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You are at:Home»Articles»Policy: No Funds for BioScience in 20 lakh crore AtmaNirbhar Package

Policy: No Funds for BioScience in 20 lakh crore AtmaNirbhar Package

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By Biotech Express on 18/05/2020 Articles, Controversial, Policies, SARS- CoV2 & COVID-19 Updates

By Anonymous Writer

Despite having huge money flow in this biological pandemic Indian Bioscience sector is looking at the backfront in recent announcement of G.O.I of AtmaNirbhar Package

Rs 20 lakh crore package announced in five tranches by FM Sitharaman stood at Rs 20,97,053 crore, included the Rs 1.92 lakh crore stimulus from measures announced by PM Modi recently such as the Pradhan Matri Garib Kalyan Package worth Rs 1.7 lakh crore.

The first set of relief measures announced by Nirmala Sitharaman focused on enabling the Indian economy’s backbone – MSMEs that employ around 11 crore people and have a GDP share of approximately 29 per cent.

Second tranche of measures catered to migrant workers and street vendors.

The third tranche of the measures worth Rs 1.5 lakh crore focused on the agriculture and allied sectors including dairy, animal husbandry and fisheries as the government announced steps to strengthen the overall farm sector.

The fourth instalment of the Rs 20 lakh crore package comprised of reforms for sectors including coal, minerals, defence production, air space management, airports, MRO, distribution companies in UTs, space sector, and atomic energy.

The minister also announced the commercial mining in the coal sector and privatizing discoms in metros to streamline their functions for better accountability.

The minister allocated an additional Rs 40,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for job creation in India’s hinterland.

In all above mentioned schemes biological science has not been discussed for event a single time when we have been victimized of biological pandemic. Is this a punishment to Indian scientists or the ignorance of govt. is a matter of great speculation.

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