India’s Bio-Economic Hub

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Union Minister of State Dr. Jitendra Singh said that Northeast is to be developed as India’s Bio-Economic Hub.  

Key points:

  • The Eastern Himalayan Region is one of the mega-biodiversity rich zones and is among the 34 biodiversity Hotspots of the world. 
  • There is a need to put these invaluable genetic resources to use for the economic growth of the region in particular and to the nation in general, through biotechnological interventions. 
  • Union Minister also noted that due to consistent and renewed focus of Modi Government, India will be recognized as a Global Bio-manufacturing Hub by 2025 and will figure among the top 5 countries of the world. 
  • India’s Bio-Economy is on its way to achieve 150-billion-dollar target from the current 70 billion-dollar by 2025 and will contribute effectively to the Prime Minister’s vision of a 5 trillion-dollar economy by 2024-25.


Source : PIB

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