India's largest scientific research and development body csir declares financial emergency
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Its Director General, Girish Sahni, has said that out of Rs 40.63 billion (Rs 4,063 crore) budgetary allocation for the current year (2017-18), after meeting the salaries, pensions, capital
and other commitments, "the balance available for laboratory allocations and various new research projects" is only Rs 2.02 billion (Rs 202 crore). Of this, a sum of Rs 1.58
billion (Rs 158 crore) has already been allocated.