BIOPHARMA SHAKTI (STRATEGY FOR HEALTHCARE ADVANCEMENT THROUGH KNOWLEDGE, TECHNOLOGY AND INNOVATION) PROPOSED IN THE UNION BBUDGET 2026-27

India, Feb. 1 -- The Government of India has issued a release:

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presented the Union Budget 2026-27 in Parliament today. In her speech, the Finance Minister said that the government is inspired by 3 Kartavyas: (1) to accelerate and sustain economic growth; (2) to fulfill aspirations and build the capacity of the population; (3) to ensure that every family, community, region and sector has access to resources. Health emerges as an important component of all the three Kartavyas in the Union Budget.

To develop India as a global Biopharma manufacturing hub, the Union Budget proposes the Biopharma SHAKTI (Strategy For Healthcare Advancement Through Knowledge, Technolo...