Cabinet Approves Bio-RIDE Scheme to Propel Biotechnology Research and Development
Wednesday, 18 September 2024, 04:37
Biotechnology Advances with Bio-RIDE Scheme
The recent approval of the Bio-RIDE scheme by the Union Cabinet, led by Prime Minister Narendra Modi, marks a pivotal moment for biotechnology research in India. This initiative combines two umbrella schemes to bolster the Department of Biotechnology's efforts in promoting research and development.
Key Features of the Bio-RIDE Scheme
- Innovation and Collaboration: Encourages partnerships between educational institutions and industry leaders.
- Enhanced Funding: Provides financial support for critical projects.
- Infrastructure Development: Aims to upgrade facilities and resources for researchers.
This scheme will significantly impact the biotechnology landscape, positioning India as a frontrunner in biotech advancements.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.