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1. What policy has the Union Cabinet approved to enhance R&D, entrepreneurship, and job creation in biomanufacturing?
The Union Cabinet has approved the BioE3 Policy, which is designed to strengthen research and development, entrepreneurship, and job creation within the advanced biomanufacturing sector. This policy aims to establish Bio-AI hubs and Biofoundries, aligning with India's broader objectives of achieving a 'Net Zero' carbon economy and promoting 'Green Growth.' By fostering a circular bioeconomy and encouraging sustainable practices, the BioE3 Policy is a significant step towards India's commitment to becoming carbon neutral by 2070.