Union Minister of State (Independent Charge) Science & Technology, Dr Jitendra Singh announced 75 “Amrit” Grants for Biotech initiatives involving StartUps, industry, academia and research bodies in integrated collaboration.
- The Minister said, DBT-BIRAC 75 Amrit Team Grant Initiative will give a big boost to Prime Minister Narendra Modi’s call for “Jai Anusandhan” .
- 75 inter-disciplinary, multi-institutional grants would be supported for high-risk, ambitious research ideas, milestones-driven collaborative research in all domain specific areas of the biotech sector.
- Startups, Industries, Academia and Research Bodies can form Team Science Grant in a Public-Private Partnership mode to avail grant of Rs 10-15 Crore over a period of two to three years for inter-disciplinary, high-quality research.
- India’s Bioeconomy will grow from $70 Billion to $150 Billion by 2025 and this can only be achieved with active participation of all the stakeholders in biotechnology Sector.
