Strategic Budget Interventions Can Position Indian Pharma for Global Leadership

By Kiran Mazumdar-Shaw, Chairperson, Biocon Group Pre-budget opinion published in a leading business publication. (Union Budget of India 2025) Finance Minister Nirmala Sitharaman is all set to present the Budget for FY25-26 on February 1, 2025. The upcoming Union Budget presents a unique opportunity to accelerate the growth of India’s pharmaceutical and life sciences sector. … Continue reading Strategic Budget Interventions Can Position Indian Pharma for Global Leadership

Budget Sets a Blueprint for India’s Aspiration of Achieving ‘Developed Nation’ Status 

The Union Budget, presented by Finance Minister Nirmala Sitharaman, is a testament to the government’s commitment to realizing India’s dream of developed economy status by 2047. This Budget, an extension of the Interim Budget presented in February 2024, is a pragmatic and balanced financial blueprint that sets the right priorities for the nation’s growth.  The … Continue reading Budget Sets a Blueprint for India’s Aspiration of Achieving ‘Developed Nation’ Status 

Budhet 2024

A Budget that Sets the Theme for India’s Future Economic Growth  

The Union Budget for FY25 presented by Finance Minister Nirmala Sitharaman builds on the Interim Budget earlier this year and sets the tone for next year's Budget. It aligns with Prime Minister Narendra Modi’s vision of enabling India to achieve a developed economy status by 2047. This statement of intent is clearly supported by a … Continue reading A Budget that Sets the Theme for India’s Future Economic Growth  

Budget 2023 lays groundwork for long-term & inclusive growth

Finance Minister Nirmala Sitharaman has presented a well-thought-out Budget that lays the foundation for long-term growth that is both sustainable and inclusive amid global economic headwinds. It has addressed several critical aspects of the economy to establish a conducive business environment marked by macroeconomic stability. The 33 per cent hike in capital investment outlay to … Continue reading Budget 2023 lays groundwork for long-term & inclusive growth

Budget 2023 can Boost India’s March to Global Leadership in Research & Innovation

India has stood out as a resilient economy that has weathered the headwinds of global macroeconomic dynamics of inflation, recession and supply chain disruptions. India must leverage its economic momentum to drive a projected 6.5-7% GDP growth in FY24. This year’s Budget therefore ought to lay the framework to deliver on this potential.  This will … Continue reading Budget 2023 can Boost India’s March to Global Leadership in Research & Innovation

Budget 2023 can Lay the Groundwork for India to Assume Leadership in Research & Innovation

The Indian economy has been resilient amidst a challenging global macroeconomic scenario of inflation, recession and supply chain disruptions, with GDP projected to grow 6.5-7% in FY24. This year’s Budget therefore ought to lay the framework to deliver on this potential.  Budget Should Focus on Research & Innovation For India to deliver on its aspiration … Continue reading Budget 2023 can Lay the Groundwork for India to Assume Leadership in Research & Innovation