Context:
Centre approves ‘BioE3’ policy for boosting innovation-driven support to R&D
BioE3 Policy:
- An initiative by the Indian government aimed at leveraging biotechnology to foster the growth of economy, environment, and employment opportunities
- Key Objectives –
- Economic Growth – Promote research and innovation in biotechnology to drive economic growth.
- Environmental Sustainability – Encourage green growth strategies and regenerative bioeconomy models.
- Employment – Expand India’s skilled workforce and create jobs in the biotechnology sector
- Strategic Focus Areas –
- Development of High-Value Bio-Based Chemicals.
- Innovations in food technology.
- Advanced medical treatments (Precision Biotherapeutics)
- Sustainable farming practices.
- Technologies for reducing carbon footprint.
- Implementation Strategy –
- Biomanufacturing & Bio-AI Hubs – Establishing hubs to advance biotechnologies and AI.
- Biofoundry – Converting academic research into commercial products.
- BioE3 Council – To oversee policy implementation.
- BioE3 Fund – To support R&D and biotechnology entrepreneurship.
- Online BioE3 Portal – To facilitate knowledge distribution and stakeholder coordination
- Implications –
- Sustainable Development – Promote green growth and regenerative bioeconomy.
- Global Competitiveness – Enhance India’s position in the global biotechnology market.
- Net Zero Carbon Economy – Support carbon capture and utilization efforts
Source: Economic Times
Previous Year Question
According to India’s National Policy on Biofuels, which of the following can be used as raw materials for the production of biofuels?
1. Cassava
2. Damaged wheat grains
3. Groundnut seeds
4. Horse gram
5. Rotten potatoes
6. Sugar beet
Select the correct answer using the code given below:
[UPSC Civil Services Exam – 2020 Prelims]
(a) 1, 2, 5 and 6 only
(b) 1, 3, 4 and 6 only
(c) 2, 3, 4 and 5 only
(d) 1, 2, 3, 4, 5 and 6
Answer: (d)
