Budget: Govt ups allocation for Ayush ministry by 14% to Rs 3,992.90 crore

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Budget: Govt ups allocation for Ayush ministry by 14% to Rs 3,992.90 crore - Business Standard

Quick Summary:

The National Medicinal Plants Board has been allocated Rs 18.59 crore while the Pharmacopoeia Commission for Indian Medicine and Homoeopathy (PCIM&H) has been allocated Rs 21.96 crore.

The National Medicinal Plants Board undertakes promotional and contractual farming schemes to encourage in-situ conservation and ex-situ cultivation of medicinal plants for providing raw materials of assured quality for manufacturing of ASU&H (Ayurveda, Siddha, Unani and Homeopathy) medicines.

The budget allocation for the Ministry of Ayush has been increased to Rs 3,992.90 crore for 2025-26 from Rs 3,497.64 crore (revised estimates) in 2024-25, a 14.15 per cent hike.