Cabinet Approves BioE Policy to Foster High Performance Bio-Manufacturing

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the BioE3 (Biotechnology for Economy, Environment and Employment) Policy.

The BioE3 (Biotechnology for Economy, Environment and Employment) is a landmark initiative that will foster High Performance Bio-manufacturing. This will also encourage scientific, industrial and societal advancements in the times to come. Other benefits include environmental preservation and employment creation.

High performance biomanufacturing is the ability to produce products from medicine to materials, address farming and food challenges, and promote manufacturing of bio-based products through integration of advanced biotechnological processes.

Here are the key points of BioE Policy:

1. Innovation-Driven Support: The policy focuses on innovation-driven support for research and development (R&D) and entrepreneurship across thematic sectors.

2. Accelerating Technology Development: It aims to accelerate technology development and commercialization by establishing Biomanufacturing & Bio-AI hubs and Biofoundry

3. Regenerative Bioeconomy: The policy prioritizes regenerative bioeconomy models for green growth, expanding India's skilled workforce, and creating jobs.

4. Strategic Sectors: BioE3 will address national priorities in sectors such as high-value bio-based chemicals, biopolymers, enzymes, smart proteins, functional foods, precision biotherapeutics, climate-resilient agriculture, carbon capture, marine research, and space research.

This policy sets India on the path of accelerated 'Green Growth' by promoting a 'Circular Bioeconomy.' It envisions a sustainable, innovative future for Viksit Bharat.

Overall, this Policy will further strengthen Government’s initiatives such as ‘Net Zero’ carbon economy & ‘Lifestyle for Environment’ and will steer India on the path of accelerated ‘Green Growth’ by promoting ‘Circular Bioeconomy’. The BioE3 Policy will foster and advance future that is more sustainable, innovative, and responsive to global challenges and lays down the Bio-vision for Viksit Bharat.
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