Innovate in India (i3)

Launch of National Biopharma Mission

Question- Innovate in India (i3) has been launched for development of …
(a) Biopharmaceuticals
(b) solar photo voltaic
(c) Interconnected power grid
(d) Nuclear reactors
Ans: (a)
Related facts:-

  • On June 30, 2017, Dr. Harshavardhan, Union Minister for Science and Technology, Earth Sciences, Environment, Forest and Climate Change, formally launched the first industrial-educational mission -National Biopharma Mission, to accelerate the development of biopharmaceuticals.
  • This mission is being started in India by the name of Innovation (I-3).
  • An amount of US $ 25 million will be invested the program in which the World Bank will provide the loan of US $ 12.5 million.
  • This amount will also create the necessary infrastructure for promoting entrepreneurship and indigenous manufacturing.
    This mission will be run by the Public Sector Unit, Biotechnology Industry Research Assistant Council (BIRAC) under the Department of Biotechnology.

Related Links:-
http://www.biospectrumindia.com/news/68/9168/national-biopharma-mission-innovate-in-india-i3-to-be-launched-by-government.html
http://economictimes.indiatimes.com/news/science/national-biopharma-mission-launched/articleshow/59391921.cms
http://pib.nic.in/newsite/PrintRelease.aspx?relid=166951
http://pib.nic.in/newsite/PrintHindiRelease.aspx?relid=65716