Jitendra Singh Unveils Modi 3.0 Science Push for ‘Viksit Bharat’
Union Minister of State for Science and Technology, Jitendra Singh, has outlined the Indian government’s ambitious plans for the science and technology sectors under Modi 3.0, aiming for a ‘Viksit Bharat’. Key initiatives include a Rs 1,000 crore venture capital fund for space startups and the Bio E3 policy to foster a bioeconomy. These efforts are part of a broader strategy to enhance India’s global innovation standing and create a sustainable, self-reliant economy.
Space Sector Initiatives
The government has launched a Rs 1,000 crore venture capital fund to support the burgeoning space sector, which now includes nearly 300 startups. This initiative is part of India’s strategy to leverage its space economy, highlighted by achievements like the Chandrayaan-3 mission and the upcoming Gaganyaan mission.
Bio E3 Policy
The Bio E3 policy focuses on Biotechnology for Environment, Economy, and Employment, aiming to shift from petroleum-based resources to biofuel alternatives. This policy seeks to utilize India’s rich bioresources for sustainable economic growth.
Mission Mausam
Mission Mausam, launched in the first 100 days of Modi’s third term, aims to improve meteorological forecasts using space and IT technologies. This initiative will provide real-time weather forecasts for India and neighboring countries, enhancing preparedness for weather events.
Overall, these initiatives reflect a comprehensive strategy to integrate scientific disciplines for transformative outcomes, aligning with India’s broader developmental goals.
Doubts Revealed
Jitendra Singh -: Jitendra Singh is an Indian politician who is a Union Minister in the government. He is responsible for various departments, including science and technology.
Modi 3.0 -: Modi 3.0 refers to the third term or phase of initiatives under Prime Minister Narendra Modi’s leadership in India, focusing on new policies and developments.
Viksit Bharat -: Viksit Bharat means ‘Developed India’ in Hindi. It is a vision to make India a more advanced and prosperous country.
Rs 1,000 crore -: Rs 1,000 crore is a large amount of money, equivalent to 10 billion rupees, which is being allocated to support space startups in India.
Space startups -: Space startups are new companies that work on projects related to space, like building satellites or rockets. They are important for advancing space technology.
Bio E3 policy -: The Bio E3 policy is a government plan to boost the bioeconomy, which involves using biological resources and technology to create economic growth.
Bioeconomy -: Bioeconomy refers to the use of natural resources, like plants and animals, to produce goods and services, aiming for sustainable economic growth.
Mission Mausam -: Mission Mausam is a project to improve weather forecasts in India, helping people prepare better for weather changes and natural events.