New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman proposed setting up three new All India Institute of Ayurveda in her Union Budget 2026-27 speech on Sunday. These institutions are aimed at boosting research, education, and healthcare capacity across the country.

In a series of announcements for the education sector in the budget, the minister said the Centre will upgrade Ayush pharmacies and drug testing labs, WHO (World Health Organisation) Traditional Medicine Centre at Jamanagar, Gujarat.

Sitharaman also announced that the government will support five university townships in the vicinity of major industrial logistics centres.

She also proposed a loan-linked capital subsidy support scheme for veterinary colleges, hospitals, a...