Memorandum of Understanding for Biotechnology Park in Chhattisgarh

Biotechnology Park in Chhattisgarh

Question- Tripartite Memorandum of Understanding for the establishment of Biotechnology Park in Chhattisgarh recently, what is not true in this regard?
(a) This Agreement on Sept. 4, 2018, Department of Biotechnology, Government of India; Signed between the Department of Agriculture and Biotechnology, Government of Chhattisgarh and Indira Gandhi Agricultural University (Raipur).
(b) This park is being set up at Indira Gandhi Agricultural University, Raipur.
(c) This park is being set up with the financial assistance of the Government of India.
(d) The total cost amount of biotechnology project is Rs. 30 crores.
Answer- (d)
Related facts:

  • Tripartite Memorandum of Understanding for the establishment of Biotechnology Park in Chhattisgarh, September 4, 2018, was signed by the Department of Biotechnology, Government of India the Department of Agriculture and Biotechnology, Government of Chhattisgarh and Indira Gandhi Agricultural University, Raipur (Chhattisgarh) was signed.
  • Bio Technology Park is being set up at Indira Gandhi Agricultural University in Chhattisgarh. This park is being developed with the financial support of the Government of India. The total cost of the biotechnology project is Rs 44 crores.
  • The implementation of this Five Year Plan will be implemented in two phases. Biotech Incubation Centre will be established in the first phase. In the second phase, Business Enterprise Zone will be set up.

References-
https://www.dailypioneer.com/2018/state-editions/bio-tech-park-would-open-new-avenues–brijmohan.html