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