India, Feb. 1 -- Union finance minister Nirmala Sitharaman on Saturday made key announcements related to the health sector in her eighth consecutive Union Budget. During her budget speech that lasted an hour and 14 minutes, the minister announced the exemption of 36 life-saving drugs from basics customs duty.

She also proposed to add six life-saving medicines to the list attracting concessional customs duty of five per cent. Full exemption and concessional duty will also respectively apply for the bulk drugs for the manufacture of these drugs.ALSO READ: Massive announcement by Nirmala Sitharaman, no income tax up to Rs.12 lakh per annum

1. The finance minister announced the Saksham Anganwadi and Poshan 2.0 initiatives for nutritional su...