Discover the Impact of the 'BioE3' Policy on Biotechnology in India
Ashwini Vaishnaw Announces 'BioE3' Policy
New Delhi: The Union Cabinet on Saturday approved the 'BioE3' (Biotechnology for Economy, Environment and Employment) policy for fostering high-performance biomanufacturing of the Department of Biotechnology.
According to Information and Broadcasting Minister Ashwini Vaishnaw, the BioE3 policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors.
Driving Biotechnology Innovation
This strategy will accelerate technology development and commercialization by establishing biomanufacturing and bio-AI hubs and biofoundries, he said.
- Green Growth: Prioritizing regenerative bioeconomy models
- Job Creation: Facilitating the expansion of India’s skilled workforce
- Government Initiatives: Strengthening plans for a ‘Net Zero’ carbon economy
An official statement emphasized that the policy will further strengthen government initiatives, steering India towards accelerated 'Green Growth' by promoting a 'Circular Bioeconomy'.
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