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19Sep 2024
Cabinet Approves ‘Bio-RIDE’ Scheme for Biotechnology Advancement
Why in the news? The Union Cabinet approved the ‘Bio-RIDE’ scheme to support biotechnology research, innovation, and entrepreneurship, aiming to strengthen India’s position in biomanufacturing and achieve a $300 billion bioeconomy by 2030. About the Key Approval: The Union Cabinet, led by PM Narendra Modi, approved the merger of two Department of Biotechnology (DBT) schemes …
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