Union Cabinet Approves ‘Bio-RIDE’ Scheme to Advance Biotechnology Research and Development
Biotechnology Gains Recognition
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has formally approved the ‘Bio-RIDE’ scheme. This program is a continuation of two integrated initiatives designed to bolster innovative research and development within the field of biotechnology.
Objectives of the ‘Bio-RIDE’ Scheme
- Enhance R&D capabilities in biotechnology.
- Promote partnerships between academia and industry.
- Support cutting-edge innovations and solutions in the biotech sector.
Significance for the Biotechnology Sector
This crucial approval stands to substantially elevate India's research output and technological advancements in biotechnology. Moreover, it ensures that India plays a competitive role on the global stage. Through funding and resources, the scheme aspires to cultivate infrastructure that can propel breakthrough research.
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.