Context:
The Union Cabinet approved the Biotechnology Research Innovation and Entrepreneurship Development (Bio-RIDE) scheme to support cutting-edge research and development in biotechnology.
Bio-RIDE Scheme:
- A comprehensive scheme by the Department of Biotechnology (DBT) under the Ministry of Science and Technology.
- It merges 2 previous schemes—Biotechnology Research and Development (R&D) and Industrial and Entrepreneurship Development (I&ED)—with a new component, Biomanufacturing and Bio-foundry.
- Aim –
- Accelerate research and product development.
- Bridge the gap between academic research and industrial applications.
- Foster innovation and bio-entrepreneurship.
- Strengthen India’s position in global biomanufacturing and biotechnology.
- Components –
- Biotechnology Research and Development (R&D)
- Industrial & Entrepreneurship Development (I&ED)
- Biomanufacturing and Bio-foundry (new component)
- Implementation Period – During the 15th Finance Commission period (2021-2026).
Key Features of the scheme:
- Promote Bio-Entrepreneurship – Seed funding, incubation, and mentorship for startups.
- Advance Innovation – Grants and incentives for research in synthetic biology, biopharmaceuticals, bioenergy, and bioplastics.
- Facilitate Industry-Academia Collaboration – Strengthen partnerships to commercialize biotech products.
- Encourage Sustainable Biomanufacturing – Focus on environmentally sustainable practices.
- Support Researchers – Extramural funding for research in agriculture, healthcare, and environmental sustainability.
- Nurture Human Resources – Develop skilled manpower through holistic support and capacity building.
Source: PIB
Previous Year Question
According to India’s National Policy on Biofuels, which of the following can be used as raw materials for the production of biofuels?
1. Cassava
2. Damaged wheat grains
3. Groundnut seeds
4. Horse gram
5. Rotten potatoes
6. Sugar beet
Select the correct answer using the code given below:
[UPSC Civil Services Exam – 2020 Prelims]
(a) 1, 2, 5 and 6 only
(b) 1, 3, 4 and 6 only
(c) 2, 3, 4 and 5 only
(d) 1, 2, 3, 4, 5 and 6
Answer: (d)
