IBSD organises awareness programme on BioE3 Policy
Source: The Sangai Express

Imphal, August 28 2024: The Institute of Bioresources and Sustainable Development (IBSD) has organised an awareness programme on BioE3-Biotechnology for Economy, Environment and Employment Policy.

The open house programme for talented school students of Imphal aimed at highlighting the new bioeconomy policy which will be a transformative shift in India's bio-manufacturing sector and boost the economy, enhance innovation, jobs and clean environment, said the institute in a statement.

IBSD organises awareness programme on BioE3 Policy

Students from different schools including Ajad English School, Meitram; Rangtaiba Memorial Institute, Maram; The Blossom School, Changangei; Islamic Baby English School, Lilong; St George High School, Wangkhei; RK Sanatombi Devi Vidyalaya, Pangei; The Little Master English Hr Sec School, Samurou; Eastern Ideal High School, Akampat; King's Way English School, Sanjenthong; Eastern Star Hr Sec School, Khangabok attended the event in line with the "Science Motivational Programme" of MASTEC, Imphal.

During the programme, Professor Pulok Kumar Mukherjee, Director, IBSD, highlighted that the BioE3 (Biotechnology for Economy, Environment and Employment) Policy is a great landmark initiative of DBT, Government of India.

To promote BioE3 policy, IBSD will work towards development of bioeconomy from bioresources, the Director said.

Notably, the Union Cabinet has approved 'BioE3 (Biotechnology for Economy, Environment and Employment) Policy for fostering high performance biomanufacturing' of the Department of Biotechnology.

The salient features of BioE3 policy include innovation-driven support to R&D and entrepreneurship across thematic sectors.

The policy aims to accelerate technology development and commercialization by establishing Biomanufacturing & Bio-AI hubs and Biofoundry.

Along with prioritising regenerative bioeconomy models of green growth, this policy will facilitate expansion of India's skilled workforce and provide a surge in job creation.

Overall, this policy will further strengthen Government's initiatives such as 'Net Zero' carbon economy & 'Lifestyle for Environment' and steer India on the path of accelerated 'Green Growth' by promoting 'Circular Bioeconomy' .

The Institute of Bioresources and Sustainable Development (IBSD) at Imphal is the only institute in the North Eastern Region (NER), under the ambit of the Biotechnology Research and Innovation Council (BRIC), Department of Biotechnology, Govt of India, which is working on "Bioresources development and their sustainable use through biotechnological interventions for the socio-economic growth of the North Eastern Region" .

IBSD is synergizing different research areas for the development of bioeconomy from bioresources with special reference to NER.