,94,761

dk;kZy; ds dEI;wVj

Office Computers 71,11,607 — — 71,11,607 55,23,275 5,36,051 — 60,59,326 10,52,281 15,88,332

QuhZpj vkSj fQDlpj

Furniture & Fixtures 13,70,734 4,800 — 13,75,534 10,88,081 42,362 — 11,30,443 2,45,091 2,82,653

iqLrdky; dh iqLrdsa

Library Books 10,67,527 3,603 — 10,71,130 10,38,762 5,785 — 10,44,547 26,583 28,765

okgu

Vehicles 13,87,173 — — 13,87,173 10,93,641 1,00,309 — 11,93,950 1,93,223 2,93,532

QuhZpj vkSj fQDlpj ¼vkbZ ih ih½

Furniture & Fixture (IPP) 2,11,997 — — 2,11,997 2,11,988 — — 2,11,988 9 9

miLdj rFkk e'khujh ¼vkbZ ih ih½

Equipment & Machinery (IPP) 84,086 — — 84,086 84,080 — — 84,080 6 6

iqLrdky; dh iqLrdsa ¼vkbZ ih ih½

Library Books (IPP) 1,73,860 — — 1,73,860 1,73,860 — — 1,73,860 — —

ewrZ laifÙk;ksa dk ;ksx

Total Tangible Assets 2,25,85,539 13,903 — 2,25,99,442 1,40,31,893 9,82,373 21,691 1,50,35,957 75,63,485 85,53,646

xr o"kZPrevious Year 2,22,36,084 3,49,455 — 2,25,85,539 1,29,00,193 11,10,009 21,691 1,40,31,893 85,53,646 93,35,891

vewrZ ifjlaifÙk;kaIntangible Assets

lkW¶Vos;j ¼,u vkj Mh lh½

Software (NRDC) 20,000 — — 20,000 18,750 1,250 — 20,000 — 1,250

lkW¶Vos;j iSdst ¼Vh ih ih½**

Software Package (TPP)** 16 — — 16 — — — — 16 16

lkW¶Vos;j iSdst ¼vkbZ ih ih½

Software Package (IPP)** 4 — — 4 — — — — 4 4

vewrZ laifÙk;ksa dk ;ksx

Total Intangible Assets 20,020 — — 20,020 18,750 1,250 — 20,000 20 1,270

xr o"kZPrevious Year 20,017 3,59,600 3,59,597 20,020 13,750 5,000 — 18,750 1,270 6,267

**Hkkjr ljdkj ds vuqnku ds fcuk lkWQVos;j iSdst [kjhnk ftldh vuqekfur dher ` 1 fn[kkbZ xbZ gSA**Software Package purchased out of Government grants are shown at a notional value of ` 1.


uksV 9 % LFkkbZ ifjlaifÙk;kaNOTE 9 : FIXED ASSETS


fuos'kINVESTMENTS

i½ O;kikj fuos'k&m)ri) Trade Investment-quoted

100 ykxr ` 98-70 iw.kZr% iznÙk eS- ysall , ch ,l fy-100 Cost ` 98.70 Fully Paid M/s. Lanxess ABS Ltd. 9,870 9,870

vafdr ewY; ` 10(FV ` 10)

cktkj ewY; ` 769-55(MV ` 769.55)

100 ykxr ` 24-60 iw.kZr% iznÙk eS- U;wdse fy-100 Cost ` 24.60 Fully Paid M/s. Nuchem Ltd. 2,460 2,460

vafdr ewY; ` 10FV ` 10

cktkj ewY; ` 1-71(MV ` 1.71) 12,330 12,330

,afty QaafMax ¼vkbZ ih ih½Angel Funding (IPP)

ii) fuos'k&vuq)r****ii) Investment-unquoted****

37]500 ykxr ` 80 iw.kZr% iznÙk eS- Msl dEI;wVj çk- fy-vafdr ewY; ` 10

37,500 Cost ` 80 Fully Paid M/s. Dess Computers Pvt. Ltd. 30,00,000 30,00,000(FV ` 10)

?kVk,a % vkbZ ih ih ,afty QaafMax vuqnku ls fuos'kLess : Investment made from Grants of IPP Angel Funding 29,99,999 1 29,99,999 1

10]000 ykxr ` 300 iw.kZr% iznÙk eS- jksi baVjçktst çk- fy-vafdr ewY; ` 10

10,000 Cost ` 300 Fully Paid M/s. Rope Enterprises Pvt. Ltd. 30,00,000 30,00,000(FV ` 10)


6]000 ykxr ` 500 iw.kZr% iznÙk eS- ;wfuQksj lkWQVos;j flLVe çk- fy-vafdr ewY; ` 10

6,000 Cost ` 500 Fully Paid M/s. Uniphore Software Systems Pvt. Ltd. 30,00,000 30,00,000(FV ` 10)


12,333 12,333

&,e oh vFkkZr~ cktkj ewY;–MV Denotes Market Value

&,Q oh vFkkZr~ vafdr ewY;–FV Denotes Face Value****Hkkjr ljdkj ds vuqnku ds fcuk fuos'k fd;k ftldh vuqekfur dher 1 fn[kkbZ xbZ gSA****Investments made out of Government Grants are shown at a notional value of ` 1.


uksV 10 % xSj&çpfyr fuos'kNOTE 10 : NON-CURRENT INVESTMENTS

fooj.k ` ` ` `



uksV 11 % vkLFkfxr dj laifÙk;ka ¼fuoy½NOTE 11 : DEFERRED TAX ASSETS (Net)

fooj.k ` `


vkLFkfxr dj laifÙk;ka dk lekIr gks tkukThe breakup of Deferred Tax Assets

[kkrk cukrs le; mBk;s x, vUrj %Arising on account of timing difference in :

— ewY;gzkl— Depreciation (14,93,319) (16,10,101)

— okLrfod Hkqxrku ij Lohdk;Z çksn~Hkwr [kpZ — Accrued Expenses allowable on Actual Payments 80,42,622 36,50,903

— vxzsuhr gkfu;ka— Carried Forward Losses 18,69,402 37,47,778

— vkLFkfxr dj laifÙk;ka ¼fuoy½— Deferred Tax Assets (Net) 84,18,705 57,88,580



uksV 12 % _.k vkSj vfxzeNOTE 12 : LOANS & ADVANCES


fooj.k ` ` ` `


vlqjf{kr] 'kks/; ekus x,Unsecured, Considered Good

_.k vkSj vfxzeLOANS & ADVANCES

¼vlqjf{kr&'kks/; ekus x,½(Unsecured—considered good)

udn vFkok 'kks/; oLrq ds :i esa olwy gksus okyh jkf'k vFkok izkIr gksus okyk ewY; buesa lh-,e-Mh-ls cdk;k 'kwU; ` 11]088@& ¼` 'kwU;½ Hkh 'kkfey gSaA o"kZ ds nkSjku lh-,e-Mh- ls cdk;k vf/kdre vfxzejkf'k ` 11]088@& ¼` 1]03]187@&½Amount recoverable in cash or in kind or for value to be received includes a sum of ` 11,088/-

due from C.M.D. (` Nil) maximum amount of advance due during the year from

C.M.D. ` 11,088/- (` 1,03,187/-)

okfil çkIr gksus ;ksX; dj@dj lzksr ij dVkSrhTax Refund Receivable/Tax Deducted at Source — — 1,00,88,666 1,20,41,705

esV m/kkj vf/kÑrMAT Credit Entitlement — 2,37,574 2,37,574 —

lkeku o lsokvksa ds fy,For Goods and Services 1,07,880 6,28,268 — —

vU; ds fy,For Others 1,28,104 2,21,304 13,71,006 8,85,845

deZpkfj;ksa dks vfxzeAdvances to Employees

Hkou fuekZ.k ds fy, vfxze ¼mifpr C;kt lfgr½¼lh-ih-,Q- xzg.k] fxjoh] xzsP;qVh rFkkO;fDrxr xkjaVh }kjk izkIr½House Building Advance

(including interest accrued) 33,97,598 37,51,015 3,78,649 10,97,759

(Secured by mortgage, lien on CPF,

Gratuity and personal guarantee)

LVkQ ds fy, vU; vfxze jkf'k;kaOthers Staff Advances

C;kt lfgr vfxzeInterest Bearing Advances 12,36,226 10,48,572 14,36,080 15,18,051

C;kt jfgr vfxzeNon Interest Bearing Advances — — 4,06,152 4,23,040

fodkl ifj;kstukvksa ds fy,For Development Projects

vlqjf{kr] 'kks/; ekus x,Unsecured, Considered Good — — — 20,40,500

izfrHkwfr tekSecurity Deposit 2,87,612 2,21,112 — —

51,57,420 61,07,845 1,39,18,127 1,80,06,900



uksV 14 % ekylwfp;kaNOTE 14 : INVENTORIES

fooj.k ` `


ekylwfp;ka¼izca/kdksa }kjk ewY;kafdr rFkk izekf.kr½INVENTORIES(As taken, valued and certified by the Management)

LVkslZ rFkk Lis;lZStores and Spares — 29,305ys[ku lkexzh[` 'kwU; dh eky lwph Hkh 'kkfey gS¼` 53]193½ fizaVj ds ikl iM+s dkxt dh ykxr Lo:i]Stationery — 92,928[including inventory of NIL(` 53,193) being cost of the paper lying with printer] — 1,22,233


uksV 13 % vU; laifÙk;kaNOTE 13 : OTHER ASSETS

vçpfyr@Non-Current çpfyr@Current

fooj.k ` ` ` `


lkof/k tek ij C;kt mikÆtrInterest accrued on Fixed Deposits 1,044 28,69,978 1,05,34,480 10,98,474

iwoZçnr [kpZPrepaid Expenses — — 24,927 45,484

1,044 28,69,978 1,05,59,407 11,43,958

uksV 15 % çkI; O;kikjNOTE 15 : TRADE RECEIVABLES

fooj.k ` `


vlqjf{kr] 'kks/; le>s x,Unsecured, Considered Good

fofo/k nsunkj/SUNDRY DEBTORS

vlqjf{kr/UnsecuredN% ekl ls vf/kd le; ds fy, cdk;k _.kDebts Outstanding for a period exceeding six months

'kks/; le>s x,Considered Good 8,59,64,590 5,51,55,136

vU; _.kOTHER DEBTS

'kks/; le>s x,Considered Good 3,11,33,452 11,70,98,042 4,96,87,686 10,48,42,822

?kVk,a %Less :lafnX/k _.kksa ds fy, izko/kkuProvision for Doubful Debts'ks"k fiNys rqyu&i= ds vuqlkjBalance as per last Balance Sheet 12,63,365 12,63,365

11,58,34,677 10,35,79,457


uksV 16 % udn rFkk cSad 'ks"kNOTE 16 : CASH AND BANK BALANCES

fooj.k ` `


udn vkSj udn lekud %Cash & Cash Equivalents :

cSadksa esa 'ks"k jkf'kBalances with banks :

(i) ,u vkj Mh lh ds pkyw [kkrs(i) Current Accounts of NRDC 38,72,262 2,74,85,463(ii) ikl es pSd(ii) Cheques in Hand 5,51,500 —

(iii) vU; ifj;kstuk dk;ks± ds fy,(iii) For Others Projects Activities

vkbZ ih ,Q lh ifj;kstuk dk pkyw [kkrkCurrent Account of IPFC Project — 55,00,000

ikl esa udnCash on Hand 47,223 49,018

ikl esa LVSEiStamps in Hand 44,576 1,00,551

vU; cSadksa esa 'ks"k tek E;knh %Other Bank Balances Fixed Deposits :

(i) ,u vkj Mh lh ds pkyw [kkrs(i) For NRDC * # 15,,01,55,440 11,76,66,460

(ii) vU; ifj;kstuk dk;ks± ds fy,(ii) For Others Projects Activities 55,51,175 —

16,02,22,176 15,08,01,492

* ¼lfgr ` 65]000 ¼` 65]000½ cSad xkjaVh gsrq cSad esa fxjoh½* (including ` 65,000 (` 65,000) under bank lien for bank guarantee)

# tek jkf'k lfgr ` 0-65 yk[k ¼` 739-50 yk[k½ 12 ekg ls T;knk ij Hkqxrku# Deposits account inculdes ` 0.65 lakh (` 739.50 lakhs) having maturity more than 12 months


uksV 17 % çpkyu ls jktLoNOTE 17 : REVENUE FROM OPERATIIONS

fooj.k ` `

Particulars 2011-12 2010-11

izhfe;e o jkW;YVhPREMIA AND ROYALTY

çkIr izhfe;ePremia Received 98,25,000 1,19,62,500

vÆtr jkW;YVhRoyalty Earned 4,68,53,567 5,66,78,567 6,62,95,555 7,82,58,055

foØ; & fu;kZrSales - Export — 6,77,304

ijke'khZ rFkk O;kolkf;d lsok,aConsultancy & Professional Services 2,46,82,569 26,35,029

8,13,61,136 8,15,70,388



uksV 18 % vU; vk;NOTE 18 : OTHER INCOME

fooj.k ` `


ykHkka'k fuos'k ij ¼O;kikj ds vfrfjDr½Dividend on Investment (other than Trade) 4 0 0 3 5 0C;kt/Interest :

cSadksa esa lkof/k tek ijOn Fixed Deposits with Banks 1,23,45,111 76,38,665jkW;YVh vkSj izhfe;e ijOn Royalty & Premia 3,80,766 49,99,095dkuwuh eqdneks a ijOn Legal Cases 55,98,500 —vU; ijOn Others 4,00.028 1,87,24,405 8,94,147 1,35,31,907

fofo/k vk;Miscellaneous Income

dkuwuh eqdneks a ijOn Legal Cases 52,25,000 —lekIr gq, çkstsDVksa ij 'ks"k çkIrOn Closed project balance Receipt 10,03,740 —vU; ijOn Others 10,17,800 72,46,540 8,44,115 8,44,115

2,59,71,345 1,43,76,372

uksV 19 % vuqla/kku laLFkkuksa dk fgLlkNOTE 19 : RESEARCH INSTITUTION'S SHARE

fooj.k ` `


izhfe;ePremia 66,07,500 83,69,750jkW;YVhRoyalty 3,46,94,744 4,91,64,699

4,13,02,244 5,75,34,449



uksV 21 % v/;{k o çca/k funs'kd dk ikfjJfed o lqfo/kk,a rFkkxSj&ljdkjh funs'kdksa ds ;k=k HkÙks@nSfud HkÙks

NOTE 21 : CHAIRMAN & MANAGING DIRECTOR'S REMUNERATIONAND BENEFITS AND TA/DA OF NON-OFFICIAL DIRECTORS

fooj.k ` `


osruSalary 10,76,711 12,53,671Hkfo"; fuf/k esa ;ksxnkuContribution to Provident Fund — 1,29,046fpfdRlk O;;ksa dh izfriwfrZReimbursement of Medical Expenses — 37,500ljdkjh vfrfFk;ks a dk lRdkjEntertainment to Official Guests — 4,500edku fdjk;k lgk;rkHouse Rent Subsidy — 1,04,672NqfV~V;ks a dk udnhdj.k ¼çko/kku½Leave Encashment (Provision) 2,29,410 2,28,428lkewfgd cpr chek ;kstuk ds fy, izhfe;ePremium for Group Saving Link Insurance Scheme 1,680 1,680

13,07,801 17,59,497;k=k O;;Travel Expenses

v/;{k o izca/k funs'kdChairman and Managing Director — 2,87,301xSj ljdkjh funs'kdksa ds ;k=k HkÙks@nSfud HkÙksTA/DA of Non-Official Directors 26,643 26,643 2,44,054 5,31,355

13,34,444 22,90,852

uksV 20 % deZpkfj;ksa ds osru rFkk ykHkNOTE 20 : EMPLOYEES SALARY AND BENEFITS

fooj.k ` `


osru] etnwjh] cksul vkfnSalary, Wages, Bonus etc. 3,94,07,892 3,09,46,857NqfV~V;ksa dk udnhdj.k [blesa ` 11]23]743@& dk yho ,Uds'kesaV Hkh 'kkfey gS¼xr o"kZ ` 13]40]999@&½]Leave Encashment [including provision for leave encashment of ` 11,23,743/- 20,39,513 17,79,391(previous year ` 13,40,999/-)]yho Vªsoy dals'kuLeave Travel Concession 4,85,620 25,727,y-vkbZ-lh- minku ;kstuk esa ;ksxnkuContribution to LIC Gratuity Scheme 32,20,764 2,27,282lkewfgd cpr chek esa ;ksxnkuContribution to Group Saving Link Insurance Scheme 77,555 75,265Hkfo"; fuf/k esa ;ksxnkuContribution to Provident Fund 16,53,717 13,66,708dY;k.kdkjh ;kstukvksa ij vU; O;;Other Expenses on Welfare Scheme 3,49,247 6,04,270fpfdRlk O;;ksa dh izfriwfrZReimbursement of Medical Expenses 5,01,565 5,94,916

4,77,35,873 3,56,20,416


uksV 22 % vU; O;; ijke'khZ@çkstsDV O;; vkSj cV~Vs [kkrs esa Mkyh xbZ jkf'k;ka lfgrNOTE 22 : OTHER EXPENSES including Consultancy/Project Expenses and Amount Written Off

fooj.k ` `


fo|qr izHkkjPower Charges 2,47,493 2,53,867fdjk;k o vU; 'kqYdRent & Other Charges 2,81,302 3,93,102nj o djRates & Taxes 68,291 69,491ejEer o j[k j[kkoRepairs and Maintenance

HkouBuilding 2,12,441 2,59,576QuhZpj o miLdjFurniture and Equipment 49,609 2,01,769okguVehicles 1,19,686 2,35,567vU; O;;Others 25,095 2,286

eqnz.k o ys[ku lkexzhPrinting and Stationery 2,14,922 4,77,225chek 'kqYdInsurance Charges 48,772 43,585cS ad 'kqYdBank Charges 20,066 33,607Mkd] VsyhQksu o VsyhxzkePostage, Telephone & Telegrams 3,52,419 4,74,882dkuwuh O;kolkf;d vkSj ijke'khZ 'kqYdLegal Professional and Consultancy Charges 7,15,737 23,10,103isVsaV Qkbfayx O;;Patent Filling Expenses 2,05,68,807 7,18,779;k=k rFkk lokjh O;;Travelling and Conveyance 9,98,895 20,57,495izpkj rFkk foKkiuPublicity and Advertisement 4 ,595 2,00,080fofo/k O;;Miscellaneous Expenses 4,01,885 6,29,524cV~Vs [kkrs esa Mkyk x;k O;kikj fuos'kTrade Investment Written off — 60,00,000cV~Vs [kkrs esa Mkyh xbZ jkf'k;kaAmounts Written off — 2,43,30,015 1,79,032 1,45,39,970

2,43,30,015 1,45,39,970

uksV 23 % ys[kk ijh{kdksa dk ikfjJfedNOTE 23 : AUDITORS' REMUNERATION

fooj.k ` `


lkafof/kd ys[kk ijh{kk 'kqYdStatutory Audit Fees 56,180 27,575vU; lsokvks a ds fy,For Other Services¼d½ dj ys[kk ijh{kk(a) Tax Audit 28,090 27,575¼[k½ lh ih ,Q VªLV ys[kk dh ys[kk ijh{kk(b) Audit of CPF Trust Account 2,810 87,080 8 2 8 55,978

87,080 55,978



vk;INCOME

Hkkjr ljdkj ls lgk;rk vuqnkuGrants-in-Aid from Govt. of India 3,50,00,000 3,50,00,000

tksM+saa % xr o"kks± dh vO;f;r jkf'kAdd : Unspent Balance of Previous Year 40,50,136 —

?kVk,a % iwoZ o"kks± ls vf?kd O;f;r jkf'kLess : Excess of Expenditure of Earlier Year — 10,29,349

dqy % Vh ih ih ds fy, miyC/k lgk;rk vuqnkuNet : Grants in Aid available for the TPP 3,90,50,136 3,39,70,651

3,90,50,136 3,39,70,651

O;;EXPENDITUREizkS|ksfxdh varj.k ds fy, lwpuk foKkuInformatics for Technology Transfer 26 1,50,91,743 1,54,72,816

xzkeh.k izkS|ksfxdhRural Technology 27 1,01,86,701 86,49,325

izkS|ksfxdh fu;kZrExport of Technology 2 8 1,58,63,017 1,38,71,938

izkS|ksfxdh lao/kZu dk;ZØe ds fy,çkFkfed ifj;kstukTechnology Promotion Programme for

Priority Project 2 9 66,70,167 40,61,732

Vh ih ih ds dk;ks± ds fy, dqy O;;Total Expenditure on the Activities of TPP 4,78,11,628 4,20,55,811

?kVkb, % osru dk 'ks"k Vh ih ih ds dk;ks± ds fy,,u vkj Mh lh ds ykHk o gkfu fooj.k dks gLrkarfjrLess : Balance of salary in r/o TPP activities 1,65,44,535 1,21,35,296Transfer to NRDC Statement of Profit & Loss

Vh ih ih ds dk;ksZa ds fy, okLrfod [kpZNet Expenditure on the acitivities of TPP 3,12,67,093 2,99,20,515

o"kZ ds nkSjku vO;f;r 'ks"k uksV 8 esa lfEeyrUnspent Balance during the year included in Note 8 77,83,043 40,50,136

3,90,50,136 3,39,70,651

uksV 24 % izkS|ksfxdh lao/kZu dk;ZØe ¼Vh ih ih½ ds vuqnkuksa dk mi;ksxNOTE 24 : UTILISATION OF GRANTS OF TECHNOLOGY PROMOTION PROGRAMME (TPP)

foÙkh; fooj.kksa ij uksV Notes to the Financial Statements

31-3-2012 dks lekIr o"kZ gsrq 31-3-2011 dks lekIr o"kZ gsrqfooj.k For the year ended 31.3.2012 For the year ended 31.3.2011Particulars ` ` ` `

uksVNote


vk;

INCOME

Hkkjr ljdkj ls lgk;rk vuqnkuGrants-in-Aid from Govt. of India 3,50,00,000 3,75,00,000

tksM+saa % xr o"kks± dh vO;f;r jkf'kAdd : Unspent Balance of Previous Year 77,38,040 —

?kVk,a % iwoZ o"kks± ls vf?kd O;f;r jkf'kLess : Excess of Expenditure of Earlier Year — 4,27,38,040 7,55,156 3,67,44,844

vU; vk;Other Income 3 0 1,39,849 3,65,164

4,28,77,889 3,71,10,008

O;;

EXPENDITURE

deZpkfj;ksa ds osru vkSj lqfo/kk,aEmployees Salary & Benefits 3 1 2,22,14,853 1,81,98,504

?kVkb, % ,u vkj Mh lh ds ykHk o gkfu fooj.k dks gLrkafjrLess : Transfer to NRDC Statement of Profit & Loss 72,14,853 1,50,00,000 56,98,504 1,25,00,000

if=dkvksa dk eqnz.kPrinting of Magazines 6,24,753 9,13,466

foÙkh; lgk;rk vkSj iqjLdkj forj.k] uokpkj¼cSBdksa ds [kpsZ lfgr½Financial Assistance & Prize Awards, Innovate 78,88,651 27,75,198(including Meeting Expenses)

vU; dk;ZOther Activities 10,76,777 33,55,963

vkbZ ih vkj fØ;kdykiksa@isVsaV lsehukj] ç;kstdrk@isVsaV lgk;rk lkewfgd f'k{kkIPR Activities/Patent Seminar, Sponsorship/Patent Assistance Corporate Study 46,75,832 70,70,319

dkuquh o O;kolkf;d O;;Legal and Professional Expenses 2,02,140 5,08,230

ys[kk ijh{kdksa dk ikfjJfedAuditors Remuneration 32 58,990 28,402

vU; O;;Other Expenses 3 3 23,90,662 22,20,390

vkb ih ih ¼fuoy½ ds dk;ksZa ds fy, dqy [kpZ Total Expenditure on the acitivities of IPP (Net) 3,19,17,805 2,93,71,968

o"kZ ds nkSjku vO;f;r 'ks"k uksV 8 esa lfEeyrUnspent Balance during the year included in Note 8 1,09,60,084 77,38,040

4,28,77,889 3,71,10,008

uksV 25 % izkS|ksfxdh lao/kZu dk;ZØe ¼vkbZ ih ih½ ds vuqnkuksa dk mi;ksxNOTE 25 : UTILISATION OF GRANTS OF TECHNOLOGY PROMOTION PROGRAMME (IPP)

uksVNote





uksV 26 % izkS|ksfxdh vUrj.k ds fy, lwpuk foKku ij O;;NOTE 26 : INFORMATION FOR TECHNOLOGY TRANSFER EXPENDITURE


osru] HkÙks] etnwjh vkSj vU; ykHk

Salary, Allowances, Wages and Other Benefits 1,07,38,735 88,00,384

izpkj] eqnz.k] izdk'ku] ys[ku lkexzh] Mkd O;;] vU; O;;Publicity, Printing, Publication, Stationery, Postage, Other Expenses 10,11,565 10,47,391

izf'k{k.k dk;ZØe] izn'kZuh] dk;Z'kkyk] lHkk]laxks"Bh o fopkj xks"Bh çk;kstdrk] lfEeyuTraining Programme, Exhibition, Workshop, Seminar & Symposium,Sponsorship Get together 20,48,962 19,62,408

iqLrdsa vkSj if=dk,a] izys[ku] lkWQVos;j] vkfnBooks and Periodicals, Documentation, Software, etc. 5,92,356 16,81,376

ifj;kstuk fjiksVZ vkSj cktkj losZ{k.k rS;kj djukPreparation of Project Report, Market Survey 2,58,540 11,71,318

vU; O;;Other Expenses 4,41,585 1,50,91,743 8,09,939 1,54,72,816

1,50,91,743 1,54,72,816

osru] HkÙks] etnwjh rFkk vU; ykHkSalary, Allowances, Wages and Other Benefits 71,04,379 52,73,954

Mkd izHkkj] n`';&JO; vkSj vU; izksRlkgu dk;ZdykiPostage, Audio-visuals and Other Promotional Activities 13,43,007 15,22,088

vU; O;;Other Expenses 5,85,722 6,95,743

nkSjk o ;k=k O;;Tour & Travelling Expenses 50,693 1,28,809

xzkeh.k izkS|ksfxdh izn'kZu&o&izf'k{k.k dsUnzRural Technology Demonstration-cum-Training Centres 6,02,900 5,41,000

xzkeh.k leqnk;Rural Cluster 5,00,000 1,01,86,701 4,87,731 86,49,325

1,01,86,701 86,49,325

uksV 27 % xzkeh.k izkS|ksfxdh ij O;;NOTE 27 : RURAL TECHNOLOGY EXPENDITURE

izkS|ksfxdh lao/kZu dk;ZØeTECHNOLOGY PROMOTION PROGRAMME


uksV 28 % izkS|ksfxdh fu;kZr ij O;;NOTE 28 : EXPORT OF TECHNOLOGY EXPENDITURE


osru] HkÙks] etnwjh vkSj vU; ykHk

Salary, Allowances, Wages and Other Benefits 1,13,43,387 84,05,652

fuos'k&iwoZ v/;;u vkSj O;ogk;Zrk fjiksVZ rS;kj djuk rFkkfu;kZr vkWQj] csfld btha- fMtkbu iSdstPre-investment Studies and Preparation of Feasibility Report, 28,11,120 17,06,881Export Offer, Basic Eng. Design Package

v/;;u nkSjk o ;k=k vkSj çn'kZuh esa Hkkxhnkjh ¼fons'k ;k=k lfgr½Study Tour & Travel and Participation in Exhibition (including travel abroad) 23,620 6,21,988

foojf.kdk] rduhdh fVIif.k;ka] izdk'ku] izpkj]Mkd dh rS;kjh rFkk vU; O;;Preparation of Brochures, Technical Notes, Publication,Publicity, Postage and Other Expenses 8,02,685 16,52,945

?kjsyw ;k=k O;;Domestic Travel Expenses 90,695 4,96,518

LFkkuh; lRdkjLocal Hospitality 77,045 31,486

fons'kh isVs aV@[kkstForeign Patent/Search 5,96,171 2,757

vU; O;;Other Expenses — 7,70,330

vU; xfrfof/k;ka] ds ,e ,l] lwpuk lgk;rkOther Activities, KMS, Information Assistance 1,18,294 1,58,63,017 1,83,381 1,38,71,938

1,58,63,017 1,38,71,938

fodkleku ifj;kstuk,aDevelopment Projects 12,00,000 9,40,040

mÙkj&iwoZ dk;ZØeNorth East Programme 14,50,000 7,33,700

efgyk m|ferk fodkl dk;ZØeW E D P 16,62,133 4,32,686

osru vkSj vU; ykHkSalary & Other Benefits 23,58,034 66,70,167 19,55,306 40,61,732

66,70,167 40,61,732


uksV 29 % vU; izkS|ksfxdh lao/kZu dk;ZØe ds fy, çkFkfed ifj;kstukNOTE 29 : OTHER TECHNOLOGY PROMOTION PROGRAMME FOR PRIORITY PROJECT

izkS|ksfxdh lao/kZu dk;ZØeTECHNOLOGY PROMOTION PROGRAMME


uksV 30 % vU; vk;NOTE 30 : Other Income

pUnkSubscription 1,39,849 3,64,564

vU; fØ;kdykiOthers Activity — 1,39,849 6 0 0 3,65,164

1,39,849 3,65,164

uksV 31 % deZpkfj;ksa dk osru vkSj lqfo/kk,aNOTE 31 : Employees Salaru and Benefits

osru] etnwjh vkSj cksulSalary, Wages and Bonus 1,49,00,770 1,37,11,462

yho Vªsoy dals'kuLeave Travel Concession 1,29,247 1,36,994

NqfV~V;ks a dk udnhdj.kLeave Encashment 17,68,851 20,91,115

,y-vkbZ-lh- minku ;kstuk esa ;ksxnkuContribution to LIC Gratuity Scheme 31,69,654 3,70,068

lkewfgd cpr chek esa ;ksxnkuContribution to Group Saving Link Insurance 59,318 34,637

Hkfo"; fuf/k esa ;ksxnkuContribution to Provident Fund 13,70,465 12,82,394

vU; HkÙk s@O;;Other Allowances/Expenses 3,164 23,719

fpfdRlk O;;ksa dh izfriwfrZReimbursement of Medical Expenses 8,13,384 2 , 2 2 , 1 4 , 8 5 3 5,48,115 1 , 8 1 , 9 8 , 5 0 4

2 , 2 2 , 1 4 , 8 5 3 1 , 8 1 , 9 8 , 5 0 4

uksV 32 % ys[kk ijh{kdksa dk ikfjJfedNOTE 32 : Auditors' Remuneration

ys[kk ijh{kk 'kqYd — pkyw o"kZAudit Fees — Current Year 56,180 27,575lh ih ,Q VªLV ys[kk dh ys[kk ijh{kkAudit of CPF Trust Account 2,810 58,990 8 2 7 28,402

58,990 28,402



izkS|ksfxdh lao/kZu dk;ZØeINVENTION PROMOTION PROGRAMME


uksV 33 % vU; O;;NOTE 33 : Other Expenses

ejEer o j[k&j[kkoRepairs and Maintenance

HkouBuilding 1,16,762 1,30,016

QuhZpj] miLdj o vU;Furniture, Equipment and Others 47,017 38,964

okguVehicles 54,209 1,14,090

fo|qr o ikoj O;;Electricity & Power Charges 2,27,974 2,31,822

eqnz.k o ys[ku lkexzhPrinting & Stationery 7,38,011 1,81,015

Mkd] VsyhQksu] VsyhxzkePostage, Telephones, Telegrams 2,18,465 3,04,522

;k=k o lokjh O;;Travelling and Conveyance 2,84,165 4,39,310

izpkj o foKkiuPublicity and Advertisements 2,42,632 5,61,120

deZpkjh dY;k.k vkSj vU; fofo/k fØ;kdykiStaff Welfare and Other Miscellaneous Activities 4,61,427 23,90,662 2,19,531 22,20,390

23,90,662 22,20,390



izkS|ksfxdh lao/kZu dk;ZØeINVENTION PROMOTION PROGRAMME


uksV 34 % o"kZ ds nkSjku fons'kh eqnzk ls vk; rFkk O;;NOTE 34 : Foreign Exchange Earning and Expenditure during the year

fooj.k 2011&12 2010&11

Particulars ,u-vkj-Mh-lh- Vh-ih-ih- vkbZ -ih-ih- ,u-vkj-Mh-lh- Vh-ih-ih- vkbZ -ih-ih-N.R.D.C. T. P. P I .P.P. N.R.D.C. T. P. P I .P.P.

` ` ` ` ` `

vk;EARNING — — — — — —

— — — — — —

O;;EXPENDITURElnL;rk ds fy, 'kqYd] if=dk] tuZy] lkW¶Vos;jSubscription for Membership, Periodicals, Journal, Software — — 4,383 — 9,84,463 4,127

isVs aV lgk;rk@isVsaV [kkstPatent Assistance/Patent Search — — 2,70,140 — — —

lsfeukj] laxks"Bh vkSj O;kikj esys o

iznf'kZuh esa Hkkxhnkjh vkSj uokpkjh f'k{kkParticipation in Seminar Symposium &Trade Fair Exhibition, etc. Innovation Study — 32,891 — — 8,19,351 2,55,838

vkbojh dksLV ifj;kstuk o vU; ;k=kIvory Coast Project & Others Travel — — — 8,38,593 — —

;k sxTotal — 32,891 2,74,523 8,38,593 18,03,814 2,59,965



foÙkh; o"kZ 2011&12 ds fy, okÆ"kd ys[kk Annual Accounts for the Financial Year 2011-12

uksV la- 35

1- vkdfLed nkf;Roksa dh O;oLFkk ugÈ dh xbZ gS%

¼d½ dkji®js'ku ds fo:) nTkZ fd, x, dkuwuh ekeys Tk® nkos Rk® gSaÇdRkq _.kksa dh Js.kh esa ugÈ vkR®] uhps cRkk, x, gSa%

ekeyksa dh la[;k jkf'k ¼`½

orZeku xr orZeku xro"kZ o"kZ o"kZ o"kZ

{kfRk;ksa ds fy, 12 13 10]70]75]928 11]00]75]928

vU; nkos

ekeyksa dh la[;k jkf'k ¼`½

orZeku xr orZeku xro"kZ o"kZ o"kZ o"kZ

osru [kkrs ij 1 1 5]97]706 1]51]564nkf;Ro

2- (i) dkjiksjs’ku us o"kZ ds nkSjku LVksj dh eky lwph] vfrfjälkeku vkSj ys[ku lkexzh çkIr djus dh uhfr esa cnykofd;k gSA pwafd dkjiksjs’ku bu oLrqvksa dk O;kikj ugÈ dj jghgS vkSj ;s O;kikfjd eky lwph esa ugÈ gS vr% dfFkr oLrq,aØ; o"kZ ds O;; ds :i esa yh tk,axh- ys[kk uhfr esa blcnyko ds ifj.kkeLo:i ` 0-58 yk[k dk gzkl gqvk gSA

(ii) dkjiksjs’ku us o"kZ ds nkSjku fofo/k vk; ls lacaf/kr O;;'kh"kZ ls lsuosV ØsfMV ds varxZr çkIr fd, x, ØsfMfVaxcsfufQV dh uhfr esa cnyko fd;k gSA uhfr ds bl cnykods dkj.k ykHk ;k gkfu ij dksbZ Hkh çHkko ugÈ iM+k gSA

(iii)dkjiksjs’ku esa o"kZ ds nkSjku ,y vkb lh dks fn, x,Hkqxrku ls xzsP;qVh ds varxZr O;; dks cqd djus dh ys[kkuhfr esa cnyko fd;k gSA dkjiksjs’ku us xzsP;qVh O;; dhmfpr ns;rk ds fy, ys[kk uhfr esa cnyko fd, gSaA blcnyko ds ifj.kkeLo:i ?kkVk c<+ dj ` 118-48 yk[k gksx;kA

3- djkèkku dh O;oLFkk

daiuh }kjk ÁkIRk dkuwuh lykg RkFkk daiuh ds fy, fd, x,fiNys vk; dj ewY;kadu ds vkèkkj ij djkèkku dh O;oLFkkvk;dj vfèkfu;e 1961 ds vaRkxZRk fofHkUu HkÙkksa RkFkk cÍs [kkR® esaMkyh xbZ jkf'k;ksa] dV©fRk;ksa RkFkk NwV d® è;ku esa j[kR® gq, dh xbZgSA xRk o"kZ ds fy, djkèkku gsRkq de@vfèkd O;oLFkk j[kh@gVknh xbZ gSA

Note No. 35

1. Contingent liabilities not provided for:

Claims representing legal cases filed against theCorporation, not acknowledged as debts:

No. of Cases Amount (`)

Current Previous Current PreviousYear Year Year Year

For damages 12 13 10,70,75,928 11,00,75,928

Other Claims

No. of Instances Amount (`)

Current Previous Current PreviousYear Year Year Year

Liability on 1 1 5,97,706 1,51,564

account of Salary

2. (i) The Corporation during the year has changed the policyof taking inventory of stores and spares and stationeryitems. Since the Corporation is not trading in the said itemsand these are not trade inventories thus the said items aretreated as expense in the year of purchase. The said changein accounting policy has resulted in increase of loss by` 0.58 lakh.

(ii) The Corporation during the year has changed the policyof crediting benefit availed under Cenvat Credit fromMiscellaneous Income to respective head of expenditure.The said change in policy has not resulted in any impacton profit and loss account.

(iii) The Corporation during the year has changedaccounting policy of booking expenditure under gratuityfrom contribution paid to LIC to demand from LIC. TheCorporation has changed the policy to account for thecorrect liability of gratuity expense. The change hasresulted in increase of loss by ` 118.48 lakhs.

3. Provision for Taxation

Based on the past income tax assessments framed on thecompany as well as the legal opinion obtained by the company,provision for taxation has been made after considering variousallowances including write off, deductions and exemptionsunder the Provisions of Income Tax Act, 1961. Short/excessprovision for taxation for earlier years has been provided/withdrawn.



4- vkLFkfxr dj nkf;Ro

ys[kk ekud ¼, ,l 22½ **vk; ij dj®aß ds fy, ys[kkuhfRkds vuqlkj 26]30]125 (xr o"kZ 54]43]041½ dh vkLFkfxRk djnkf;Ùo®a dh O;oLFkk ykHk ,oe~ gkfu ds fooj.k esa dh xbZ gSAle;-vaRkjky ds dkj.k mRiUu vkLFkfxRk dj ifjlaifÙk;®a v©jnkf;Ro®a dk fooj.k bl Ádkj gS %

¼`½

fooj.k 31 ekpZ] o"kZ 31 ekpZ]2011 2011&12 2012rd ds fy, rd

vkLFkfxr dj nkf;Ro

ewY;gzkl ds dkj.k mRiUuvkLFkfxr dj nkf;Ro 16]10]101 ¼1,16]782½ 14]93]319

vkLFkfxr dj ifjlaifÙk;kaNqfV~V;ksa ds udnhdj.k vkSjxzsP;qVh ls mRiUu vkLFkfxrdj ifjlaifÙk;ka 36]50]903 43]91]719 80]42]622

vkLFkfxr dj ifjlaifÙk;kavxzuhr gkfu;ksa ls mRiUuvkLFkfxr dj ifjlaifÙk;ka 37]47]778 ¼18]78]376½ 18]69]402

vkLFkfxRk dj ¼nkf;Ro½ifjlaifÙk;ka&fuoy 57]88]550 26]30]125 84]18]705

5- LFkkbZ ifjlaifÙk;ka

foÙkh; o"kZ 1999-2000 Rkd vuqnku®a ls ÁkIRk LFkkbZ ifjlaifÙk;®ad® vuqnku®a ds le{k fn[kk;k x;k gS vyx ls LFkkbZ ifjlaifÙk;®ads :i esa ugha fn[kk;k x;kA foÙkh; o"kZ 2000-2001 ls 2005-06Rkd vuqnkuksa esa ls d®bZ LFkkbZ ifjlaifÙk vfTkZRk ugha dh xbZ gSAfoÙkh; o"kZ 2006-07 ls vuqnkuksa esa ls [kjhns x, lkW¶Vos;j d®daiuh ys[kk uhfRk ds vuqlkj LFkkbZ ifjlaifÙk;ksa dh vuqlwph esadkYifud ewY; ij n'kkZ;k x;k gSA

blds vfRkfjDRk o"kZ ds n©jku 31 ekpZ 2012 d® Ácaèku }kjkfu;qDRk 3 lnL;ksa dh lfefRk us LFkkbZ laifÙk;ksa d® lR;kfiRk fd;kRkFkk lHkh laifÙk;ksa d® O;ofLFkRk o dkji®js'ku ds Á;®x esa lfØ;ik;k x;kA

6- _.knkrk

(i) j‚;YVh ds fy, Rkhu o"kksZa ls vfèkd le; ls 161-31yk[k :i, ¼` 69-84 yk[k½ dk fofoèk _.k cdk;k gSblesa ` 43-21 yk[k ¼` 47-90 yk[k½ vuqlaèkku ,oafodkl laLFkkuksa dk fgLlk 'kkfey gS v©j bls ÁkIRk djusds fy, bu fofoèk nsunkjksa ds f[kykQ dkuwuh dkjZokbZ

4. Deferred Tax Liability

Deferred Tax Asset amounting to 26,30,125 (PreviousYear ` 54,43,041) as per the Accounting Standard (AS 22)"Accounting for Taxes on Income" has been accounted forin the Statement of Profit and Loss. The details of the Deferredtax assets and liabilities arising on account of timing differencesare:

(Figures in `)

Particulars Upto 31st For the Upto 31st

March, year March,

2011 2011-12 2012

Deferred Tax LiabilityDeferred Tax Liabilityarising on account ofDepreciation 16,10,101 (1,16,782) 14,93,319

Deferred Tax AssetsDeferred Tax Assetsarising on account ofProvision for LeaveEncashment and Gratuity 36,50,903 43,91,719 80,42,622

Deferred Tax AssetsDeferred Tax Assetsarising on account ofCarried Forward Loss 37,47,778 (18,78,376) 18,69,402

Deferred Tax (Liability)Assets–Net 57,88,550 26,30,125 84,18,705

5. Fixed Assets

Upto the financial year 1999-2000 the fixed assets acquiredout of grants were charged against the grants and not shownseparately as fixed assets. Between the financial years 2000-2001 to 2005-06, no fixed asset had been acquired out of grants.From the financial year 2006-07, onwards however, FixedAssets/software purchased out of grants have been disclosedat Notional Value in the Schedule of Fixed Assets in accordancewith the Accounting Policy of the company.

Further during the year the fixed assets have been gotphysically verified on 31st March 2012 by a Committee ofthree persons, appointed by the Management and all theassets were found in order and also in active use of theCorporation.

6. Sundry Debtors

(i) Sundry Debtors amounting to ` 161.31 lakhs(` 69.84 lakhs), including ` 43.21 lakhs (` 47.90lakhs) the share of R&D Inst i tut ions areoutstanding for more than three years and are beingpursued for recovery by legal action or otherwiseand hence are not provided for, since the same are



vFkok@v©j vU; mik; viuk, Tkk jgs gSaA pwfd Ácaèku}kjk bUgsa ÁkIRk djuk vHkh ckdh gS vRk% çca/ku usnsunkjksa ij vc rd dqy ` 12-63 yk[k ¼` 12-63yk[k½ dh ,d vfrfjDr rnFkZ O;oLFkk dh gSA

7- iwokZofèk ensa

bl o"kZ iwokZofèk enksa dk C;©jk fuEufyf[kRk fooj.k ds vuqlkjmuds le{k fn, x, ys[kk&'kh"kks± ds uhps fn;k x;k gS%

jkf'k ¼`½ orZeku o"kZ xRk o"kZ

O;;

i) fo|qr vkSj ikoj [kpZ 2]642 &

ii) ;k=k 84]931 &

iii) dkuwuh o O;kolkf;d & 39]600

iv) Mkd fVdV o VsfyQksu & 24]084

vi) deZpkjh ikfjJfed vkSj & 8]538ykHk

;ksx 87]573 72]222

vk;

i) jkW;YVh 72]921 &

8- lgk;Rkk vuqnku

vkfo"dkj laoèkZu dk;ZØe ¼vkb ih ih½ RkFkk Á©|®fxdhÁ®Rlkgu dk;ZØe ¼Vh ih ih½ ls lacafèkRk xfRkfofèk;ka oSKkfudv©j v©|®fxd vuqlaèkku foHkkx ¼dkji®js'ku dk Á'kklfudea=ky;½ ls muds ;®Tkukc) O;; ds vuqlkj vkoRkhZ@okf"kZdlgk;Rkk-vuqnku ds vaRkxZRk lEiUu dh TkkRkh gSaA o"kZ ds nkSjkuvkbZihih vkSj Vhihih fØ;kdykiksa ij dkfeZdksa ds ikfjJfed o ykHkds varxZr dqy ` 222-15 yk[k rFkk ` 315-45 yk[k #i, O;;fd, x, rFkk vuqnku Loh—r djrs gq, ljdkj us Je’kfä ykxrij vkbihih ds fy, 150 yk[k ¼` 125 yk[k½ rFkk Vhihih ds fy,` 150 yk[k ¼` 123 yk[k½ dk vadq’k fu/kkZfjr dj fn;k gS- blys[kk ij vfrfjä jkf’k tSls % vkbihih ds fy, ` 72-15 yk[k¼` 56-98 yk[k½ rFkk Vhihih ds fy, ` 165-45 yk[k ¼` 121-35yk[k½ ,u vkj Mh lh ds ykHk o gkfu fooj.k esa varfjr fd, x, gSaA

9- dkji®js'ku lw{e] y?kq RkFkk eè;e m|e fodkl vfèkfu;e]2006 ds vaRkxZRk lw{e] y?kq RkFkk eè;e LRkj ds m|eksa dk

v|ru fooj.k ÁkIRk djus dk Á;kl dj jgh gSA

10- funs'kd eaMy ds fopkj esa RkFkk mudh Tkkudkjh ,oa fo'oklesa orZeku ifjlaifÙk;®a] _.k®a RkFkk vfxze®a dk ewY; Rkqyu-i=esa cRkk, x, muds ewY; ls de ugha gSA

considered recoverable by the Management. TheManagement had made total adhoc provision of` 12.63 lakhs (` 12.63 lakhs) till date against the saiddebtors.

7. Prior Period Items

Prior period items have been accounted for under therespective heads of accounts during the year as detailed below:

Amount (`)Current Year Previous Year

Expenses

i) Electricity and Power Expenses 2,642 —

ii) Travelling 84,931 —

iii) Legal & Professional — 39,600

iv) Postage & Telephone — 24,084

vi) Employees Remuneration & — 8,538

Benefits

Total 87,573 72,222

Income

i) Royalty 72,921 —

8. Grants-in-Aid

The activities under Invention Promotion Programme(IPP) and Technology Promotion Programme (TPP) are beingcarried out of the recurring/yearly grants-in-aid received fromDepartment of Scientific and Industrial Research (theAdministrative Ministry of the Corporation) under theirplanned schemes/expenditures. The total expenditureincurred under Employees remuneration and benefits duringthe year for activities of IPP and TPP are ` 222.15 lakhsand ` 315.45 lakhs respectively and while sanctioning thegrants the Government has put a cap on manpower cost of` 150 lakhs (` 125 lakhs) for IPP and 150 lakhs (` 123 lakhs)for TPP. The excess expenditure on this account i.e. forIPP 72.15 lakhs (` 56.98 lakhs) and for TPP 165.45 lakhs(` 121.35 lakhs) has been transferred to NRDC Statement ofProfit & Loss.

9. The company is in process of obtaining latest details ofmicro, small & medium enterprises for the purpose ofdisclosure required under Micro, Small & MediumEnterprises Development Act, 2006.

10. In the opinion of the Board of Directors and to the bestof their knowledge and belief the value of current assets,loans and advances is not less than the value at whichthey are stated in the Balance Sheet.


11. Party accounts, in debit/credit, are subject toconfirmation, reconciliation and consequentialadjustment thereof, in any.

12. Disclosure pursuant to accounting standard 15,"Employee Benefits"

Defined Contribution Plans

During the year an amount of 2,81,009 (Previous year` 2,83,364) is recognized as an expense towards theProvident Fund Scheme of the Company under the head"Contribution to Provident and Other Funds".

The Corporation has taken a NRDC Employees GroupGratuity (Cash Accumulation) Scheme masters policyfrom LIC of India to cover liability of payment for Gratuityto its employees on their superannuation/registrationand even in case of their sudden death. The GratuityTrust has formally approved the increase in Gratuity from` 3.50 lakhs to ` 10 lakhs vide resolution and minutesdated 11.10.2011. The LIC has made a demand of` 158.48 lakhs to cover the liability on account of increasein the limit of gratuity. The unfunded liability hasaccordingly been provided for in the books ofaccounts.

2011-12 2010-11` `

Defined Benefit PlansPresent Value of Obligation

Non Funded 1,18,48,270 NILFunded 40,51,110 1,13,64,407

Principle Actuarial Assumptionsin respect of Gratuity

Discounted Rate 8 % 8 %Future Salary Rise 6 % 5.50 %Mortality Table LIC 1994-96 ultimate

2011-12 2010-11` `

Other Long Term LiabilitiesPresent Value of Obligation 2,14,39,695 2,06,81,476Principle Actuarial Assumptionsin respect of Leave Encashment

Discounted Rate 8.50 % 8 %Future Salary Rise 6% 5.50%Mortality Table LIC 1994-96 ultimate

13. Previous year's figures have been rearranged andregrouped wherever necessary so as to make themcomparable with those of the current year.

11- ukes@Tkek esa ikVhZ ds [kkRkksa dh Áfof"V mldh iqf"V] lkeUTkL;RkFkk lek;®Tku] ;fn d®bZ gSa Rk®] ds vuqlkj gksaxsA

12- ^^deZpkjh ykHk** ys[kk ekud 15 ds vuqlkj çdVuA

va'knku ;kstuk dk fu/kkZj.k

o"kZ ds nkSjku ` 2]81]009 ¼xr o"kZ ` 2]83]364½ dh jkf'k dksdaiuh dh Hkfo"; fuf/k ;kstuk gsrw [kpks± esa ekuk x;k gS vkSjbldk 'kh"kZd gS ^^Hkfo"; rFkk vU; fuf/k;ksa esa va'knkuA

dkjiksjs'ku us Hkkjrh; thou chek fuxe ¼,y vkb lh vkWQbafM;k½ ls ,u vkj Mh lh ,aIykbt xzsP;qVh ¼udn lap;½Ldhe yh gS rkfd lsokfuo`[email protected] vkSj vpkud e`R;qgksus ij Hkh deZpkfj;ksa dks xzsP;qVh dk Hkqxrku fd;k tk ldsAxzsP;qVh VªLV us fnukad 11@10@2011 ds ladYi vkSj dk;Zords vuqlkj xzsP;qVh jkf'k esa ` 3-50 yk[k ls ` 10 yk[k rdof) dk vkSipkfjd vuqeksnu fd;k gSA ,y vkb lh us xzsP;qVhjkf'k c<+us ds dkj.k nkf;Roksa dks iwjk djus gsrw 158-48 yk[kdh ekax dh gSA vfuf/kd nkf;Roksa dh rnuqlkj cgh [kkrksa esa

O;oLFkk dj nh xbZ gSA

2011&12 2010&11

` `

fu/kkZfjr ykHk ;kstuk

orZeku ewY; dk vkHkkjxSj fuf/kc) 1]18]48]270 'kwU;fuf/kc) 40]51]110 1]13]64]407

xzsP;qVh ds vuqlkjewy chekafdd vuqeku

NwV dh nj 18 % 8 %Hkkfo"; esa osru o`f) 6 % 5-50 %e`R;q&la[;k lkj.kh % thou chek fuxe 1994&96 ds vk/kkj ij

2011&12 2010&11` `

vU; nh?kZdkfyd nkf;Ro

orZeku ewY; dk vkHkkj 2]14]39]695 2]06]81]476NqfV~V;kas ds udnhdj.k dslaca/k esa ewy chekafdd vuqeku

NwV dh nj 8-50 % 8 %Hkkfo"; esa osru o`f) 6 % 5-50%

e`R;q&la[;k lkj.kh % thou chek fuxe 1994&96 ds vk/kkj ij

13- vko';dRkkuqlkj xRk o"k®± ds vkadM+®a dh iqu% O;oLFkk dh xbZgS RkFkk iqu% ,d= fd;k x;k gS Rkkfd orZeku o"kZ ds vkadM+®als mudh Rkqyuk dh Tkk ldsA




14. Figures are rounded off to the nearest rupee. Figuresin bracket represent previous year figures.

For and on behalf of For and on behalf ofAPRA and Associates the Board of DirectorsChartered AccountantsRegn. No. 011078 N

(Ashok Gupta) (Dr. Rita Kumar) (Ashwani Gupta)Partner Chairman & Managing DirectorMembership DirectorNo. 085683

(Mukund Mehta) (N.K. Upadhyay)Incharge Company Incharge Finance Affairs

Place : New DelhiDate : 8 August 2012

14- vad®a d® fudVRke :i, esa ifjofRkZRk fd;k x;k gSA d®"Bd esanh xbZ jkf'k;ka xRk o"kZ dh gSaA

ÑR® ,oa fufeÙk ÑR® v©j fufeÙk, ih vkj , ,.M vlksfl,V~l funs'kd eaMylunh ys[kkikyiathÑr la[;k 011078 ,u

¼v'kksd xqIrk½ ¼MkW- jhrk dqekj½ ¼v'ouh xqIrk½Hkkxhnkj vè;{k ,oa Ácaèk funs'kdlnL;rk la 085683 funs'kd

¼eqdqan esgrk½ ¼,u-ds- mik/;k;½çHkkjh daiuh dk;Z çHkkjh foÙk

LFkku % ubZ fnYyhfnukad % 8 vxLr 2012


Auditors’ Reportys[kk ijh{kdksa dh fjiksVZ

us'kuy fjlpZ fMosyiesaV dkjiksjs'ku ds lnL;ksa dsle{k izLrqr

1- geus us'kuy fjlpZ fMosyiesaV dkjiksjs'ku ds 31 ekpZ] 2012dks lekIr layXu rqyu-i= dh mlh frfFk dks lekIr o"kZ dsfy, dkjiksjs'ku ds ykHk vkSj gkfu fooj.k dh Hkh tkap dj yhgSA bu foÙkh; fooj.kksa ds fy, daiuh izcaèku mÙkjnk;h gSAgekjk mÙkjnkf;Ro bu foÙkh; fooj.kksa ds fo"k; esa dh xbZ ys[kkijh{kk ij vius fopkj izLrqr djuk gSA

2- geus viuh ys[kk ijh{kk lkekU;r% Hkkjr esa LohÑr ys[kkijh{kk ekudksa ds vuqlkj dh gSA mu ekudksa ds vuqlkjys[kk ijh{kk ds nkSjku bl izdkj dk vk'oklu izkIr djukgksrk gS fd foÙkh; fooj.k fdlh Hkh izdkj ls xyr u gksaAys[kk ijh{kk ds vUrxZr foÙkh; fooj.kksa ds Li"Vhdj.k rFkkjkf'k;ksa ds leFkZu esa fn, x, lk{;ksa dh ijh{k.k ds vkèkkjij tkap dh tkrh gSA ys[kk ijh{kk esa bLrseky fd, x, ys[kkfl)karksa] izcaèku }kjk izLrqr egRoiw.kZ vuqekuksa vkSj laiw.kZys[kk fooj.kksa dk ewY;kadu fd;k tkrk gSA gekjk fo'okl gSfd gekjs fopkj iw.kZr% gekjh ys[kk ijh{kk ij vkèkkfjr gSaA

3- daiuh vfèkfu;e 1956 dh èkkjk 227 dh mi èkkjk ¼4 ,½ dsvuqlkj ns'k dh dsUnz ljdkj }kjk tkjh daiuh ¼ys[kk ijh{kdksa dhfji®VZ½ ¼la'k®èku½ vkns'k 2004] }kjk la'k®fèkRk daiuh ¼ys[kkijh{kdksa dh fji®VZ½ vkns'k] 2003 ds iSjk 4 o 5 esa fufnZ"V fo"k;oLrq ykxw ugha gSaA

vfrfjDr gesa dguk gS fd%

d- bl fjiksVZ ds iSjk 3 (N) esa nh xbZ tkudkjh dks NksM+ dj gesaos lwpuk,a vkSj Li"Vhdj.k izkIr gks x, gSa ftUgsa ge viuhloksZÙke tkudkjh vkSj fo'okl ds vuqlkj ys[kk ijh{k.k dsfy, vko';d le>rs FksA

[k- bl fjiksVZ ds iSjk 3 (N) esa nh xbZ tkudkjh dks NksM+ djgekjh jk; esa fofèk }kjk visf{kr mfpr cfg;ka dkjiksjs'ku }kjkj[kh xbZ gSa vkSj ,slk mudh tkap ls irk pyrk gSA

x- rqyu-i= vkSj ykHk vkSj gkfu fooj.k ftudk o.kZu fjiksVZ esafd;k x;k gS] ys[kk cfg;ksa ds vuqdwy gSA

?k- gekjh jk; esa bl fjiksVZ ds ykHk vkSj gkfu fooj.k o rqyu i=ys[kk ekudksa ds vuq:i ugha gSa tks mièkkjk 3 lh ,oa èkkjk 211daiuh vfèkfu;e 1956 esa fn;k x;k gS %

¼i½ ys[kk uhfr la- 2 ds vuqlkj jktLo Lohdfr o udn vkèkkjij izhfe;e] izdVhdj.k 'kqYd] vkfo"dkj lao/kZu dk;ZØe dsvarxZr if=dkvksa dk xzkgd 'kqYd rFkk jkW;YVh dk dqN Hkkx udn

To the Members of National Research DevelopmentCorporation

1. We have audited the attached Balance Sheet of NationalResearch Development Corporation as at 31st March, 2012and also the Statement of Profit and Loss for the yearended on that date annexed thereto. These financialstatements are the responsibility of the company'smanagement. Our responsibility is to express an opinionon these financial statements based on our audit.

2. We conducted our audit in accordance with the standardson auditing generally accepted in India. Those standardsrequire that we plan and perform the audit to obtainreasonable assurance about whether the financialstatements are free of material misstatement. An auditincludes examining, on a test basis, evidence supportingthe amounts and disclosures in the financial statements.An audit also includes assessing the accounting principlesused and significant estimates made by management, aswell as evaluating the overall financial statementpresentation. We believe that our audit provides areasonable basis for our opinion.

3. The matter specified in paragraph 4 and 5 of theCompanies (Auditor's Report) Order, 2003 as amendedby the Companies (Auditor's Report) (Amendment) order2004 issued by the Central Government of India in termsof sub-section (4A) of section 227 of the CompaniesAct, 1956 are not applicable.

Further we report that:

a) We have obtained all the information and explanations,which to the best of our knowledge and belief werenecessary for the purposes of our audit except indicatedin this report under Para 3 (f);

b) In our opinion, proper books of account as required bylaw have been kept by the company so far as appearsfrom our examination of those books except indicated inthis report under Para 3 (f);

c) The Balance Sheet and Statement of Profit & Loss dealtwith by this report are in agreement with the books ofaccount;

d) In our opinion, the Balance Sheet and Statement ofProfit & Loss dealt with by this report do not comply withthe Accounting Standards referred to in sub-section (3C) ofSection 211 of the Companies Act 1956, relating to :

(i) Accounting Policy No. 2 with regards to revenuerecognition and accounting on cash basis of premia,disclosure fee, subscription for magazines under Invention



vk/kkj ij rFkk dqN Hkkx laHkwfr vk/kkj ij] fodkl _.kksa ij C;kt]nsj ls izkIr jkW;YVh ij C;kt vkSj Hkkjrh; lunh ys[kk iky laLFkku}kjk ?kksf"kr ys[kk ekudksa ¼, ,l 9½ ds vuqlkj iqf"Vdj.k esa ughagSA vuqlwph esa ys[kkuhfr la- 1 esa izkIr lanHkZA

¼ii½ Hkkjrh; lunh ys[kkiky laLFkku }kjk lqLi"V fd, x,ys[kk fuos'k ij ys[kk ekud , ,l 13 ds vuqlkj nh?kZdkyhufuos'k esa jkf'k j[kus ds laca/k esa O;kikj fuos'k dh dher esa fujarjdVkSrh ds ckotwn LFkkbZ dVkSrh dks ykHk vkSj gkfu fooj.k esa olwyktkuk pkfg, ¼m)`r½A lanHkZ ys[kk uhfr la- 7 ls fy;k x;k gSA

M- lwfpr fd;k tkrk gS fd ,d ljdkjh daiuh gksus ds dkj.kdaiuh vfèkfu;e 1956 dh èkkjk 274 dh mi/kkjk ¼1½ dk [kaM¼th½ bl ij ykxw ugha gksrkA

p- fuEufyf[kr ij Hkh /;ku nsa %

i. yacs le; ls cM+h la[;k esa vuqKfIr/kkfj;ksa ls dksbZvkxe@lwpuk çkIr ugha gqbZ vFkkrZ~ 'kwU; vkxe çkIr gqbZ gSrnuqlkj ,sls ekeyksa esa dksbZ ys[kk dk;Z Hkh ugha gks ldkAvU; ekeyksa esa fVIi.kh la- 2 ds v/khu ys[kk uhfr la- 2 dsvuqlkj vuqKfIr/kkfj;ksa ls ,slh çkfIr;ksa vFkok vkxe@lwpukçkIr gksus ds vk/kkj ij mudk ys[kk fooj.k fn;k tkrk gSA,slk Hkh ik;k x;k gS fd vkxe çkIr gksus ij Hkh mDr ys[kkuhfr dk ikyu ugha fd;k x;k gSA vf/kdka'k ekeyksa esa tgkavuqKfIr/kkfj;ksa ls bl çdkj dh jkW;YVh çkIr gqbZ Hkh gSogka mudh ;FkkFkZrk Li"V djus ds fy, i;kZIr Lora=lR;kiu ugha djk;k x;kA fofHkUu vuqKfIr/kkfj;ksa ls çkIrdh tkus okyh vFkok mudh cdk;k jkW;YVh ds fy, Hkhmi;qDr fjdkMZ ugha j[kk x;k gSA Ñi;k bl fjiksVZ dsiSjk 3 ¼d½ (i) vkSj iSjk 3 ¼N½ (iii) ds vUrZxr gekjsfopkjksa dks Hkh ns[ksaA

ii. fVIi.kh 35 ¼11½ cgqr lh çfof"V;ks a@[kkrs tks dkQh

le; ls vLi"V gS a muds brus yacs le; ls cdk;k

jgus dks dksbZ larks"ktud dkj.k ;k nLrkost Hkh

miyC/k ugha gSA leku ikVhZ ds le{k jkf'k ns; vkSj

çkI; nksuks a rjg ls fn[kkbZ xbZ gSA ikVhZ [kkrks a dh iw.kZ

iqf"V ds i'pkr~ gh mues a laca/k LFkkfir fd;k tk

ldrk gSA blfy, bl fo"k; es a fopkj çdV ugha fd,

Promotion Programme and accounting of royalty partly oncash basis and partly on accrual basis, interest on developmentloans, interest on delayed payment of royalty are not inconformity with Accounting Standard AS-9 pronouncedby Institute of Chartered Accountants of India. Referenceis also invited to Accounting Policy No. 1 under Note No. 2and

(ii) Accounting Standard AS-13 on Accounting forInvestments pronounced by Institute of CharteredAccountants of India in respect of Carrying Amount of LongTerm Investment which states that permanent reduction to becharged to Statement of Profit & Loss, which is not beingfollowed inspite of continuous reduction in the value of oneof the trade investment (quoted). Reference is also invited toAccounting Policy No. 7;

e) We report that clause (g) of sub-section (1) of section274 of the Companies Act, 1956 is not applicable being aGovernment Company;

f) Attention is also invited to :

i. No returns/information or nil returns have been receivedfor a considerable period in case of large number oflicensees and accordingly no accounting has been donein such cases. In other cases it is stated to be accountedfor only in cases on and on the basis of such reciepts ofreturns/information from licensee in terms of AccountingPolicy No. 2 under Note No. 2. Also instances havebeen noticed where the said Accounting Policy has notbeen followed while recognizing revenue. No adequateindependent verification has been done to determinethe accuracy/correctness of the Royalty to be receivedfrom Licensees in most of the cases where such returnshave been received. Proper records/books have not beenmaintained relating to royalty due and to be receivedfrom the various Licensees given. Please also refer toour observations under Para 3(d)(i) and Para 3(f)(iii) ofthis report;

ii. Note 35 (11) regarding the partly accounts, both debitsand credits are subject to proer reconciliation,confirmation and consequential adjustments. There arelarge numbers of entries/accounts which continue toremain unclear for a considerable period and nosatisfactory reasons or documents have been madeavailable for the reasons of remaining outstanding forscuh a long period. Amount lying both as payable andrecoverable against the same party, if any, can be fullylinked after complete reconciliation and confirmation of



tk ldrs fd leku nkf;Ro@gkfu;ka vFkok vk; [kkrks adh iqf"V ds i'pkr~ mRiUu gksrh gS a vFkok ughaA

iii. fVIi.kh 35 ¼9½ lw{e] NksVs rFkk e/;e miØe fodkl vfèkfu;e]2006 ds vUrxZr lw{e] NksVs rFkk e/;e miØeksa ds visf{krfooj.k ds vçdVu ls lacaf/kr gSaA

.iv. fVIi.kh la- 2 ds v/khu ys[kk uhfr la- 6 fofo/k nsunkjksa rFkklafnX/k _.kksa ds laca/k esa gS vkSj fVIi.kh la- 36@5 ¼6½]lafnXèk _.kksa ds fy, o"kZ esa dksbZ çko/kku ugha fd;k x;k gStcfd nsunkjksa dh la[;k esa egRoiw.kZ o`f) gqbZ gS rFkk cM+hek=k esa cdk;k jkf'k iM+h gSA o"kZ 2011&12 esa fofo/k nsunkjksadh la[;k 10]35]79]457 ls c<+ dj 11]58]35]678 gks xbZvkSj buesa ls 6 ekl dh vof/k ls vf/kd le; ls cdk;k rFkk'kks/k le>s tkus okys _.k ` 5]51]55]136 ls c<+ dj` 8]59]64]590 gks x,A vFkkrZ~ o"kZ esa djhc 56 çfr'kr dhc<+rA rFkkfi] lafnXèk _.kksa ds fy, çko/kkuksa dks xr o"kZ ds` 12]63]365 ds leku gh lqjf{kr j[kk gSA le; lhek esavkus okys _.kksa dh fu;ekuqlkj dsl ds v/kkj ij tkap djusdh vko';drk gS rFkk ?kkVksa dks cÍs [kkrs esa Mkyk x;k gSAÑi;k bl fjiksVZ ds iSjk 3 ¼?k½ (i) vkSj iSjk 3 ¼N½ (i) vkSj(iii) ds vUrZxr gekjs fopkjksa dks Hkh ns[ksaA

v. fVIi.kh la- 2 ds v/khu ys[kk uhfr la- 10 (ii) osru o`f) dsifj.kker% NqfÍ;ksa ds udnhdj.k ds 1@5osa vfrfjDr çkoèkkuls lacaf/kr gSa ftlds dkj.k dkjiksjs'ku ds dk;Z ifj.kkeksa ijçHkko iM+k gSA

vi. laLFkk ds varÆu;eksa 6 ds vuqlkj daiuh ds fdlh Hkh osruçkIr lnL; dks fdlh Hkh çdkj dk ikfjJfed vFkok vU;ykHk çnku ugha fd, tk,axs blds vfrfjDr ,sls fdlh HkhlnL; dks osru çkIr inksa ij fu;qDr Hkh ugha fd;k tk,xk30@11@2011 rd ykxw vkSj 1@12@2011 ls çHkkoh bl[kaM esa la'kks/ku fd;k x;k gS rFkk lacaf/kr vuqNsnksa dksvarÆu;eksa esa ls gVk fn;k x;k gSA vuqNsn 6 ¼d½ (i) dsvuqlkj dkjiksjs'ku ds ykHk vkSj vU; vk;ksa dk mi;ksxfoKku ds vuqç;ksx] fodkl rFkk lao/kZu ds fy, mi;ksx fd;ktk,xkA lkFk gh fnukad 27@11@1953 dks ,u vkj Mh lh dksfn, x, daiuh vf/kfu;e] 1913 dh /kkjk 25 ds vèkhu 'krZla- 3 ds vuqlkj dkjiksjs'ku dk dksbZ Hkh lnL; dkjiksjs'kuds osru;qDr in ds fy, vkosnu ugha dj ldrk vFkokdkjiksjs'ku ds fdlh Hkh lnL; dks fdlh Hkh lnL; dks fdlhin ij 'kqYd ugha çnku fd;k tk,xkA Jh lkseukFk ?kks"k o"kZds nkSjku osru çkIr v/;{k ,oe~ çca/k funs'kd ds :i esa1@12@2011 rd dkjiksjs'ku ds lnL; Fks muds ikl

party accounts. Therefore view cannot be expressedwhether some Liability/Losses or Income may arise aftertheir reconciliations and confirmation;

iii. Note No. 35 (9) regarding non disclosure of requireddetails of micro, small and medium enterprises underMicro, Small and Medium Enterprises Development Act,2006;

iv. Accounting Policy No. 6 under Note No. 2 regardingSundry Debotors and Provisions for Doubtful Debtsand Note No. 35 (6), no provision has been made duringthe year for doubtful debts even though there issubstantial increase in debotors and there are large oldoutstanding amounts. The sundry debtors haveincreased in 2011-12 from ` 10,35,79,457 to` 11,58,35,678 and out of it, the debts outstanding for aperiod exceeding 6 months and considered good havegone up from 5,51,55,136 to 8,59,64,590, an increaseof 56% approximately during the year. However theprovision for doubtful debts has been retained as oflast year to ` 12,63,365. Also continuation of debtorswhich are time barred as per law needs reconsiderationon case to case basis and losses written off. Please alsorefer to our observations under Para 3(d)(i) and Para3(f)(i) and (iii) of this report;

v. Accounting Policy No. 10 (ii) under Note No. 2 aboutone fifth of additional provision of encashment ofleave on account of wage revision is an exceptionalitem which affect the working results of theCorporation and

vi. As per Article 6 of the Articles of Association, noremuneration or other benefits shall be given to any ofits Members and also no Member shall be appointed toany office which is remunerated by salary (Applicableupto 30/11/2011 as w.e.f. 1/12/2011, this clause has beenamended and relevant paras have been deleted in theArticles). As per Articles 6(a)(i) the profits or otherincome of the Corporation have to be applied forpromoting, development and application of science.Also as per condition no. 3 of the License underSection 25 of the Indian Companies Act, 1913, given toNRDC on 27.11.1953, no Member of the Corporationshall be appointed to any salaried office of theCorporation or any office there of paid by fees. Mr.Somenath Ghosh was a Member of the Corporation upto1/12/2011, holding share number 999 and was workingas Chairman and Managing Director as salariedemployee during the year also (suspended from 13/1/



daiuh ds 999 'ks;j Fks ¼Hkkjr ljdkj }kjk fnukad 13@1@2011ls yafcr½ fnukad 1@4@2011 ls 30@11@2011 rd v/;{k,oe~ çca/k funs'kd ds :i esa muds osru rFkk ykHkksa dh dqyjkf'k 7]07]679 fu/kkZfjr dh xbZ ¼xr laiw.kZ o"kZ ds fy, ;gjkf'k ` 17]59]497 Fkh½A

N- mijksDr iSjk ¼d½] ¼[k½ rFkk ¼N½ vkSj of.kZr ekeyksa ds lacaèk esamiyCèk lwpukvksa ds vuqlkj fuos'k@vnk;fx;ksa@nkoksa dh olwyhls tqM+h vfuf'prrkvksa dks ns[krs gq, o"kZ dh vk; ij iM+us okysizfrdwy izHkko ds izlkj rFkk rqyu&i= esa ifjlaifÙk;ksa o nkf;Roksadk fooj.k mijksDr iSjk esa fufgr vafre ifj.kke vkSj fVIif.k;ksalfgr fuf'pr rkSj ij ugha Li"V fd;k tk ldrkA

t- gekjs fopkj ls o gekjh tkudkjh rFkk gesa fn, x,Li"Vhdj.kksa ds vuqlkj mi;qZDr ys[ks dEiuh vfèkfu;e1956 }kjk ekaxh xbZ visf{kr tkudkjh iznku djrs gSa rFkkmijksDr iSjk la- (d½] ([k½] (?k½ vkSj ¼N½ ij nh xbZfVIif.k;ksa ds vk/kkj ij os Hkkjr esa LohÑr lkekU; ys[kkfl)karksa dh iqf"V esa lgh vkSj lR; n`f"Vdks.k iznku djrsgSa %

¼d½ 31 ekpZ] 2011 dks lekIr o"kZ ds fy, dkjiksjs'ku dsdk;Zdykiksa ls lacafèkr rqyu-i= ds fo"k; esa]

¼[k½ leku frfFk dks lekIr o"kZ gsrq vk; ij O;; dhvfèkdrk ds ykHk vkSj gkfu fooj.k ds lacaèk esaA

Ñrs , ih vkj , ,aM vlksfl,V~llunh ys[kkiky

iathÑr la- 011078 ,u

¼v'kksd xqIrk½Hkkxhnkj

lnL;rk la- 085683

fnukad % 8 vxLr 2012LFkku % ubZ fnYyh

2011 onwards by the Govt. of India). The total amountbooked during the period from 1/4/2011 to 30/11/2011as salary and benefits to CMD is ` 7,07 679 (previousyear 17,59 ,497 for the full year);

g. We further report that in respect of matters described inthe above paras (a), (d) and (f) from the availableinformation, the extent of adverse effect on the incomefor the year and the assets and liabilities appearing inthe Balance Sheet can not be ascertained on account ofuncertainties associated with the final outcome andobservations contained therein above Paras;

h. In our opinion and to the best of our information,and according to the explanations given to us, thesaid accounts give the information required by theCompanies Act, 1956 in the manner so required andgive a true and fair view in conformity with theaccounting principles generally accepted in Indiasubject to the comments given in Paras Nos. (a), (b),(d) and (f) above,

(a) In the case of the Balance Sheet, of the state ofaffairs of the Company as at 31st March, 2012; and

(b) In the case of the Statement of Profit & Loss of theExcess of Expenditure over Income for the yearended on that date.

For APRA & Associates

Chartered Accountants

Regn. No. 011078 N

(Ashok Gupta)Partner

Membership No. 085683

Date : 8 August 2012

Place : New Delhi


us'kuy fjlpZ fMosyiesaV dkjiksjs'ku] ubZ fnYyh ds 31 ekpZ] 2012dks lekIr gksus okys o"kZ ds ys[kksa ij daiuh vfèkfu;e 1956 dhèkkjk 619 ¼4½ ds varxZr Hkkjr ds fu;a=d vkSj egkys[kk ijh{kddh fVIi.kh

daiuh vfèkfu;e 1956 ds vaRkxZRk fuèkkZfjRk foÙkh; fooj.k ÁLRkqfRkdj.k<kaps ds vuq:i 31 ekpZ 2012 d® lekIRk o"kZ gsRkq us'kuy fjlpZ fMosyiesaVdkji®js'ku ds foÙkh; fooj.k d® R©;kj djuk daiuh ds Ácaèku dk mÙkjnkf;RogSA daiuh vfèkfu;e 1956 dh èkkjk 619 ¼2½ ds vaRkxZRk bu foÙkh; fooj.kksa ijdaiuh vfèkfu;e 1956 dh èkkjk 227 ds vaRkxZRk viuh jk; ;k fopkj ÁLRkqRkdjus dk mÙkjnkf;Ro HkkjRk ds fu;a=d v©j egkys[kk ijh{kd }kjk fu;qDRkoSèkkfud ys[kk ijh{kdksa dk gS Tk® HkkjRkh; lunh ys[kkiky laLFkku dsO;kolkf;d fudk; }kjk fuèkkZfjRk ys[kk ijh{k.k v©j ÁR;kHkwfRk ekudksa ds}kjk LoRka= ys[kk ijh{kk ij vkèkkfjRk gSa Tk® fd mudh ys[kk ijh{kk fji®VZ08-08-2012 ds vuqlkj iwjk dj fy;k x;k gSA

eSaus] fu;a=d v©j egkys[kk ijh{kd dh v®j ls fnukad 31 ekpZ]2012 d® lekIRk o"kZ ds fy, us'kuy fjlpZ fMosyiesaV dkji®js'ku dsdaiuh vfèkfu;e] 1956 dh èkkjk 619 ¼3½ ¼[k½ ds v/khu iwjd ys[kk&ijh{kklaiUu dhA ;g iwjd ys[kk&ijh{kk Lora= :i ls dh xbZ gS blds fy,oSèkkfud ys[kk&ijh{kdksa }kjk çLrqr dk;Z laca/kh dkxtksa dk voyksduugha fd;k x;kA ;g ys[kk&ijh{kk oSèkkfud ys[kk&ijh{kdksa] daiuh dÆedksadh ç/kku tkap rFkk dqN ys[kk vfHkys[kks a dh p;fur tkap rd lhfer gSA

esjh iwjd ys[kk&ijh{kk ds vk/kkj ij esjh tkudkjh es a ,slk dqNHkh egRoiw.k Z Li"V ugha gqvk ftlls daiuh vf/kfu;e] 1956 dh /kkjk619 ¼4½ ds vUrxZr oS/kkfud ys[kk&ijh{kdksa dh fjiksVZ ij d®bZ fVIi.kh dhtk,A

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LFkku % ubZ fnYyh insu lnL;] ys[kk ijh{kk cksMZ&IVfnukad % 31 vxLr 2012

Comments of the Comptroller and Auditor General of Indiaunder Section 619 (4) of the Companies Act, 1956 on theaccounts of National Research Development Corporation forthe year ended 31 March, 2012

The preparation of financial statements of National ResearchDevelopment Corporation for the year ended 31 March 2012 inaccordance with the financial reporting framework prescribed underthe Companies Act, 1956 is the responsibility of the managementof the Company. The Statutory Auditors appointed by the Comptrollerand Auditor General of India under Section 619 (2) of the CompaniesAct, 1956 are responsible for expressing opinion on these financialstatements under Section 227 of the Companies Act, 1956 based onindependent audit in accordance with the Auditing and AssuranceStandards prescribed by their professional body, the Institute ofChartered Accountants of India. This is stated to have been done bythem vide their Audit Report dated 08.08.2012.

I, on the behalf of the Comptroller and Auditor General ofIndia, conducted a supplementary audit under Section 619 (3) (b) ofthe Companies Act, 1956 of the financial statements of NationalResearch Development Corporation for the year ended 31 March2012. This supplementary audit has been carried out independentlywithout access to the working papers of the statutory auditors andis limited primarily to inquiries of the statutory auditors and companypersonnel and a selective examination of some of the accountingrecords.

Based on my supplementary audit, nothing significant hascome to my knowledge which would give rise to any comment uponor supplement to Statutory Auditor's Report under Section 619 (4)of the Companies Act, 1956.

For and on the behalf of theComptroller and Auditor General of India

(John K. Sellate)Principal Director of Commercial Audit &

Ex-officio Member, Audit Board-IVPlace : New DelhiDated : 31 August 2012

la[;k@No. 46-PDCA/HS/MAB/-IV/NRDC/A/cs/12-13/1387

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la[;k@No. 46-PDCA/HS/MAB/-IV/NRDC/A/cs/12-13/1387

Office of the Principal Director of Commercial

Audit & Ex-Officio Member, Audit Board-1V, New Delhi

Dated : 3-9-2012

To

The Chairman & Managing DirectorNational Research Development CorporationAnusandhan Vikas, 20-22, Zamroodpur Comm. CentreKailash Colony Exentsion, New Delhi 110048

Subject: Comments of the Comptroller & Auditor General of Indiaunder Section 619 (4) of the Companies Act, 1956 on theaccounts of National Research Development Corporationfor the year ended 31 March 2012.

Sir,I am to enclose herewith the comments of the Comptoller

and Auditor General of India Section 619 (4) of the CompaniesAct, 1956 on the accounts of National Research DevelopmentCorporation for the year ended 31 March 2012.

The receipt of this letter may kindly be acknowledged.

Yours faithfully,

(John K. Sellate)Principal Director of Commercial Audit &

Ex-Officio Member, Audit Board-IV

Encl.: As above.


gekjk LoIu gS fo’o Lrjh; O;kikfjdlsok,a miyC/k djkuk tks Hkkjrh;eukso`fÙk;ksa esa izkS|ksfxdh; fopkjksa dsfodkl gsrq rFkk fo’o cktkjksa esa mudsizpkj o ekuoh; vko’;drkvksa dks iwjkdjus ds fy, iw.kZr% lefiZr gSA

Our vision is to be a provider ofworld-class business services devoted tothe nurture of technological ideas inIndian minds; to their propagation inworld markets and to satisfy humanneeds.

gekjk mn~ns’; gS Lo;a dks izR;sdfØ;kdykiksa esa ykHkdkjh <ax ls layXudj vius LoIu dks iwjk djuk ftllsuohu izkS|ksfxfd;ksa dks bl ;ksX; cuk;ktk lds ftlls og vius lzksr fcUnqvksavFkkZr~ izkjfEHkd voLFkk ls fudy djiwjs fo’o ls] fo’o O;kikj esa lqxerk lsxeu dj ldsaA

Our mission is to fulfil our vision

by engaging profitably in all activities

germane to enabling new technologies

to transit smoothly from their source

points, through the corporate world into

global commerce.

us’kuYk fjlpZ fMosYkiesaV dkjiksjs’kuus’kuYk fjlpZ fMosYkiesaV dkjiksjs’ku[oSKkfud vkSj vkS|ksfXkd vuqla/kku foHkkXk] foKku vkSj IkzkS|ksfXkdh ea=kYk;] Hkkjr ljdkj dk m|e]

National Research Development CorporationNational Research Development Corporation[An Enterprise of DSIR, Ministry of Science and Technology, Govt. of India]

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dSyk'k dkyksuh ,DlVsa'ku] ubZ fnYyh-110 048nwjHkk"k % 91-11-29240401-08 ¼8 ykbu½

QSDl % 91-11-29240409] 029240410bZ-esy % [email protected]

osclkbV % www.nrdcindia.com

National Research Development Corporation[An Enterprise of Department of Scientifi c and Industrial Research, Ministry of Science & Technology, Govt. of India]20-22, Zamroodpur Community CentreKailash Colony Extension, New Delhi-110 048Tel : 91-11-29240401-08 (8 lines)Fax : 91-11-29240409, 91-11-29240410 E-mail : [email protected] : www.nrdcindia.com