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Ecology & Environment
Pradeep Kumar

20/10/21 11:05 AM IST

Bio-Economic Hub

In news

Union Minister Dr Jitendra Singh says, North East to be developed as India’s Bio-Economic Hub.

Aim

This Mission that aims to promote the documentation, scientific validation and evaluation of traditional healthcare practices is an important step and assumes special significance in the context of the vast plant resources and diverse traditional healthcare practices of the North-East. 

Details
  • The Eastern Himalayan Region is one of the mega-biodiversity rich zones and is among the 34 biodiversity Hotspots of the world.
  • 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.
  • 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.
Source: PIB

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