Finance Minister Unveils Eco-Friendly Initiative with Bio-Manufacturing and Bio-Foundry Scheme
Updated: Feb 01, 2024 12:09:11pm
Finance Minister Unveils Eco-Friendly Initiative with Bio-Manufacturing and Bio-Foundry Scheme
New Delhi, Feb 1 (KNN) Finance Minister Nirmala Sitharaman has announced a groundbreaking scheme aimed at advancing eco-friendly alternatives through bio-manufacturing and bio-foundry.
Emphasising a commitment to promote sustainable development in the country, Sitharaman announced the upcoming launch of this scheme during her interim budget speech.
She mentioned, “For promoting green growth, a new scheme for bio manufacturing and bio foundry will be launched.”
“This will provide eco-friendly alternatives such as biodegradable polymers, bio plastics, bio pharmaceuticals, and bio agricultural inputs,” she further added.
By fostering bio-manufacturing and bio-foundry practices, the government aims to contribute to a more sustainable and ecologically responsible industrial landscape.
(KNN Bureau)