India News: High-Performance Biomanufacturing and Green Growth Initiatives
Saturday, 24 August 2024, 14:41
India's Biomanufacturing Policy: BioE3 Approved
The Union Cabinet in New Delhi has officially granted approval for a groundbreaking biotech policy aimed at high-performance biomanufacturing, termed BioE3. This decisive move is set to accelerate i
Vigyan Dhara: Unifying Schemes for Better Efficiency
- The Vigyan Dhara initiative amalgamates existing schemes focused on institutional and human capacity building.
- An outlay exceeding Rs 10,579 crore is allocated for the 15th Finance Commission period, from 2021-22 to 2025-26.
- Enhanced fund utilisation and program synchronisation are at the core of this unified scheme.
Core Focus of BioE3
With an overarching goal of steering India towards its ambitious 'net zero' emissions target by 2070, BioE3 emphasizes:
- Development of bio-based products and high-value chemicals.
- Creation of Bio-AI hubs and biofoundries.
- Promotion of technologies in climate-resilient agriculture and carbon capture.
This policy is pivotal for fostering entrepreneurship and commercialization of advanced biotechnologically derived solutions in India.
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.