Biotechnology Policy, 2063 (2006 A.D.).

The overall objective of the Biotechnology Policy, 2063 is to make contribution to the reduction of poverty by developing and expanding biotechnology with its use in the sectors of comparative benefit and its application as a basis of key substitute for the development of the country as well as environment protection and public welfare. Other objectives of this policy are as follows: fulfill a minimal need of food grains and nutritious food for growing population, thereby assisting in the reduction of poverty; use biotechnology in the areas comparatively providing benefit to Nepal; encourage research and development of biotechnology contributing for developing the forests, agriculture and food sectors in an internationally competitive and environmentally sustainable manner; promote a managerial skill in the field of biotechnology, attract the competent researchers and experts, promote an entrepreneurship and maintain a balance between demand and supply for the expert-skill; reduce environmental degradation and protect natural resources and means; To develop simple and new programmes for ensuring the transformation of the results of research into professional use subject to making contribution to the rural and national economic system (pag. 2).
Its Vision aims at increasing the production and productivity by means of research and development of biotechnology as well as transferring technology, and improving the living standard of Nepali people by achieving a significant progress in the field of public health and environment (pag. 1).
The following strategies shall be adopted to fulfill the above mentioned objectives: create a conducive environment by means of encouraging and regulatory working structure for the development and research of prerequisite infrastructure in biotechnology and the related sector; establish biotechnology industries on the basis of national requirement, market demand and regional characteristics; make necessary legal provisions for the development and commercialization of biotechnology; ensure such matters as intellectual property right, biosafety, bio-surveillance and bio-ethics; encourage for making a research continuously with a view to using biotechnology in forest, agriculture and food grains, herbs, mushroom production and processing system including animal and human health system; identify needs of rural people involved in biotechnology-based activities by means of regular monitoring and public awareness, and make necessary provision accordingly; promote participation of private sector and give high priority to research, development and expansion of biotechnology; maintain and manage the records on the achievement of biotechnology; draft laws on the ownership of biotechnological resources of Nepal; develop indicators to measure public benefit as may be provided by biotechnology for sustainability, natural resource management, environment and biodiversity conservation, and make such benefits to the public; provide timely information about actual condition on size, trend and quality standard of the market of genetically modified and not modified products, etc. (pags. 3 and 4).