“The Government has outlined transformative initiatives in this Budget. The allocation of a substantial corpus for R&D, reflects a bold commitment to boosting innovation across sectors including the pharmaceutical industry. This is in line with the Prime Minister Modi’s dedication towards the cause, which was exemplified by the previously emphasized slogan ‘Jai Jawan, Jai Kisan, Jai Vigyan, and Jai Anusandhan’. Overall, the budget has not only created an optimistic environment for the sector but also laid a solid foundation for advancements in healthcare, research, and education.”