India’s Bio-Economic Hub                                                                                     

                               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