The Union Budget 2026-27 introduced the 'Biopharma SHAKTI' scheme. What is the primary objective of this ₹10,000 crore initiative?
To transform India into a manufacturing hub for biologics and biosimilars
The Union Budget 2026-27 launched the Biopharma SHAKTI scheme with an outlay of ₹10,000 crore. The initiative aims to establish India as a global manufacturing hub for biologics and biosimilars by boosting research, development and large-scale production capacity.
The scheme supports domestic biopharma firms through infrastructure funding, incentives for innovation and encouragement of public-private partnerships. It aligns with the Atmanirbhar Bharat vision, aiming to reduce import dependence on advanced biologic drugs and strengthen India's position in global healthcare supply chains.
Hence, the correct answer is To transform India into a manufacturing hub for biologics and biosimilars.
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Important Questions from Government Policies and Schemes
- Arrange the following plans from the highest (national) to the lowest (local) administrative level:
A. State Disaster Management Plan (SDMP)
B. National Disaster Management Plan (NDMP)
C. National Policy on Disaster Management (NPDM)
D. District Disaster Management Plan (DDMP)
Choose the correct answer from the options given below : - Arrange the following government policies in chronological (early to latest) order of their implementation.
A. National Water Policy
B. National Forest Policy
C. National Agricultural Policy
D. National Environmental Policy
E. National Policy for Farmers
Choose the correct answer from the options given below : - Arrange the following Policies/Acts of India according to their year (early to latest) of launch/enactment.
A. Project Elephant
B. Ganga Action Plan
C. Project Tiger
D. Climate Change Knowledge Portal
E. Environment (Protection) Act
Choose the correct answer from the options given below : Choose the correct statements with reference to the Disaster Management Act, 2005
A. It has 10 chapters and 90 sections
B. It extends to the whole of India
C. The main focus is to give life back to the people who are affected with disaster
D. It provides effective management of disaster
Choose the correct answer from the options given below:
- A Ten-point agenda were enunciated by Prime Minister of India at the Asian Ministrial Conference on Disaster Risk Reduction in 2016. The agenda are:
A. Invest in risk mapping globally
B. Develop a network of universities to work on disaster related issues
C. Men's leadership should be central to disaster risk management
D. Build on local capacity and initiative to enhance disaster risk reduction
Choose the most appropriate answer from the options given below :
