A new biotech policy in Karnataka

As per news reports, Karnataka to revise its biotech policy soon

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The government is also planning to establish a biotechnology incubation center

Karnataka government will announce a new biotechnology policy soon to attract higher investment in the biotechnology sector in the state, said reports.

"Biotech companies in Karnataka, including Biocon, have contributed 26 percent of the country's biotech products worth $4 billion. More than half of the country's biotech companies are in Bangalore and it has emerged as the fourth largest biotech cluster in the world. The government aims to attract more investment in the sector," said Mr SR Patil, minister for IT, BT, Science and Technology in a statement.

The government is also planning to establish a biotechnology incubation center to nurture biotech start-ups in Karnataka. It will encourage agriculture, horticulture-related biotech research activities. The government has earmarked Rs 8.5 crore to the Horticulture University, Bagalkot and Rs 6.5 crore to University of Agricultural Sciences, Dharwad for these purposes.

 

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GEETAA SINGH 21 October 2014 at 10:36 AM

I only hope that this assurance will NOT remain as a mere political statement. Specially, when it comes to Hori- Agricultural Biotechnology. With the rising fuel prices, enormously enhanced power tariff, lazy unskilled manpower (spoilt by rice at Rs. 1/kg and MGNREGA scheme) all agri- horti-BT industries have become sick. Allied research and developmental work is almost come to an end. It is time Government should call all the qualified industry heads from this sector and take feedback on how to best revise policies to favour and flourish this sector. After all, only Pharma sector is not ALL BIOTECH.

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Geetaa Singh 21 October 2014 at 10:34 AM

I only hope that this assurance will remain as a mere political statement. Specially, when it comes to Hori- Agricultural Biotechnology. With the rising fuel prices, enormously enhanced power tariff, lazy unskilled manpower (spoilt by rice at Rs. 1/kg and MGNREGA scheme) all agri- horti-BT industries have become sick. Allied research and developmental work is almost come to an end. It is time Government should call all the qualified industry heads from this sector and take feedback on how to best revise policies to favour and flourish this sector. After all, only Pharma sector is not ALL BIOTECH.

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