The Regional Centre For Biotechnology Act, 2016 – An Overview

India has a booming biotechnology sector with an estimated growth of more than $300 Billion by 2030. Biotechnology has played a crucial role in the development of the Indian medicine industry. In 2006, India signed an agreement with the United Nations Educational Scientific and Cultural Organisation (UNESCO) for addressing the need to move fast in the field of biotechnology. As an outcome of this agreement, the First Regional Centre for Biotechnology in Faridabad, Haryana, was set up through an executive order in 2009. The Regional Centre is affiliated w...

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