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Kiran Mazumdar Shaw resigns from TERI

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By NewsGram Staff Writer

NEW DELHI: Kiran Mazumdar Shaw has resigned from the governing council of The Energy and Resources Institute (TERI). She cited “moral responsibility” as the reason for her resignation.

The governing council in TERI has been criticized for months for remaining largely silent about the harassment charges. Dr RK Pachauri, who is facing charges of sexual harassment at workplace, was recently removed from the post by the governing council and Dr Ajay Mathur was chosen as his successor.

RK Pachauri
RK Pachauri

The functioning of the governing council was questioned by the 29-year-old research analyst who has accused Pachauri of sexually harassing her, stalking and intimidating her.

Referring to the ongoing case against Pachauri, Mazumdar said she “refused to be dragged in an extremely contentious issue”. She submitted that since she has never remained an “active member” of the governing council, it was her “moral responsibility” to not opine on an issue which she is not totally conversant with.

The IIM-Bangalore chairperson is considered as one of the most powerful women in the world, featuring on the Financial Times’ top 50 women in business list and was last year listed as the 92nd most powerful woman in the world by Forbes.

In a letter to Prime Minister Narendra Modi last month, the complainant in the case has hit out at the TERI governing council for “their scary silence and inaction on this issue”, claiming that a press statement to appoint a new DG in Dr Pachauri’s place was merely a “white wash”.

 

 

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Shaw: India needs to up its game in Science and Technology

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Bengaluru: Biocon chairperson Kiran Mazumdar Shaw stated on Tuesday that India continues to be a sub-optimal country when it comes to investing in the science and technology sector.

Biocon Limited is an Indian bio-pharmaceutical company based in Bangalore, India headed by Indian entrepreneur Kiran Mazumdar Shaw. Shaw was awarded the Othmer Gold Medal for her outstanding contributions to the progress of science and chemistry in 2014.

“Amongst all the countries who invest in science and technology, we are at a sub-optimal level,” said Shaw at Bangalore India Bio.

Referring to South Korea, which is leading investments in science and technology, she said: “I think India needs to basically up its game in science and technology through greater investments.”

She requested the government to increase science and technology investments as it is the future of India.

According to the Biocon chairperson, India needs to invest $5 billion in biotechnology to achieve the target of growing the sector to $100 billion by 2025.

“Today biotechnology is a $11 billion sector, growing at a compounded annual growth rate of 20 percent. We also are aspiring to be a $100 billion sector by 2025,” she said.

Addressing the 16th edition of Bangalore India Bio, Union Science and Technology Minister Harsh Vardhan said: “A lot has been achieved in this field in the last 30 years. Bangalore is not only the hub of bio-tech, it is also the destination of all scientists in India. It is the science hub for India.”

He said the government allotted Rs 10,000 to support entrepreneurs and startups in biotechnology.

Scheduled from February 9-11, Bangalore India Bio will cover a spectrum of activities which include an international trade show, keynote talks and multi-track conferences among others.

As many as 25 sessions featuring 110 speakers will deliberate on topics like making tomorrow’s medicine, oncology and precision medicine, rare diseases and orphan drugs, agribiotechnology, synthetic bio-fuels and others. (IANS)

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