{"id":18666,"date":"2026-02-02T14:59:24","date_gmt":"2026-02-02T09:29:24","guid":{"rendered":"https:\/\/theeducationoverview.in\/?p=18666"},"modified":"2026-02-02T14:59:24","modified_gmt":"2026-02-02T09:29:24","slug":"union-budget-2026-27-a-new-era-for-pharma-sector-under-the-leadership-of-pm-modi-union-minister-sh-jp-nadda","status":"publish","type":"post","link":"https:\/\/theeducationoverview.in\/?p=18666","title":{"rendered":"Union Budget 2026-27- A New Era for Pharma Sector under the leadership of PM Modi: Union Minister Sh. JP Nadda"},"content":{"rendered":"<div class=\"text-center event-heading-background\">\n<h2 id=\"Titleh2\" style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>Union Budget 2026-27- A New Era for Pharma Sector under the leadership of PM Modi: Union Minister Sh. JP Nadda<\/strong><\/span><\/h2>\n<h3 id=\"Subtitleh3\" style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong><span id=\"ltrSubtitle\"><br \/>\nBudget reflects the Government\u2019s strong commitment to \u2018A Developed and Self-Reliant India\u2019: MoS Smt. Anupriya Patel<\/span><\/strong><\/span><\/h3>\n<\/div>\n<div id=\"PrDateTime\" class=\"ReleaseDateSubHeaddateTime text-center pt20\" style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>Posted On: 01 FEB 2026 6:28PM by PIB Delhi<\/strong><\/span><\/div>\n<div class=\"pt20\" style=\"text-align: justify;\"><\/div>\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>Union Minister for Chemical and Fertilizers, Sh. J. P. Nadda, has lauded the Union Budget 2026-27 presented by Union Minister of Finance &amp; Corporate Affairs Smt. Nirmala Sitharaman in the Parliament today as a \u2018Vikasit Bharat Budget\u2019 with a long-term vision under the leadership of Prime Minister Shri Narendra Modi.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>\u00a0Commending the emphasis on advancing the Biopharmaceutical ecosystem in the country, the Minister has stated, \u201cUnder the Biopharma Shakti Initiative, the Government has proposed an outlay of \u20b910,000 crore over the next five years. This will enhance domestic production of advanced biologic medicines and biosimilars. Establishment of three new institutes and the upgradation of seven existing institutes will usher in a new era of growth, innovation, and global competitiveness for India\u2019s pharmaceutical sector. Three new dedicated Chemical Parks in states will enhance domestic chemical production\u201d he added.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image001HJU1.jpg\" \/><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>\u00a0Minister of State for Chemicals &amp; Fertilisers Smt. Anupriya Patel, while welcoming the Union Budget 2026-27, said that \u201cthis budget marks the beginning of a new era in the Health and Pharma sector. From the \u20b910,000 crore \u2018Biopharma Shakti\u2019 initiative to three new National Institutes of Pharmaceutical Education and Research (NIPERs) and a new NIMHANS in North India, this Budget reflects the Government\u2019s strong commitment to \u2018a Developed and a Self-Reliant India\u2019<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image002WNHE.jpg\" \/><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Budget 2026-27- A New Era for Pharma Sector under the leadership of PM Modi: Union Minister Sh. JP Nadda Budget reflects the Government\u2019s strong commitment to \u2018A Developed and Self-Reliant India\u2019: MoS Smt. Anupriya Patel Posted On: 01 FEB 2026 6:28PM by PIB Delhi Union Minister for Chemical and Fertilizers, Sh. J. P. Nadda, &hellip;<\/p>\n","protected":false},"author":2,"featured_media":18667,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-news"],"_links":{"self":[{"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/posts\/18666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18666"}],"version-history":[{"count":1,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/posts\/18666\/revisions"}],"predecessor-version":[{"id":18668,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/posts\/18666\/revisions\/18668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/media\/18667"}],"wp:attachment":[{"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}