Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»PM Modi Announces 2nd National Gene Bank to Safeguard India’s Agricultural Biodiversity
    Commodities

    PM Modi Announces 2nd National Gene Bank to Safeguard India’s Agricultural Biodiversity

    March 5, 20253 Mins Read








    Prime Minister Narendra Modi Announces 2nd National Gene Bank During Post-Budget Webinar
    Prime Minister Narendra Modi Announces 2nd National Gene Bank During Post-Budget Webinar





    Prime Minister Narendra Modi, during a post-budget webinar on March 5, 2025, announced the establishment of a new Gene Bank to conserve India’s vast genetic resources. This initiative aims to ensure long-term food security and safeguard agricultural biodiversity for future generations. The announcement aligns with the government’s broader vision of sustainable development and innovation-led growth under the Viksit Bharat 2047 framework.












    A gene bank plays a crucial role in preserving genetic material, including seeds, pollen, and tissue samples from various plant species. By preventing their extinction and maintaining essential crop varieties, gene banks contribute significantly to agricultural resilience.

    India’s first National Gene Bank was established in 1996 by the Indian Council of Agricultural Research-National Bureau of Plant Genetic Resources (ICAR-NBPGR) in New Delhi. This facility, supported by 12 regional stations across the country, has been instrumental in conserving vital crop germplasms for research, conservation, and breeding.

    As of January 15, 2025, the existing Gene Bank houses approximately 0.47 million accessions, comprising cereals, millets, legumes, oilseeds, and vegetables. Recognizing the growing need for enhanced conservation, the Ministry of Finance has announced the establishment of a second National GenBank in the 2025-26 budget. This state-of-the-art facility will accommodate one million germplasm lines, offering critical support to both public and private sectors engaged in genetic resource management.












    The establishment of India’s second National Gene Bank is set to significantly enhance the nation’s capacity to preserve plant genetic resources. This initiative aligns with global conservation efforts, including India’s Seed Vault in Chang La, Ladakh, and the Svalbard Global Seed Vault in Norway.

    The new facility will help safeguard native, traditional, and rare plant varieties, ensuring germplasm accessibility for future generations and preventing genetic erosion due to habitat loss or overexploitation.

    India, known for its rich biodiversity, is home to over 811 cultivated crop species and 902 wild crop relatives. Preserving these genetic resources is crucial for enhancing agricultural resilience, ensuring food security, and addressing climate change challenges.












    The new GenBank will not only strengthen India’s conservation efforts but also boost international biodiversity initiatives, particularly extending support to nations in the SAARC and BRICS regions that lack well-established conservation networks.

    With climate change, natural disasters, and geopolitical uncertainties posing significant threats to genetic diversity worldwide, the second GenBank will serve as a crucial safety net. This initiative ensures the long-term preservation of irreplaceable germplasm, reinforcing India’s role as a global leader in agricultural biodiversity conservation.












    The post-budget webinar served as a platform for collaboration between government bodies, industry leaders, academia, and citizens, facilitating discussions on translating budget announcements into tangible outcomes. With a focus on empowering people, strengthening the economy, and fostering innovation, the deliberations aimed at driving sustainable growth, technological leadership, and workforce development.











    First published on: 06 Mar 2025, 05:29 IST




    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    India Energy Week 2026 Day 2 | GAIL on Hydrogen, Gas Infrastructure & AI-Driven Energy Future

    Commodities

    AI vs. AI: Using intelligence to solve the energy strain of data centers

    Commodities

    Energy bills forecast to fall – why winter is still costing households more

    Commodities

    Little-known boiler tweak can save on energy bills and keep your home warm

    Commodities

    The Dirty Energy Secret On Your Plate

    Commodities

    Crypto struggles to shake off October blues while commodities steal the show

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    Openness, predictability key to investments

    Precious Metal

    Indian Grandmaster Vidit Gujarathi Earns Silver at European Chess Club Cup

    Stock Market

    Market Close Highlights: Sensex ends down 100pts, Nifty at 24,510; broader markets, auto, pharma, health gain

    Editors Picks

    How Blockchain Technology Is Impacting Financial Planning

    October 19, 2024

    La fintech lyonnaise Mon Petit Placement rejoint Malakoff Humanis

    May 6, 2025

    Uğur Akkuş Unveils $20 Billion Cryptocurrency Investment In Historic U.S. Strategy Shift

    May 13, 2025

    The Digital Euro: Transforming Europe’s Trade and Financial Landscape

    July 29, 2025
    What's Hot

    NMECON Cryptocurrency Exchange Enters the U.S. Market with Cutting-Edge AI 5.0 Trading Platform

    June 18, 2025

    Unfazed by falling cryptocurrency prices! Anchor Mining cloud mining: earn over $4,000 a day even in a bear market?

    November 26, 2025

    Copper Prices Per KG/Pound [+ Historic Data]

    February 21, 2025
    Our Picks

    What Is a CBDC? India’s E-Rupee & Global Examples

    September 5, 2025

    UK property market sees green shoots as buyers anticipate rate cut, lower mortgage rates

    July 22, 2024

    Millions of households MUST check their energy meter… or risk higher bills in January

    December 18, 2025
    Weekly Top

    Gold is higher after Fed keeps rates unchanged

    January 28, 2026

    Fintech Oportun’s CEO to step down

    January 28, 2026

    The precious metal feeding frenzy

    January 28, 2026
    Editor's Pick

    Smart Investor: An Undervalued Stock That Boosted Its Dividend, A Divided Fed, and November Stock Market Outlook

    November 8, 2025

    What difference could bonds make to funding a future Scotland?

    November 13, 2025

    Shortlist of Britain’s best property and construction talents unveiled | UK | News

    March 15, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.