Centre allocates R 40 cr for setting up plastic park in Odisha
The Centre has sanctioned Rs 40 crore for setting up a plastic park in Odisha, minister of state for chemicals and fertilisers Srikant Jena said. The park will be set up at Siju village in the Jagatsinghpur district through a special purpose vehicle Paradeep, Plastic Park Ltd. Besides, a Plastic, Polymer & Allied Cluster and an Advanced Plastics Processing Technology Centre are being set up in Balasore, Jena said.
Micro tea factory inaugurated in Tamil Nadu
A micro tea factory, claimed to be the first of its kind in private sector, was inaugurated near Kotagiri, about 30 km from Udhgamandalam, which would produce high quality orthodox tea priced at R300-500. Set up at a cost of R10 lakh, the factory located at Jakkanarai, has a capacity to produce 25 to 40 kg of tea per day, which would benefit small growers, holding three to five acres of tea estate. R Ambalavanan, executive director, Tea Board of India, said small growers would be encouraged to start such units.
B'lore-based startup founders win Economist Innovation Award
Rahul Panicker, Jane Chen, Linus Liang and Naganand Murty of Embrace Innovations, have been named as this year's winners in Social and Economic innovation of The Economist's Innovation Award for their design and development of a new infant warmer for developing countries. Panicker and Murty, both IIT graduates, are the first Indians to win The Economist Innovation Award after Sam Pitroda in 2006 and NR Narayana Murthy in 2007, Embrace Innovations said. According to WHO, of the 15 million premature and low-birth-weight babies born each year, three million die within the first monthabout 340 every hour. Such babies are kept in incubators, which require a constant supply of electricity. The awardees had developed an infant warmer technology, as part of a class project at Stanford University's design school. Over 39,000 babies in a dozen countries have already benefitted from this lifesaving innovation.