New Delhi, July 17 -- The government's public policy think tank NITI Aayog has unveiled an ambitious blueprint to turn biotechnology into India's next major growth engine, proposing a Rs.50,000-crore BioEconomy Growth Fund, six national biotechnology missions and regulatory reforms to build a $691-billion bioeconomy by 2035, which would generate over 30 million high-value jobs.

The recommendations are part of the 'Roadmap for Building India as a Leading BioEconomy Powerhouse by 2035', released by the NITI Frontier Tech Hub in consultation with the department of biotechnology, industry leaders and biotechnology experts. The report was released by Jitendra Singh, minister of state for science and technology and Gobardhan Das, member, NITI ...