Achievements of Department of Biotechnology
1. The budget for the Department of Biotechnology has increased by 83 per cent from Rs. 1315.72 crores in FY 2013-14 to Rs 2411.53 crores in FY 2018-19.
2. The department has launched National Biopharma Mission in year 2017-18 with a total cost of Rs 1500 Crores for 5 years in partnership with World Bank.
3. The department is implementing direct transfer of fellowships amount to JRF, SRFs and other manpower engaged in R&D projects, it will have a great impact and will eliminate delaying in disbursement of fellowships.
4. The department has earmarked a total budget of Rs 145.00 crores during FY 2018-19 under public private partnership program whereas Rs 62.85 crores was released in FY 2013-14. This budget is utilized for entrepreneurship development activities and it has been increased about 135 per cent in last four years. The department has also launched the ‘Biotechnology AcE Fund (Innovation Fund)’ in FY 2017-18 with a total cost of Rs 150 crores for 3 years.
5. The department has sanctioned a biocluster at Kalyani, West Bengal to promote multidimensional research to enable medicine, with a total cost of Rs 140.52 crores during FY 2016-17.
6. The department has sanctioned a project on accelerating the application of stem cell technology in human disease was sanctioned during FY 2015-16 with a total cost of Rs 141.36 crores.
7. The department has sanctioned a proposal on B-LIFE: Bangalore life sciences cluster for multiscale basic and applied research in biological sciences with a total cost of Rs 88.79 crores during FY 2014-15.
The Road ahead:
Building a $100 billion biotech industry by 2025 to achieve this thrust will be on:
● Development of a translational ecosystem connecting industry academia and research institutes to take advanced science and technology leads to commercialization specially in sectors of Health Care, Agriculture and Energy.
● Mission on application of Big data and genomics technology.
● Building and strengthening partnerships with national and international partners. This will be across user Ministries, State Governments and Departments to build Biotech capacities across the country.
● Internationally bio-connect offices will be established with global mature translational ecosystems connecting the best cutting edge a science with translational clusters.