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