In 2023, new initiative to promote pharmaceutical research through centres of excellence and priority fields; set up 157 nursing colleges · ICMR labs to open for joint research by public/private medical faculty and private R&D teams. 0 Rs. 1,400 crore (Us$ 163 million) provided to support three mega bulk drug parks across states. 0 Medical device parks promotion budget raised to Rs. 1,460 crore (Us$ 170 million).