Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that Northeast is to be developed as India’s Bio-Economic Hub.
The Minister said, the Eastern Himalayan Region is one of the mega-biodiversity rich zones and is among the 34 biodiversity Hotspots of the world. He said, 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. He was speaking after visit to the Institute of Bio-resources and Sustainable Development (IBSD), Imphal.
Dr Jitendra Singh said, 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. He said, 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.
