Union Budget 2026-27: FM proposes 5 medical tourism hubs

Story by  PTI | Posted by  Aasha Khosa | Date 01-02-2026
Videograb of Nirmala Sithraman presenting the Union budget
Videograb of Nirmala Sithraman presenting the Union budget

 

New Delhi

Finance Minister Nirmala Sitharaman on Sunday proposed to set up five hubs for medical tourism and a Rs 10,000-crore outlay for Biopharma Shakti programme over the next five years.

Presenting the Union Budget, she said, "I propose to launch a scheme to support states in establishing five regional medical hubs."

She said these hubs will serve as integrated healthcare complexes that combine medical, educational and research facilities.

She said, "I propose the Biopharma Shakti with an outlay of Rs 10,000 crore over the next five years, this will build the ecosystem for domestic production of biologics and biosimilars."

President Droupadi Murmu feeding curd-sugar to FM Sitharaman before leaving for Parliament to present Union Budget:

The strategy will include a biopharma-focused network with three new National Institutes of Pharmaceutical Education and Research, popularly known as NIPERS, and upgrading seven existing ones, she added.

"It will also create a network of 1,000 accredited India clinical trials sites. We propose to strengthen the central drug standard control organisation to meet global standards and approve timeframes, through an approval time frames through a dedicated scientific review cadre, and specialists," said said.

ALSO READAssam: Polygamy is a declining trend among Muslims

She also proposed setting up three new All India Institute of Ayurveda