Chaturvedi committee to review the controversial Antrix-Devas deal submitted its report
March 13, 2011 Leave a comment
The high-powered Chaturvedi committee, which was set up to review the controversial Antrix-Devas deal, has submitted its report to Prime Minister Manmohan Singh. A PMO statement said last night that Dr Singh has asked Cabinet Secretary K M Chandrashekar to examine the report and make recommendations on the follow-up action within 15 days.
The two-member committee, comprising BK Chaturvedi and R. Narsimha, was constituted by the Prime Minister to review the technical, commercial, procedural and financial aspects of the deal. The panel had also been asked to suggest correctives and fix responsibility for lapses if any and recommend improvements and changes in processes and procedures followed by Antrix, ISRO and the Department of Space.
The Cabinet Committee on Security, the CCS, at a meeting on February the 17, had recommended scrapping of the controversial deal under which ISRO's commercial arm Antrix had agreed to lease 90 per cent of the scarce S-band space segment capacity on two satellites to private firm Devas for 12 years.