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Cabinet approves BioE3 (Biotechnology for Economy, Environment and Employment) Policy for Fostering High Performance Biomanufacturing

Published By : Admin | August 24, 2024 | 21:17 IST

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the proposal ‘BioE3 (Biotechnology for Economy, Environment and Employment) Policy for Fostering High Performance Biomanufacturing’ of the Department of Biotechnology.

The salient features of BioE3 policy include innovation-driven support to R&D and entrepreneurship across thematic sectors. This will accelerate technology development and commercialization by establishing Biomanufacturing & Bio-AI hubs and Biofoundry. Along with prioritizing regenerative bioeconomy models of green growth, this policy will facilitate expansion of India’s skilled workforce and provide a surge in job creation.

Overall, this Policy will further strengthen Government’s initiatives such as ‘Net Zero’ carbon economy & ‘Lifestyle for Environment’ and will steer India on the path of accelerated ‘Green Growth’ by promoting ‘Circular Bioeconomy’. The BioE3 Policy will foster and advance future that is more sustainable, innovative, and responsive to global challenges and lays down the Bio-vision for Viksit Bharat.

Our present era is an opportune time to invest in the industrialization of biology to promote sustainable and circular practices to address some of the critical societal issues-such as climate change mitigation, food security and human health. It is important to build a resilient biomanufacturing ecosystem in our nation to accelerate cutting-edge innovations for developing bio-based products.

High performance biomanufacturing is the ability to produce products from medicine to materials, address farming and food challenges, and promote manufacturing of bio-based products through integration of advanced biotechnological processes. To address the national priorities, the BioE3 Policy would broadly focus on the following strategic/thematic 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.

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PM Modi addressed BJP Karyakartas on the party’s Sthapana Diwas, paying tribute to generations of workers and their dedication, sacrifice and unwavering commitment. He reminisced about the early years when the BJP had neither power nor resources, and karyakartas travelled tirelessly to connect with people. He reiterated their belief in a brighter future for Bharat, which kept them going despite challenges like the Emergency, political isolation and violence.

The PM paid homage to all those who lost their lives for the welfare of people, particularly in states like West Bengal and Keralam and said BJP workers have always remained fearless and committed to nation-building.

Reflecting on BJP’s growth, PM Modi said the party’s success is rooted in a long journey of intent, policy and dedication. Inspired by the ideals of the Rashtriya Swayamsevak Sangh, BJP entered politics with a commitment to ‘clean and value-based governance’. Over the decades, the party built a strong cadre driven by service, discipline and ideological clarity.

He highlighted that the BJP has also set a new benchmark in coalition politics through the NDA, which has completed over 25 years, reflecting inclusivity and respect for regional aspirations.

Speaking on governance, he recalled that the party had resolved to ensure greater participation of women and fulfilled its commitment by bringing the Nari Shakti Vandan Adhiniyam, with the aim of implementing it in the 2029 elections.

He said that today, the BJP is guided by the principle of Antyodaya. He noted that through a saturation approach, the government has helped lift 25 crore people out of poverty.

PM Modi highlighted key milestones achieved by the government, including the removal of Article 370 in Jammu and Kashmir, fulfilling a long-standing commitment of the party.

He added that BJP has consistently worked to strengthen national unity through initiatives like One Nation One Tax with GST, One Nation One Ration Card, and One Nation One Grid, etc.,

Emphasising India’s global outlook, the PM said the country is guided by the spirit of “Vasudhaiva Kutumbakam” and is engaging with the world with equal closeness. He said BJP has balanced development with heritage, ensuring due recognition to all great personalities of India, including Netaji Subhas Chandra Bose and the Azad Hind Fauj, while also promoting Khadi and the spirit of self-reliance.

On economic and environmental progress, PM Modi noted that India is achieving its climate goals ahead of time and has significantly expanded its renewable energy capacity, especially in solar power.

Concluding his address, the Prime Minister reaffirmed that BJP will continue to work with dedication towards nation-building, guided by its core principle:
“Rashtra Pratham (Nation First)”.