The Union cabinet recently approved a biotech policy to create high-performing manufacturing.

The policy, Biotechnology for Economy, Environment and Employment (BioE3), will accelerate innovation-driven support for green growth and the bio-economy and help India achieve its “Zero emissions by 2070” goal.

Under this, biomanufacturing sites, Bio-A1 hubs, and bio-foundries will be established, which will subsequently increase employment opportunities.

The cabinet also approved the continuation of three schemes that worked on institutional and human capacity building, research and development, and technology deployment.

The three schemes will now be merged into one central scheme, “Vigyan Dhara,” to ensure efficient fund utilization and will establish synchronization of the three schemes.