Govt gives nod to BioE3 policy, Vigyan Dhara scheme to foster R&D

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Govt gives nod to BioE3 policy, Vigyan Dhara scheme to foster R&D - Business Standard

Quick Summary:

The Union Cabinet on Saturday approved the 'BioE3' (Biotechnology for Economy, Environment and Employment) policy for fostering high-performance biomanufacturing of the Department of Biotechnology.

According to Information and Broadcasting Minister Ashwini Vaishnaw, the BioE3 policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors.

Along with prioritising regenerative bioeconomy models of green growth, this policy will facilitate the expansion of India's skilled workforce and provide a surge in job creation.