Bio-RIDE Scheme: A New Era for Biotechnology in India

Wednesday, 18 September 2024, 04:29

Bio-RIDE scheme has been approved by the Union Cabinet to advance biotechnology. This initiative fosters innovation and bio-entrepreneurship, aiming for sustainability in healthcare and agriculture. With substantial funding, the program targets the enhancement of biomanufacturing.
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Bio-RIDE Scheme: A New Era for Biotechnology in India

Bio-RIDE Initiation

The Union Cabinet, led by PM Narendra Modi, has launched a groundbreaking initiative known as the Bio-RIDE scheme. This strategy is designed to enhance biotechnology research and innovation, paving the way for burgeoning startups and entrepreneurship in the field. It emphasizes the integration of biotechnology into healthcare and agriculture, aiming for long-lasting sustainability.

Key Features of Biomanufacturing

  • Budget of Rs 9197 crore.
  • Boosting bio-entrepreneurship.
  • Focus on sustainable practices in agriculture.
  • Innovation in healthcare sectors.

With a focus on addressing urgent societal needs, this policy is set to bridge the gap in bio-manufacturing capabilities.


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.


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