Why is it in the news?
Announced in Budget 2026–27 to boost the biotech sector.
Focus on biologics and advanced drug development.
Category: Science & Tech
Important Points:
● Full form: Strategy for Healthcare Advancement through Knowledge, Technology and Innovation
● ₹10,000 crore allocation over 5 years
● Focus on biologics and biosimilars production
● Promotes Non-Animal Methodologies (NAMs)
● Targets diseases like cancer, diabetes and NCDs
● Establishment of new NIPER institutes
● Strengthens CDSCO regulatory framework
● Supports India’s biotech global competitiveness
● Aims to reduce cost and improve drug accuracy