Rajasthan to Get its First Biotechnology Park | 17 Jan 2020

Why in News

Rajasthan government will be signing a memorandum of understanding with the Centre’s Department of Biotechnology to set up its first biotechnology park and incubation centre in the state.

• The biotechnology park and incubation centre would be set up in the State with the support of the Biotechnology Industry Research Assistance Council (BIRAC).
• Objectives:
  
  • This will enable the State government to take up research in the field of biotechnology and provide employment to the youths.
  • It would also help to promote interdisciplinary field research such as bioinformatics, biomedical engineering and nanomedicine.
  • Further, it will also help to promote biotechnology on the lines of health, agriculture, industry and food which will intensify the science-based manufacturing in industrialisation.

Biotechnology Parks and Incubators

• The Department of Biotechnology has established Biotechnology Parks/Incubators across the country to translate research into products and services by providing the necessary infrastructure support.
• These Biotechnology Parks offer facilities to Scientists, and Small and Medium-sized Enterprises (SMEs) for technology incubation, technology demonstration and pilot plant studies for accelerated commercial development of Biotechnology.
• The Department so far has supported 9 Biotechnology Parks in various States.
• The Department has also come up with ‘National Biotechnology Parks Scheme’.
  
  • The scheme aims to create an ecosystem to absorb the start-ups which have graduated from incubators and give them a platform for further scaling up their R&D activities in collaboration with the state government and industry.

Source: TH