Union Budget 2026 Anchored in Three Kartavyas with Six Key Interventions
The Union Budget 2026 is structured around three core duties: accelerating economic growth, fulfilling citizens' aspirations, and ensuring inclusive welfare. Six interventions target strengthening India's economic foundation, focusing on strategic manufacturing in seven frontier sectors including biopharma, semiconductors, rare earths, electronics, textiles, chemicals, and capital goods to cut import dependence. Biopharma SHAKTI scheme allocates ₹10,000 crore to make India a global hub for biologics and biosimilars by establishing three new NIPERs and upgrading seven existing ones. Bharat-VISTAAR introduces a multilingual AI tool integrated with AgriStack for real-time farmer advisories, while fisheries get ₹2,761 crore under PMMSY for modernizing value chains. Women-led development includes SHE-Marts for SHG products and transitioning Lakhpati Didis to enterprise ownership. Purvodaya initiative targets holistic development of Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh.
Try the question
Which scheme aims to position India as a global hub for biologics and biosimilars with ₹10,000 crore allocation?
Answer: (b) Biopharma SHAKTI
The correct answer is (b) Biopharma SHAKTI.