The Cabinet Committee on Economic Affairs today approved the proposal of CSIR for the Revised Cost Estimate of its project of setting up a world-class drug research Institute at Lucknow. The estimated cost of the project has been enhanced from Rs.190 crore to Rs. 322.51 crore.
The project is likely to be completed by March 2011.
The proposed facility would generate a world class infrastructure to nurture research and innovation in the area of drug discovery and development and benefit all sections of the society.