Addressing a recent cabinet briefing the minister of information and broadcasting said: “One of the biggest decisions taken by Union Cabinet today is about BioE3.Like there was the industrial revolution and IT revolution, a bio revolution will soon take place. For this, we needed a good policy framework – Biotechnology for Economy, Environment and Employment – which has been approved by the Cabinet.”
What is Bio E3 policy
The BioE3 Policy primarily concentrate on the following strategic sectors: high-value bio-based chemicals, biopolymers & enzymes; smart proteins & functional foods; precision biotherapeutics; climate-resilient agriculture; carbon capture & its utilization; marine and space research, as per a statement released by cabinet ministry.
Key features of Bio E3
- The BioE3 policy’s key aspects involve supporting innovation-driven R&D and entrepreneurship across various thematic sectors.
- This will expedite the development and commercialization of technology through the establishment of Biomanufacturing & Bio-AI hubs and Biofoundry.
- In general, this Policy will bolster the Government’s initiatives such as ‘Net Zero’ carbon economy & ‘Lifestyle for Environment’ and will guide India towards accelerated ‘Green Growth’ by encouraging ‘Circular Bioeconomy’.
- The BioE3 Policy will nurture an advanced future that is more sustainable, innovative, and responsive to global challenges and sets out the Bio-vision for Viksit Bharat.
What is high-performance biomanufacturing
High-performance biomanufacturing involves the production of products ranging from medicine to materials, tackling farming and food challenges, and promoting the manufacturing of bio-based products through the integration of advanced biotechnological processes.
The Union minister said that the upcoming revolution is expected to create numerous job opportunities in the fields of bio-technology and bio-science and to support this growth.
Source Agencies
