Current Context : The Union Cabinet approved the proposal ‘BioE3 (Biotechnology for Economy, Environment and Employment) Policy for Fostering High Performance Biomanufacturing’ of the Department of Biotechnology.
WHAT IS BIOE3?
- 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.
- It 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.
- It 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’.
ABOUT HIGH-PERFORMANCE BIOMANUFACTURING
- It 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.