Question
The Bio-Pharma Shakti initiative under Budget 2026–27 aims to: 1. Invest ₹10,000 crore in biologics and biosimilars production 2. Create 1,000 clinical trial sites 3. Position India as a global biopharma hub 4. Exempt customs duty on 17 life-saving drugs Which of the above statements correctly describe Bio-Pharma Shakti specifically?
Solution
Statements 1, 2, and 3 describe Bio-Pharma Shakti. The custom duty exemption on 17 life-saving drugs is a separate affordability measure under healthcare, not part of Bio-Pharma Shakti specifically.
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