In times of turmoil, a healing touch: Cancer drugs, med foods get cheaper in Budget

2026-02-02 - 00:05

Customs duties on imported medicines for personal use and food for special medical use, have been removed. Duty on imported medicines typically ranges from 5% to 11%. Last year’s Budget exempted 36 life-saving drugs from basic customs duty. Budget has also proposed strengthening of India’s drug regulatory and clinical research ecosystem and creation of a national network of 1,000 accredited clinical trial sites.