Wednesday 4 April 2012

NIPER Technology Development Center (TDC) Falling apart

TDC is falling down.......... 

                       falling down....................

                                                   falling down..............Oh dear BOG

The National Institute of Pharmaceutical Education and Research set up a Technology Development Center (TDC) in the year 2004. The pilot plant and machinery commissioned in June 2004. Since 2004 the NIPER had been providing services of plant and machinery installed in the TDC to M/S Ranbaxy Laboratory Private Limited. CAG (DPC Act 1971) Audit and inspection report on the account of NIPER for the year 2010-11 obtained by RTI.

NIPER worked out monthly expenses for running and maintenance to Rs. 12.60 for the period from 15th july 2008 to 14th July 2009 against which the usage charge were fixed 14.85 per month. (for a 15 crore facility only 2.25 lakh per month income?)

Scrutiny in audit revealed that while preparing the cost sheet depreciation on cost of plant and machinery was charged at 10% since 2004 where as the depreciation on plant and machinery was provided at 15% in the annual accounts of the NIPER. This resulted in under estimate of cost by Rs. 15.56 lakh during 2010 only. Cash-cow is now falling ill without producing anything except loss for NIPER.

The air cooling system installed two years ago at the cost of approx 25 lakhs is falling down due to bad material and workmanship (Somebodies bank account has swollen)

Another Technology development center (formulation) is being made and a proposal for extra  eight crore for the same is being pursued in BOG and Ministry

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