BioE3 Policy: Narendra Modi's Vision for Research and Development
BioE3 Policy Revolutionizes Scientific Advancement
Prime Minister Narendra Modi on Saturday hailed the BioE3 policy approved by the Union Cabinet as a landmark initiative designed to promote high-performance bio-manufacturing. This policy, officially known as Biotechnology for Economy, Environment and Employment, aims to foster research and development and enhance entrepreneurial growth in various sectors.
Key Highlights of the BioE3 Policy
- Encourages Scientific Advancement: Modi emphasized that the policy will drive scientific, industrial, and societal progress.
- Promotes Environmental Preservation: The policy integrates environmental conservation as a core component.
- Job Creation: Aimed at enhancing employment opportunities through biotechnology.
Additionally, the Prime Minister praised the Vigyan Dhara scheme, stating its role in inspiring innovation among India's youth. It's an initiative expected to position India as a global leader in scientific research. The Union Cabinet approved the continuation of the scheme with a significant funding outlay of Rs 10,579 crore from 2021-22 to 2025-26.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.