[icernet] Govt Rethink On Media Lab Asia; Revamp On The Cards

[Arul Selvan]

  Eighteen months, Rs 15 crore, over a dozen ongoing research projects 
run by the Indian Institutes of Technology and one extension. With key 
patron former infotech minister Pramod Mahajan no longer around, the 
governments patience with the much-hyped Media Lab Asia (MLA) project 
seems to be running out. On the cards is a complete recast of the model 
and scope of the Rs 5,000 crore joint research outfit floated by the 
department of information technlology and Media Lab, US. The new plan, 
according to highly placed government sources, may limit the involvement 
of Media Lab US in the venture.

Source:
http://www.financialexpress.com/fe_full_story.php?content_id=32243

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Will India Inc give Media Labs lease of life?

According to a news report, India Incs leading representatives like the 
Tatas, Ambanis and Bharti have agreed to fork out Rs 5 crore each for 
the Media Labs Asia project. Prima facie, questions are bound to surface 
whether these contributions will give a fresh lease of life to a massive 
Rs 5,127 crore project dedicated to facilitate information technology 
(IT)-related innovations that benefit the masses.

Source
http://www.financialexpress.com/fe_full_story.php?content_id=22900