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Daily Excelsior

Business / Daily Excelsior

Union Budget: Five Regional Medical Hubs To Be Set Up To Boost Medical Tourism In Country

New Delhi, Feb 1: Giving an impetus to medical tourism, Union Finance Minister Nirmala Sitharaman on Sunday proposed launching a scheme to support states in establishing five regional medical hubs in partnership with the private sector. These hubs will serve as integrated healthcare complexes that combine medical, educational and research facilities, Sitharaman said presenting the budget 2026-27. They will have AYUSH centres, medical value tourism facilitation centres and infrastructure for diag

1 Feb 2026 12:52 pm
Budget Proposes Rs 10,000 Cr Investment In Biopharma Over Next 5 Years

NEW DELHI, Feb 1: Finance Minister Nirmala Sitharaman on Sunday proposed Rs 10,000 crore investment in the biopharma sector over the next five years, a move which would give a boost to the countrys pharmaceuticals industry. Biopharmaceuticals, or biologics, are complex medicines manufactured from living organisms, cells, or tissues rather than through chemical synthesis. She also proposed interventions in six areas, including manufacturing, strategic and frontier sectors, healthcare and advanced

1 Feb 2026 11:36 am