Technology. The grantee organization will have to enter & upload the Utilization Certificate in the PFMS portal besides sending it in physical form to this Division. The subsequent/final installment will be released only after confirmation of the acceptance of the UC by the Division and entry of previous Utilization Certificate in the PFMS.

- 12. grantee organization will maintain separate audited account for the project and the entire amount 12. grantee organization will maintain separate audited account for the project and the entire amount of grant will be kept in an interest bearing bank account. For Grants released during F.Y. 2017-18 and onwards, all interests and other earnings against released Grant shall be remitted to Consolidated Fund of India (through Non-Tax Receipt Portal (NTRP), i.e. www.bharatkosh.gov.in), immediately after finalization of accounts, as it shall not be adjusted towards future release of Grant. Acertificate to this effect shall have to be submitted along with Statement of Expenditure/ Utilization Certificate for considering subsequent release of Grant/ Closure of Project accounts.
- 13. can be terminated by DST at any stage if it is convinced that the Grant has not been properly 13. can be terminated by DST at any stage if it is convinced that the Grant has not been properly utilized or appropriate progress is not being made.
- 14. the Principal Investigator wishes to leave the organization where the project is based, the 14. the Principal Investigator wishes to leave the organization where the project is based, the organization/investigator will inform the same to DST and with its consultation evolve steps to ensure successful completion of the project, before relieving the Principal Investigator. The Investigator should submit three copies of complete and detailed report of the work done by them on the project before leaving the organization.
- 15. proceeds, if any, of the components, prototypes, pilot plants etc. fabricated as a result of the 15. proceeds, if any, of the components, prototypes, pilot plants etc. fabricated as a result of the development of the project arising directly from funds granted by the Department of Science &Technology shall be remitted to the Government of India. The Government of India, may, at its discretion allow a portion of such receipt to be retained by the organization.
- 16. know-how generated from the project would be the property of the Government of India and any 16. know-how generated from the project would be the property of the Government of India and any receipts by way of sale of know-how, utilization of know-how for production, royalties etc. shall belong to the Government of India. The Government of India, may, at its discretion, allow a portion of such receipts to be retained by the organization.
- 17. Principal Investigator / organization will prepare all the documents that would be required for the 17. Principal Investigator / organization will prepare all the documents that would be required for the transfer of know-how to the production agency/agencies and submit them to DST as and when required. The organization will be responsible to transfer the know-how developed to the production agency/ agencies and supply all the needed information to the production agency/ agencies as and when required.
- 18. financial support for manpower and equipment will be provided to the industry. However, industry 18. financial support for manpower and equipment will be provided to the industry. However, industry can hire the manpower through academic institution. Industrial SIROs recognized by DSIR, the release is restricted to 50% of sanctioned amount. The balance 50% is released on the successful completion of the project as the reimbursement.

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