[icernet] Media Lab Asia recast; to be 100 pc govt-aided entity

[Arul Selvan]

Media Lab Asia, the socio-economic project between Government and MIT of 
US will be completely recast with the project becoming a fully 
Government aided Research and Development entity in the first phase. 
"The agreement with MIT of US finished on March 31 so there will be no 
exclusivity in relationship," Shourie said adding the notices were 
issued to Media Lab Asia management for dispensation. He said the 
project was going to a 100 per cent Government aided R&D institute in 
the beginning.


Source:
http://timesofindia.indiatimes.com/cms.dll/html/uncomp/articleshow?msid=45596026