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06 Jun 2025
GS Paper 2
Science & Tech
Day 8: What is India’s BioE3 policy, and what are its key features? (100 words)
Approach:
- Start with an introduction providing a brief overview of the policy.
- Break down the answer into clear, pointed features.
- Conclude suitably.
Introduction:
India’s BioE3 (Biotechnology for Economy, Environment, and Employment) Policy is a strategic initiative aimed at fostering sustainable growth in the biotechnology sector. It seeks to strengthen the country’s bio-manufacturing capabilities while focusing on green practices and addressing critical challenges like climate change and food security.
Body:
- Innovation and Technology Development: The policy encourages biotechnology innovation, emphasizing technology development in high-performance biomanufacturing.
- Focus on Green Growth: It supports the development of sustainable biotechnological products aligned with environmental goals.
- Support for R&D and Entrepreneurship: Promotes research and development and the establishment of Biomanufacturing and Bio-AI hubs to drive commercialization.
- Circular Bioeconomy: Aims to establish a circular bioeconomy that tackles issues such as climate change, food security, and human health through sustainable practices.
- Alignment with National Goals: It aligns with India’s Net Zero carbon goals and the Lifestyle for Environment initiative.
- Strategic Sectors: Focus areas include bio-based chemicals, smart proteins, biopolymers, precision biotherapeutics, and climate-resilient agriculture.
- Growth Targets: Aims to reach a $300 billion bioeconomy by 2030, up from $130 billion in 2024.
Conclusion:
India’s BioE3 policy is a timely move to promote sustainable biotechnology practices, enhance biomanufacturing, and create jobs. It is crucial for India’s transition to a green, innovation-driven economy. The policy positions India as a key player in global biomanufacturing.