CURRENT AFFAIRS

Detailed explanation-1: -The National Mission on Bioeconomy was launched in Shillong, Meghalaya by the Institute of Bio-resources and Sustainable Development (IBSD) under the Ministry of Science and Technology.

Detailed explanation-2: -The National Mission on Bio economy was launched by the Institute of Bio-resources and Sustainable Development (IBSD). 2. The purpose of the mission is to boost urban economy by utilizing bio-resources and create a large number of jobs at urban and rural level.

Detailed explanation-3: -Biotechnology Industry Research Assistance Council (BIRAC), has recently released India’s Bioeconomy Report 2022.

Detailed explanation-4: -A bioeconomy is defined as “an economy where the basic building blocks for materials, chemicals, and energy are derived from renewable biological resources.”

Detailed explanation-5: -Examples of bioeconomy To these systems, which include sustainable agriculture, sustainable fishing, forestry and aquaculture, as well as food and feed manufacturing, are added bio-based products and bioenergy. BIo-based products include bioplastics, biodegradable clothing and other products related with eco-design.