Union Cabinet Approves ‘Bio-RIDE’ Scheme to Advance Biotechnology Research and Development

Wednesday, 18 September 2024, 04:48

Biotechnology gains a significant boost as the Union Cabinet approves the ‘Bio-RIDE’ scheme to support innovative research endeavors. This initiative aims to enhance capabilities within the biotechnology sector. Recognizing the vital role of cutting-edge development, this move is pivotal for advancing India's position in global biotech research.
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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.


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