Union Budget 2026: Nirmala Sitharaman Boosts Biopharma, Mining Sectors

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News18•01-02-2026, 12:20
Union Budget 2026: Nirmala Sitharaman Boosts Biopharma, Mining Sectors
- •Union Budget 2026 allocates 10,000 crore to the 'Biopharma Shakti' project.
- •The 'Biopharma Shakti' project aims to establish India as a global biopharma hub.
- •Finance Minister Nirmala Sitharaman announced a strong focus on the mining sector.
- •Rare earth metal hubs are slated for establishment in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu.
Why It Matters: Budget 2026 prioritizes biopharma with 10,000 crore and boosts mining, including rare earth metal hubs.
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