Prime Minister Narendra Modi on Saturday hailed the "BioE3" policy approved by the Union Cabinet as a landmark initiative and said it will encourage scientific, industrial and societal advancements in the times to come.
The Union Cabinet approved the "BioE3" (Biotechnology for Economy, Environment and Employment) policy for fostering high-performance bio-manufacturing of the Department of Biotechnology.
According to Information and Broadcasting Minister Ashwini Vaishnaw, the policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors.
In a post on X, Modi said, "The BioE3 (Biotechnology for Economy, Environment and Employment) policy that has been approved by the Cabinet is a landmark initiative that will foster high performance bio-manufacturing."
"This will also encourage scientific, industrial and societal advancements in the times to come. Other benefits include environmental preservation and employment creation,"
