Union Budget 2026–27: Major Boost to Healthcare in India
The Union Budget 2026–27 has allocated a substantial budget towards the Ministry of Health and Family Welfare, signaling a robust commitment to enhancing healthcare infrastructure, expanding access, and bolstering medical research and innovation. With a nearly 10% increase from the previous year's revised estimates, this budget focuses on building new All India Institutes of Medical Sciences (AIIMS), augmenting existing medical colleges, and promoting high-end research. Strategic initiatives include a significant push to the biopharmaceutical sector, the establishment of trauma centers in every district, reduced pharmaceuticals import duties, and the initiation of the 'Bio Pharma Shakti' program to innovate in biologics and biosimilars production. Moreover, substantial financial support for the Pradhan Mantri Jan Arogya Yojana and the National Health Mission illustrates the government's intent to improve healthcare delivery and universal coverage.
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