Healthcare industry welcomes govt's move to improve access to medical care in Budget

Image
Press Trust of India New Delhi
Last Updated : Feb 01 2020 | 5:10 PM IST

The healthcare industry on Saturday welcomed the initiatives announced by the government in Budget 2020-21 to improve the access to medical care across the nation.

"Budget 2020 is a definitive step forward in the Government of India's commitment to making India healthier and a model for the world to emulate," Apollo Hospitals Group Chairman Prathap C Reddy said.

In addition to initiatives announced to improve access to medical care across the nation and boost human health resources, it was encouraging that vital determinant of good health which includes wellness, nutrition, clean drinking water, and sanitation were at the forefront of this Budget, he added.

Calling it a farsighted budget, Reddy said the Finance Minister has announced "innovative initiatives that will enhance ease of living, improve the health quotient and boost opportunities for education and job creation, for all sections of our society and meet the expectations of an aspirational India."
Calling it a directionally sound Budget, Biocon Chairperson & MD Kiran Mazumdar-Shaw said: "I am happy to see the government's focus on reviving economic growth."
Applauding the announcement providing boost to the domestic medcial device sector, Association of Indian Medical Device Industry (AiMeD) Forum Coordinator Rajiv Nath said: "Finally we may have something to help address over Rs 38,837 crore, 80-90 per cent import dependent Indian Medical Devices Sector."
Deloitte India, Partner, Lead- Life Science and Health Care Charu Sehgal said "the budget 2020 has continued with the healthcare themes announced in 2018 but has not made any significant increase in allocation or incentives."

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 01 2020 | 5:10 PM IST

Next Story