Science and Technology Minister, Dr Jitendra Singh, today said that India’s early investment and innovation in bio-technology will give it an edge over other countries and pay huge dividends in the future. Addressing a press briefing in New Delhi, Dr Singh said that the Government’s Bio-E3 policy has made the once-ignored field of bio-tech into one of the most sought-after disciplines amongst the youth. He added that the field has shown tremendous growth potential and is projected to add 300 billion dollars to the economy by 2030. The Minister noted that innovations in the field have enabled customised medical treatment and the creation of sustainable food alternatives. He also highlighted the importance of the tests and experiments in bio-technology conducted during the Axiom-4 mission. He underlined that the research findings will be relevant not just for India but rest of the world, realising the vision of Vishwabandhu Bharat.

 

 

 

During the event, the Minister also launched the “D.E.S.I.G.N. for BioE3” challenge for the youth as well as the first National Biofoundry Network. Under this challenge, participants are required to design a new biological system, like a microbe, enzyme or protein, which will address real-world challenges and influence national priorities. The challenge will be available across two categories, where the first category will be open to school students, while the second category will be open to all Indian nationals. Top 10 Hackathon winning solutions in the second category will be awarded one lakh rupees each and d further opportunity for implementation.

 

 

 Meanwhile, under the national biofoundry network, 6 institutions have been inaugurated to enhance the development of indigenous bio-waste products and skill development.