BioE3 Policy : Biotechnology For Economy, Environment, And Employment
The Union Cabinet approved the BioE3 Policy (Biotechnology for Economy, Environment, and Employment) to drive a biotech manufacturing revolution, akin to the IT sector’s transformation in the 1990s.
- The BioE3 Policy aims to revolutionize biotechnology in India by boosting sustainable bio-manufacturing across sectors like healthcare, agriculture, and environmental conservation. It fosters innovation, supports national priorities, and enhances employment through advanced biotechnological processes.
Features of the BioE3 (Biotechnology for Economy, Environment, and Employment) Policy:
- It focuses on promoting biotechnology-based manufacturing in India, aiming to catalyze a technological revolution.
- Here are the important features:
- High-Performance Biomanufacturing: Focuses on manufacturing products through advanced biotechnological processes, including medicines, materials, and bio-based products for agriculture and industry.
- Strategic Thematic Sectors: The policy covers six thematic areas:
- Bio-based chemicals, biopolymers, and enzymes.
- Smart proteins and functional foods.
- Precision biotherapeutics.
- Climate-resilient agriculture.
- Carbon capture and utilization.
- Marine and space research.
- Fostering Innovation: Encourages the development of bio-based products that can address environmental, agricultural, and industrial challenges.
- Capacity Building: Supports the creation of internships for students in grades 11th and 12th, as well as fellowships for graduate and post-graduate research.
- Focus on National Priorities: Addresses critical areas such as sustainable agriculture, environmental conservation, and biotechnology innovation to meet national needs.
- Government Backing: Merged various schemes into a single initiative called “Vigyan Dhara,” which allocates significant resources for science, technology, research, and innovation.
