ENA Sectors 2023-10-04 15:38:17 <p><span style="font-size:14px"><strong>New Delhi, Oct 4 (KNN)</strong> Union Minister of State (Independent Charge) Science &amp; Technology, Jitendra Singh on Tuesday said that the Green Economy is going to be new addition to Indias future growth and StartUp avenues.</span></p> <p><span style="font-size:14px">During the Green Ribbon Champions Conclave, Singh said that the Industry stake in StartUps and Research &amp; Development ought to be from the very beginning.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">Green Financing with a larger industrial engagement and Industry involvement is required right from the beginning because it is my considered view that otherwise you cannot move forward beyond a certain point, he said.</span></p> <p><span style="font-size:14px">The union minister added, In 2014, Indias bio economy stood at just about USD 10 Billion, today it is USD 80 Billion. In just 8/9 years it has gone (up) 8 times and we look forward to having USD 125 Billion by 2025.</span></p> <p><span style="font-size:14px">Singh highlighted that the Anusandhan National Research Foundation (NRF), announced by Prime Minister Narendra Modi, will have huge non-government resources. As a result, the demarcation between the Public and Private sector will be done away with and there will be greater synergy for future growth, he said.</span></p> <p><span style="font-size:14px">National Research Foundation will also act as a think tank, it has the mandate of even deciding the themes on which the projects have to be undertaken and funded depending on the requirements or the futuristic visions/projections, also (deciding on) the international collaborations, he said, adding, the NRF will have a more scientific approach so that the Innovation doesnt get lost in the din of times.</span></p> <p><span style="font-size:14px">Anusandhan NRF Act was passed by the Parliament in the recent Monsoon session, with a budget of Rs.50, 000 crore over five years. <em><strong>(KNN Bureau)</strong></em></span></p> 35012 https://knnindia.co.in/news/newsdetails/sectors/green-economy-new-addition-to-indias-future-growth-and-startup-avenues-union-minister-jitendra-singh 2023-10-04 15:38:17 knnindia.co.in