The Union Cabinet, at a meeting chaired by Prime Minister Manmohan Singh, approved the setting up of the North East Centre for Technology Application and Reach (NECTAR) at Shillong, Meghalaya.
The total expenditure involved in setting up NECTAR will be Rs 292 crore during the 12th Plan period.
NECTAR would promote deployment of carefully selected technologies, emanating from the public funded research institutions under Government of India and State Governments, in consultation with the respective state governments, after assessing their application potentials, an official release said.