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India’s Bio-Economic Hub                                                                                     

20th October, 2021

                               Copyright infringement is not intended

 

Context: Union Minister said that Northeast will 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.
  • 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 vision of a 5 trillion-dollar economy by 2024-25.

 

 

 

Need:

  • North Eastern region is a genetic treasure house of plant, animal and microbial resources.
  • To put invaluable genetic resources to use for the economic growth of the region through biotechnological interventions.
  • It will help in recognizing India as a Global Bio-manufacturing Hub by

https://newsonair.gov.in/News?title=Union-Minister-Dr-Jitendra-Singh-says-North-East-will-be-developed-as-India%e2%80%99s-Bio-Economic-Hub&id=428292