Budget focus on medical research, aims to eliminate sickle cell anaemia

Facilities of state-run ICMR labs will be made available for private sector research, says Finance Minister

Lab test, research, r&d, chemicals, medical research, vaccine, health, pharma
Shine Jacob Chennai
1 min read Last Updated : Feb 01 2023 | 12:07 PM IST
Finance Minister Nirmala Sitharaman’s Budget speech on Wednesday focused on health and medical education, announcing that 157 new nursing colleges will be established in co-location with medical colleges established since 2014.

The government will also come up with a programme to eliminate sickle cell anaemia by 2047, Sitharaman said. The Budget said that facilities of the state-run Indian Council of Medical Research (ICMR) labs will be made available for private-sector research and development to encourage collaborative work. The government will also come up with a new programme to promote research and innovation in pharma through centres of excellence.

A new programme for research in pharmaceuticals will be made and the industry will be encouraged to invest through public-private partnerships.

Sitharaman said despite a global slowdown because of Covid-19 and the Russia-Ukraine war, the Indian economy was "on the right track"

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Topics :Nirmala SitharamanUnion BudgetBudget 2023Medical ResearchICMR

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