Budget 2005-06: A mixed bag
The budget this year has turned out to be mixed bag for the pharma industry. With a few quite satisfied, most of the industry voices have shown disappointment and quoted the budget to be just nice words

Pharma industry still in dark about enhanced R&D fund
Finance minister P Chidambaram announced an augumentation of the Rs 150 crore pharma research and development (R&D) fund. Ironically, even though this fund had actually been proposed in the 2000-01 budget, the government’s disbursement from the fund is yet to cross the Rs 10 crore.