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Sunday, December 10, 2023

Bio-Tech start-ups crucial to India’s future economy: Dr. Jitendra Singh

Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, MoS PMO, Department of Atomic Energy and Department of Space, and MoS Personnel, Public Grievances and Pensions, emphasized India’s integrated approach in preventive healthcare and credited Prime Minister Narendra Modi for making the country a world leader in this field. He also highlighted the importance of preventing Type 2 Diabetes Mellitus and other lifestyle disorders in the young.

During his address at the ICMR-India Diabetes and Joint Diabetes program at Kashmir University, Dr. Singh highlighted the importance of biotech start-ups in India’s future economy. He emphasized that biotechnology has its own merits and potential to lead India, with India’s bio-economy growing from $8 billion in 2014 to $100 billion and targeting $150 billion by 2025. Dr. Singh commended the organizers for organizing a well-designed and highly scientific program that delved into current topics, laying the groundwork for breakthroughs in genomics.

He highlighted the pivotal role played by the “GenomIndia” project, one of the flagship initiatives of the Department of Biotechnology (DBT), and appreciated the efforts of Dr. Ashraf Ganie leading the project. He also acknowledged the rich legacy of both institutions, CSIR and Kashmir University, and the success of Chandrayan, which under Prime Minister Narendra Modi’s leadership.

Dr. Singh also discussed the National Education Policy 2020, which aims to ensure that the coming generation gets the best of aptitude and talent in research and innovation. He credited Prime Minister Modi for this bold initiative. He pushed for a more integrated synergized approach if India wants to grow holistically and become a global player.

The success of the Startup policy was highlighted, with the total number of startups rising from 35400 to 125,000 in 8 to 9 years. In space alone, the number of startups rose from 4 start-ups to 150 startups in four years. Dr. Singh hoped for efforts for an integrated approach in the future, urging for the integration of inputs and working cultures together.

The government has created The Anusandhan National Research Foundation, which Kashmir University and other institutions can utilize. He concluded his address by underlining the pressing need for more innovative programs and institutions for non-communicable diseases, particularly diabetes, and stressed the necessity of dedicated diabetes institutions for research and training.

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Source: PIB

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