‘National Biotechnology Development Strategy’ being drafted

“The Department of Biotechnology, Ministry of Science and Technology is in the process of drafting a ‘National Biotechnology Department Strategy 2’ for encouraging life science education, research and entrepreneurships,” Minister of state for Science and Technology, Y S Chowdary said in a written response to a question in Lok Sabha.

The strategy seeks to address a number of identified challenges in terms of tailor-made human capital for scientific research and entrepreneurship, research priorities, resources, core facilities, he said.

He added that the policy will help in creation of investment capital, intellectual property regime, technology transfer, absorption, diffusion and commercialization (of technology), setting regulation standards and accredit ion, creating biotechnology partnerships between public and private sectors both nationally and globally, and public understanding of the field.