2025 · Q97
Consider the following statements:
- 1India's bio-economy contributes about 4.25% to the GDP in India.
- 2BioE3 promotes regenerative bio-manufacturing and supports a circular bio-economy aligned with India's net-zero goals.
Which of the statements given above is/are correct?
Indian EconomyBio-economy
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
Both statements are correct: India's bio-economy was valued at about $165.7 billion in 2024, roughly 4.25% of GDP, and the BioE3 (Biotechnology for Economy, Environment and Employment) Policy, 2024 promotes regenerative bio-manufacturing and a circular bio-economy aligned with net-zero goals.