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BANGALORE: Union Minister for Science and Technology Ashwani Kumar announced that Council of Scientific and Industrial Research (CSIR) and National Aerospace Laboratories (NAL) has completed the feasibility study on the design and development of the Regional Transport Aircraft (RTA).
Addressing the media at NAL campus here on Friday, he said that the estimated cost of the project was `7,555 crore. Explaining further, he said that this would entail the design and development phase of `4,355 crore and a series production phase of `3,200 crore. Stressing that there would be no financial constraints to projects of this nature, Kumar said; "the Government of India fully supports such programmes, irrespective of the financial demands". Though he acknowledged the feat by NAL, he said that much more needed to be done in terms of technology, and later convert this knowledge into strategic advantages and capabilty.Underplaying the remarks made by his cabinet colleague Jairam Ramesh over the quality and contributions of the Indian research institutes, Kumar said that these were 'useless debates' to know if institutes and research organizations in the country were world class or not.
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