Parsanjeet KourAIR 11 · CSE 2022 · 174 wordsTheir whole copy
Opening · a definition
Bio-economy refers to the integration of biological organisms in the production, processing and development of materials that are in sync with the economic development.
Being one of the biodiverse nations of world, a robust bio-economy can have multiple benefits for India and in this direction National Biotechnology Development Strategy 2021-25 is vital.
It serves following important roles →
Body · points
→ It would provide affordable and accessible products and technologies to all.
→ It would play a vital role in development of capacity and production of superior man power
→ The strategy aims to enhance the competition among people to foster positive growth in the sector
→ It would also promote knowledge and expertise sharing among people and groups.
→ It would also help to uplift society and promote economic development of people (eg - Biotech kisan initiative and upliftment of farmers)
→ It would also promote sectors like gene therapy, gene editing etc.
Close · a summary
Considering global concerns of unsustainability, climate concerns, rising consumerism; this mission is a right step towards inclusive and pro-poor development in India.
How toppers approach this question, and more on its topic: open the question.