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PM inaugurates Biotech Startup Expo – 2022

Published By : Admin | June 9, 2022 | 11:00 IST
“India's bio-economy has grown 8 times in the last 8 years. We have grown from $10 billion to $80 billion. India is not too far from reaching the league of top-10 countries in Biotech's global ecosystem”
“We are seeing the same respect and reputation for our Biotech sector and for the Bio Professionals of India as we saw for our IT professionals in the past decades”
“Mantra of Sabka Saath-Sabka Vikas is applicable on the different sectors of India. Now all sectors are being promoted in ‘whole of the government’ approach”
“70 thousand start-ups in about 60 different industries are registered today. More than 5 thousand startups are associated with biotech”
“1100 biotech startups emerged in the last year itself”
“Inculcating the spirit of Sabka Prayas, the government is bringing together the best minds of the industry on unified platforms”
“Biotech sector is one of the most Demand Driven Sectors. The campaigns for Ease of Living in India over the years have opened up new possibilities for the biotech sector”

The Prime Minister, Shri Narendra Modi inaugurated the Biotech Startup Expo - 2022 at Pragati Maidan, here today. He also launched Biotech products e portal. Union Ministers Shri Piyush Goyal, Shri Dharmendra Pradhan, Dr Jitendra Singh, stakeholder of biotech sectors, experts, SMEs, investors were among those present on the occasion.

Speaking on the occasion, the Prime Minister said that India's bio-economy has grown 8 times in the last 8 years. “We have grown from $10 billion to $80 billion. India is not too far from reaching the league of top-10 countries in Biotech's global ecosystem”, he said. The Prime Minister also noted the contribution of Biotechnology Industry Research Assistance Council (BIRAC) in the development of the sector in the country. The Prime Minister said that today, when the country is taking new pledges during the Amrit Kaal, role of biotech industry is very significant in the development of the country.

Talking about the growing reputation of Indian professionals on the global stage, the Prime Minister said “trust in the skill and innovation of our IT professionals in the world is at new heights. This same trust and reputation, this decade, we are seeing happening for the Biotech sector of India and for the Bio Professionals of India.”

There are, the Prime Minister said, five big reasons why India is being considered a land of opportunities in the field of biotech. First- diverse population and diverse climatic zones, Second- India's talented human capital pool, Third- increasing efforts for ease of doing business in India. Fourth- The demand for Bio-Products is increasing continuously in India and fifth- India's Biotech Sector and its track record of success.

The Prime Minister said that that the government has worked tirelessly for the improving the potential and power of Indian economy. He emphasized that there is stress on ‘whole of the government approach’. Mantra of Sabka Saath-Sabka Vikas is applicable on the different sectors of India also, he said. This has resulted in reversal of the scene when few selected sectors were focused upon and other were left to fend for themselves. Today, he said, every sector is giving impetus to the development of the country, that is why every sector’s ‘Saath’ and every sector ‘Vikas’ is the need of the hour. This change in thinking and approach is giving results, he added. He gave examples of focus on a much larger number of sectors in recent years.

For biotech sector too, unprecedented steps are being taken which are clearly manifested in the startup ecosystem. “In the last 8 years, the number of start-ups in our country has increased from a few hundred to 70 thousand. These 70 thousand start-ups are made in about 60 different industries. In this also, more than 5 thousand startups are associated with biotech. Every 14th startup in the bio technology sector and more than 1100 such bio tech startups emerged in the last year itself”, the Prime Minister informed. Further talking about the shift of talent towards the sector the Prime Minister said number of investors in biotech sector has risen by 9 times and biotech incubators and funding for them has increased by 7 times. Number of Bio tech incubators have increased from 6 in 2014 to 75 now. Biotech products have increased form 10 products to more than 700 today”, he informed.

The Prime Minister said in order to transcend government-centric approach, the government is encouraging a culture of providing new enabling interfaces. Platforms like BIRAC are being strengthened and many other sectors are seeing this approach. He gave example of Startup India for start ups. IN-SPACe for space sector, iDEX for defence startups, India Semiconductor Mission for Semi Conductors, Smart India from Heckathons for encouraging innovations among the youth and also, the Biotech start-up Expo. “Inculcating the spirit of Sabka Prayas, the government, through new institutions is bringing together the best minds of the industry on a single platform. This is another big benefit to the country. The country gets new breakthroughs from research and academia, the industry helps in what is a real world view, and the government provides the necessary policy environment and necessary infrastructure”, the Prime Minister elaborated.

The Prime Minister emphasized that “Biotech sector is one of the most Demand Driven Sectors. The campaigns for Ease of Living in India over the years have opened up new possibilities for the biotech sector.” He pointed out that developments in health, agriculture, energy, natural farming, bio fortified seeds are creating new avenues for the sector.

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Prime Minister Shri Narendra Modi chaired the 50th meeting of PRAGATI - the ICT-enabled multi-modal platform for Pro-Active Governance and Timely Implementation - earlier today, marking a significant milestone in a decade-long journey of cooperative, outcome-driven governance under the leadership of Prime Minister Shri Narendra Modi. The milestone underscores how technology-enabled leadership, real-time monitoring and sustained Centre-State collaboration have translated national priorities into measurable outcomes on the ground.

Review undertaken in 50th PRAGATI

During the meeting, Prime Minister reviewed five critical infrastructure projects across sectors, including Road, Railways, Power, Water Resources, and Coal. These projects span 5 States, with a cumulative cost of more than ₹40,000 crore.

During a review of PM SHRI scheme, Prime Minister emphasized that the PM SHRI scheme must become a national benchmark for holistic and future ready school education and said that implementation should be outcome oriented rather than infrastructure centric. He asked all the Chief Secretaries to closely monitor the PM SHRI scheme. He further emphasized that efforts must be made for making PM SHRI schools benchmark for other schools of state government. He also suggested that Senior officers of the government should undertake field visits to evaluate the performance of PM SHRI schools.

On this special occasion, Prime Minister Shri Narendra Modi described the milestone as a symbol of the deep transformation India has witnessed in the culture of governance over the last decade. Prime Minister underlined that when decisions are timely, coordination is effective, and accountability is fixed, the speed of government functioning naturally increases and its impact becomes visible directly in citizens’ lives.

Genesis of PRAGATI

Recalling the origin of the approach, the Prime Minister said that as Chief Minister of Gujarat he had launched the technology-enabled SWAGAT platform (State Wide Attention on Grievances by Application of Technology) to understand and resolve public grievances with discipline, transparency, and time-bound action.

Building on that experience, after assuming office at the Centre, he expanded the same spirit nationally through PRAGATI bringing large projects, major programmes and grievance redressal onto one integrated platform for review, resolution, and follow-up.

Scale and Impact

Prime Minister noted that over the years the PRAGATI led ecosystem has helped accelerate projects worth more than 85 lakh crore rupees and supported the on-ground implementation of major welfare programmes at scale.

Since 2014, 377 projects have been reviewed under PRAGATI, and across these projects, 2,958 out of 3,162 identified issues - i.e. around 94 percent - have been resolved, significantly reducing delays, cost overruns and coordination failures.

Prime Minister said that as India moves at a faster pace, the relevance of PRAGATI has grown further. He noted that PRAGATI is essential to sustain reform momentum and ensure delivery.

Unlocking Long-Pending Projects

Prime Minister said that since 2014, the government has worked to institutionalise delivery and accountability creating a system where work is pursued with consistent follow-up and completed within timelines and budgets. He said projects that were started earlier but left incomplete or forgotten have been revived and completed in national interest.

Several projects that had remained stalled for decades were completed or decisively unlocked after being taken up under the PRAGATI platform. These include the Bogibeel rail-cum-road bridge in Assam, first conceived in 1997; the Jammu-Udhampur-Srinagar-Baramulla rail link, where work began in 1995; the Navi Mumbai International Airport, conceptualised in 1997; the modernisation and expansion of the Bhilai Steel Plant, approved in 2007; and the Gadarwara and LARA Super Thermal Power Projects, sanctioned in 2008 and 2009 respectively. These outcomes demonstrate the impact of sustained high-level monitoring and inter-governmental coordination.

From silos to Team India

Prime Minister pointed out that projects do not fail due to lack of intent alone—many fail due to lack of coordination and silo-based functioning. He said PRAGATI has helped address this by bringing all stakeholders onto one platform, aligned to one shared outcome.

He described PRAGATI as an effective model of cooperative federalism, where the Centre and States work as one team, and ministries and departments look beyond silos to solve problems. Prime Minister said that since its inception, around 500 Secretaries of Government of India and Chief Secretaries of States have participated in PRAGATI meetings. He thanked them for their participation, commitment, and ground-level understanding, which has helped PRAGATI evolve from a review forum into a genuine problem-solving platform.

Prime Minister said that the government has ensured adequate resources for national priorities, with sustained investments across sectors. He called upon every Ministry and State to strengthen the entire chain from planning to execution, minimise delays from tendering to ground delivery.

Reform, Perform, Transform

On the occasion, the Prime Minister shared clear expectations for the next phase, outlining his vision of Reform, Perform and Transform saying “Reform to simplify, Perform to deliver, Transform to impact.”

He said Reform must mean moving from process to solutions, simplifying procedures and making systems more friendly for Ease of Living and Ease of Doing Business.

He said Perform must mean to focus equally on time, cost, and quality. He added that outcome-driven governance has strengthened through PRAGATI and must now go deeper.

He further said that Transform must be measured by what citizens actually feel about timely services, faster grievance resolution, and improved ease of living.

PRAGATI and the journey to Viksit Bharat @ 2047

Prime Minister said Viksit Bharat @ 2047 is both a national resolve and a time-bound target, and PRAGATI is a powerful accelerator to achieve it. He encouraged States to institutionalise similar PRAGATI-like mechanisms especially for the social sector at the level of Chief Secretary.

To take PRAGATI to the next level, Prime Minister emphasised the use of technology in each and every phase of the project life cycle.

Prime Minister concluded by stating that PRAGATI@50 is not merely a milestone it is a commitment. PRAGATI must be strengthened further in the years ahead to ensure faster execution, higher quality, and measurable outcomes for citizens.

Presentation by Cabinet Secretary

On the occasion of the 50th PRAGATI milestone, the Cabinet Secretary made a brief presentation highlighting PRAGATI’s key achievements and outlining how it has reshaped India’s monitoring and coordination ecosystem, strengthening inter-ministerial and Centre-State follow-through, and reinforcing a culture of time-bound closure, which resulted in faster implementation of projects, improved last-mile delivery of Schemes and Programmes and quality resolution of public grievances.