SF Prep Notes

At CSIR Healthcare Theme Conclave in J&K, Jitendra Singh says bio-economy has grown to $130 billion

On 16 November 2024 at SKICC in Jammu and Kashmir, Union Minister Dr Jitendra Singh opened the CSIR Healthcare Theme Conclave and called J&K a key player in India's 'Viksit Bharat' journey.

Summary

On 16 November 2024 at SKICC in Jammu and Kashmir, Union Minister of State (Independent Charge) for Science and Technology Dr Jitendra Singh addressed the inaugural session of the CSIR Healthcare Theme Conclave and described J&K as a key player in India's 'Viksit Bharat' journey. He said India's bio-economy grew from $10 billion in 2014 to $130 billion and is on track for $300 billion by 2030. He said India's startup ecosystem is now the third-largest in the world with over 1.6 lakh ventures, and that space-sector partners have grown from single digits three years ago to over 300.

Key facts

Date/place
16 Nov 2024, SKICC, Jammu & Kashmir
Event
CSIR Healthcare Theme Conclave (inaugural)
Bio-economy
$10 bn (2014) → $130 bn; target $300 bn by 2030
Startups
3rd largest; 1.6 lakh+ ventures
Space
300+ partners, from single digits three years ago

Practice MCQs 2 questions

Q1 Advanced

At the CSIR Healthcare Theme Conclave in November 2024, Dr Jitendra Singh said India's bio-economy is on track to reach what size by 2030?

Show answer

Correct answer: A — $300 billion

PIB (S&T): the bio-economy grew from $10 billion in 2014 to $130 billion and is on track to reach $300 billion by 2030.

Q2

As per Dr Jitendra Singh at the CSIR Healthcare Theme Conclave (November 2024), India's startup ecosystem ranks where globally?

Show answer

Correct answer: D — Third

PIB (S&T): he said India's startup ecosystem is now the third-largest globally, with over 1.6 lakh ventures.

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