Home » National » DrJitendra Singh assures that funds will not be a constraint under Prime Minister Narendra Modi’s Government to promote the “Innovation Ecosystem” in the country

DrJitendra Singh assures that funds will not be a constraint under Prime Minister Narendra Modi’s Government to promote the “Innovation Ecosystem” in the country

Newdelhi:26/2/23:Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today said, Government will promote Industry-driven Start-Ups to create wealth and jobs.

Addressing the 37th Foundation day of Department of Biotechnology (DBT) as Chief Guest at National Institute of Immunology, NII, Delhi, Dr Jitendra Singh called for equal stake with equal partnership and responsibility by Industry to sustain the Start-Ups boom.

The Minister said, Start-Ups will become sustainable, if Industry from the very beginning will identify the theme/subject/product and invest matching equity with the Government. The Minister assured that funds will not be a constraint under Prime Minister Narendra Modi’s Government to promote the “Innovation Eco-System” in the country.

Giving the example of Prime Minister Narendra Modi’s idea of an Atma Nirbhar Bharat, where India’s vaccine strategy brought together pharma, industry and academia in a partnership with an eye on meeting the current as well as possible future challenges, Dr Jitendra Singh said, the idea behind initiatives like this is to have a sustainable partnership in the long run and provide a sustainable source of livelihood to India’s youth. He added that the Government of India, led by Prime Minister Modi, is encouraging industrial outreach by extending all possible support.

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The Minister also pointed out that last year he had launched Single National Portal “BioRRAP” for Biotech researchers and Start-Ups and also to cater to all those seeking regulatory approval for biological research & development activity in the country and thus offer a huge relief for “Ease of Science as well as Ease of Business”. He asserted that India is poised to become a Global Bio-manufacturing Hub and will figure among the top 5 countries of the world by 2025.

Dr Jitendra Singh pitched for development of India’s own Molecule and said for Indian Problems, Indian Remedies must be devised. He said, Biotechnology is the technology of tomorrow as IT has already reaching its saturation point. The Minister emphasized that Biotech will be the key to Amrit Kaal Economy and also for making India a frontline nation in the world.

In his address, Secretary, Department of Biotechnology (DBT), Dr Rajesh Gokhale said, India must catch up fast with the Foundational Technologies of 21st Century to remain relevant in the game.He said, Government of India, through the Science, Technology and Innovation, among other things, aspires to position India among the world’s top five scientific powers and it is very much committed in supporting scientific research and innovations. He added that DBT is the nodal agency for promotion of Biotechnology in the country and nurturing Biotechnology by creating a strong ecosystem for facilitating basic, early and late translational research and entrepreneurship and also formulation of policies and guidelines in all sectors of biotechnology. Department is relentlessly working towards promotion of research, innovation and technology leading to product development; building capacities, both human resource and infrastructure; fostering national and international partnerships.

Delivering the Foundation Day Lecture, Prof. Rishikesha T Krishnan, Director, Indian Institute of Management, Bengaluru said that Department of Biotechnology is the only department in the Government of India which has got end-to-end approach from Idea to development of final product. He also informed that gathering that it was Biotech or rather the IR8 variety of Rice, which was responsible for the Green Revolution thus making significant contributions to Agri Sector, as the yield was 3 to 4 times per hectare than the normal seed.

Prof K VijayRaghvan in his address said that there was a time when there was a danger that DBT could have been mistaken for Fermentation Technology but thanks to efforts by Dr Ramachandran that it evolved as a separate specialized stream and department. He said, linkage of Biotechnology with Digital Technology will open the floodgates for this sector.

Dr Alka Sharma, Senior Advisor, DBT and MD, BIRAC (Biotechnology Industry Research Assistance Council) in her welcome address said, DBT has established 15 theme-based autonomous institutions across the country. She also informed that one international institution namely the New Delhi center of the International Centre for Genetic Engineering & Biotechnology and two Public Sector Undertakings BIBCOL and BIRAC have also been established for manufacturing of biologicals and fostering and nurturing the startup innovation ecosystem.

Dr. Sanjay Mishra, Senior Scientist presented vote of thanks and took the collective pledge to make DBT, one of the premier Research and Innovation Departments of the country and the world in times to come.

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The Department has contributed in strengthening all the diverse aspects of Biotechnology. Some of the major achievements in key areas include1. Ease of Governance-Policy Reforms include Biotechnology Research and Innovation Council (BRIC) Department is subsuming its 14 Autonomous Institutions to create one Apex Autonomous Body2. Vaccines for Swasth Bharat; Under Atmanirbhar Bharat 3.0, a special grant of Rs. 900 Crore was allocated to the Department for the implementation of Mission COVID Suraksha towards development of vaccines against COVID-19. Sectoral achievements include a) Genomic Sequencing – Biotechnology Research and Innovation Council (BRIC) ng for Tracking Pathogens b)Therapeutic Interventions c. Regulatory Reforms include Biological Research Regulatory Approval Portal (BioRRAP)– “One Nation One Portal”, Biotech-KISAN,(~100/year) for law enforcing agencies, medico-legal applications and quality testing. CDFD offers diagnostic services for various genetic disorders including rare genetic disorders which help iDBT-Centre for DNA Fingerprinting and Diagnostics (CDFD) offers DNA Fingerprinting services

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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