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Biotechnology is technology based on biology. Biotechnology generates cellular and biomolecular processes to develop technologies and products that help improve our lives and the health of our planet. Biotechnology is helping to heal the world by harnessing nature’s own toolbox and using our own genetic makeup.
Research and developmental achievements:
▪️Stem Cell Research: Stem cells have the ability to keep on dividing infinitely and have the capacity to distinguish into different types of body cells during the early development of an organism. Researchers can program these stem cells to differentiate into specific types of cells.
▪️Human Genome Project: It was an international scientific research project coordinated by the National Institutes of Health and the U.S. Department of Energy. Officially launched in 1990, it had the goal of determining the sequence of nucleotide base pairs that make up human DNA. It has supported researchers in identifying genes that cause diseases.
▪️Targeted Cancer Therapies: The established standard chemotherapies are toxic for healthy cells at present. Targeted cancer therapies are drugs that operate either by interfering with the function of specific molecules or by only targeting known cancerous cells in order to reduce damage to healthy cells.
▪️CRISPR: Clustered Regularly Interspersed Short Palindromic Repeats (CRISPR) is a relatively new gene-editing system that has been hailed as a groundbreaking tool in medical research. HIV research is one of its many uses.
Role in uplifting poorer sections of society:
▪️Biotechnology is assisting to expand the income of marginal farmers by increasing crop yield and making it climate and pest resilient.
It has revolutionised the medical science leading to controlled death rate and world class treatment possible in India itself.
▪️By genome sequencing, biotechnology helps in accessing health of the people from the corners of India which ultimately proves conducive for the government in framing targeted policy initiatives.
▪️It also proves beneficial in expanding the shelf life of food products, which in turn, keeps their price in check for the poor.
▪️Pollution attacks poor the most. Biotechnology helps in reducing pollution and, thus, alleviates their suffering. For example, landfills are cleaned through bioremediation techniques.
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Universal Service Obligation Fund (USOF)
Context:- Telecom service providers have urged the Ministry of Finance to suspend the universal service obligation fund (USOF) levy until the existing corpus is exhausted.
About Universal Service Obligation Fund (USOF):
USOF was set up by an Act of Parliament in December 2003 by amending the Indian Telegraph Act, 1885.
The objective of the USOF is to provide access to telecom services in a non-discriminatory manner to people in rural and remote areas at affordable and reasonable prices, thereby bridging the rural-urban digital divide.
For commercially non-viable rural and remote areas, USOF provides subsidy support in the form of Net Cost or Viability Gap Funding (VGF) to incentivize telecom service providers for the expansion of telecommunications and broadband services in those areas.
Funding Mechanism:
The USOF is funded through a levy on the revenue earned by telecom operators.
The government imposes a Universal Service Levy (USL) on the gross revenue of the telecom companies, which is a percentage of their Adjusted Gross Revenue (AGR).
This levy is collected and deposited into the USOF.
Administration:
USOF is headed by the Administrator, USO Fund who is appointed by the Central Government, for the administration of the fund.
It is an attached office of the Department of Telecommunications (DoT), Ministry of Communications.
What is the Telecom Technology Development Fund (TTDF)?
USOF officially launched the TTDF Scheme on October 1st, 2022.
The TTDF Scheme is aimed at domestic companies and institutions involved in technology design, development, and commercialization of telecommunication products and solutions to enable affordable broadband and mobile services in rural and remote areas.
This initiative helps to connect schools with varied volunteers from the Indian Diaspora, namely, young professionals, retired teachers, retired Government officials, retired professionals, NGOs, Private Sector and Public Sector Companies, Corporate Institutions, and many others.
Under the scheme, USOF is also targeting to develop standards to meet countrywide requirements and create an ecosystem for research, design, prototyping, use cases, pilots, and proof-of-concept testing, among others.
The scheme entails grants to Indian entities to encourage and induct indigenous technologies tailor-made to meet domestic needs.
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