Context: Union Minister of State, Science & Technology has launched the Amrit Grand Challenge Program titled “??CARE” .
Key highlights

• It will identify 75 Start-Up Innovations in Telemedicine, Digital Health, Block Chain, mHealth with BIG Data, Artificial intelligence, and other technologies.
• Launch of Grand Challenge coincides with the Azadi Ka Amrit Mahotsav.
• 75 Chosen Start-ups will be an asset for India to lead it in the next 25 years.

Other Highlights
10th Biotech Innovators Meet

• It was organised by Biotechnology Industry Research Assistance Council (BIRAC) in New Delhi.

Theme- “Vigyan se Vikash”.

• The minister directed the BIRAC to reach out to Young Start-ups for their help and support.
• Young Innovations will get priority with respect to help, support and hand-holding than the established industrial hubs.

India’s Bio-Economy

• Bio-Economy in India is on way to achieve 150-billion-dollar target.
• Sunshine Biotech Sector is set to become more than double from 70 billion dollar to 150 billion dollar by 2025.

Contribution of BIRAC in Bio-Economy

• BIRAC has established 60 world class Bio-incubators in India.
• It engages with more than 5000 Start-ups and young entrepreneurs.

Additional Information

• The term BioEconomy generally refers to an economy using renewable natural resources to produce food, energy, products and services. 
• The important renewable natural resources include the biomass in forests, soil, fields, bodies of water and the sea and fresh water.