The Union Cabinet has approved the proposal for Biotechnology for Economy, Environment and Employment: BioE3 policy to promote high-performance biomanufacturing.
Key Features of BioE3 Policy
- Innovation-driven support to R&D and entrepreneurship in thematic areas.
- Technology development and commercialization by establishing biomanufacturing and bio-AI hubs and biofoundries.
- Facilitate the expansion of India’s skilled workforce, while prioritizing regenerative bioeconomy models of green growth.
- Increase employment generation.
Strategic/Thematic Areas
- High-value bio-based chemicals, biopolymers and enzymes
- Smart proteins and functional foods
- Precision biomedicine
- Climate resilient agriculture
- Carbon reduction and utilisation
- Marine and space research.
BioE3 Policy Significance
- Strengthening initiatives such as ‘Net Zero’ carbon economy and ‘Lifestyle for Environment’
- Accelerating India’s progress on the path of ‘Green Growth’ by promoting ‘Circular Bioeconomy’.
- This policy lays down the Bio-Vision for a developed India.