The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the BioE3 Biotechnology for Economy, Environment and Employment Policy which aims to drive innovation and accelerate India's transition to a Net Zero carbon economy. This policy will also support the government's initiatives towards a sustainable and circular bioeconomy. With a focus on strategic sectors such as high value bio-based chemicals, precision biotherapeutics and climate resilient agriculture, the BioE3 Policy aims to foster a more resilient biomanufacturing ecosystem and promote job creation.