Federal Minister Professor Ahsan Iqbal said “Innovation is key to future economic success”. Our researchers and scientists are national assets. Government has launched Rs 7 billion innovation fund to support innovation in various sectors. The development budget for HEC has been increased by 68% in new budget to promote higher education sector, which was neglected by the previous government. He was speaking with the delegation of Centre of Excellence Molecular Biology (CEMB), Punjab University. The delegation of CEMB was headed by Dr Kausar Malik, Director, who apprised the minister of the Research and new BT cotton, seed development by the center which was virus resistant and high yielding variety. The seed could add Rs.173 Billion value to Pakistan’s Agriculture. The project is aimed at improving the human skill base of the populations through training in cGMP compliance pilot scale production, investment in education; increasing higher education coverage; increasing investment in R&D; and building research and education network with other universities. The CEMB has submitted proposal for Establishment of cGMP Compliance Pilot Scale Production Facilities to Promote Commercialization of Laboratory Research. The Minister has directed to submit PC-1 of the project while observing that future battles are not in battlefields , they will be in class rooms and Laboratories. So whosoever will have better classrooms and productive Laboratories will win the future. This is future frontier of Knowledge Economy, He added.
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