Healthcare Leaders Urge Increased Public Spending and Innovation Incentives in Union Budget 2025
As the Union Budget 2025 approaches, leaders from India's healthcare sector are advocating for substantial increases in public healthcare spending and the introduction of innovation incentives to address the nation's evolving health challenges. The call
As the Union Budget 2025 approaches, leaders from India’s healthcare sector are advocating for substantial increases in public healthcare spending and the introduction of innovation incentives to address the nation’s evolving health challenges. The call emphasizes the need for strategic reforms, standardized practices, and advanced medical education to enhance the quality and accessibility of healthcare services across the country.
Increased Healthcare Allocation
Healthcare experts are urging the government to elevate the healthcare budget allocation to 2.5–3% of GDP. This increase is deemed essential for strengthening healthcare infrastructure, which will benefit both urban and rural populations. The additional funds are expected to support the expansion of medical facilities, procurement of advanced medical equipment, and the recruitment and training of healthcare professionals.
Tax Incentives and Funding for Innovation
The healthcare industry is seeking tax cuts and funding to foster innovation and improve rural outreach. Experts advocate for the introduction of fiscal incentives and tax benefits aimed at empowering developers and operators in the healthcare sector. These measures are expected to stimulate private investment, enhance service delivery, and promote the development of innovative healthcare solutions.
Enhancement of Digital Health Infrastructure
There is a strong emphasis on enhancing digital health infrastructure, with a focus on telemedicine and artificial intelligence (AI). Investments in AI-driven diagnostics, telemedicine infrastructure, and electronic health records are considered crucial for bridging the urban-rural healthcare divide and optimizing limited healthcare resources. Prioritizing AI-driven care coordination can streamline patient journeys, enhance access to quality care, and reduce system inefficiencies.
Standardization and Advanced Medical Education
Leaders are advocating for the standardization of practices and the advancement of medical education to improve the quality of healthcare services. Implementing a robust policy framework that standardizes practices and mandates accreditation for every laboratory operating in India is recommended to enhance the quality and credibility of diagnostic services nationwide.
Focus on Preventive Healthcare and Rural Outreach
There is a call for increased focus on preventive healthcare and outreach to rural areas. Allocating resources toward expanding infrastructure for maternal health in rural and semi-urban areas, improving training for healthcare providers, and subsidizing essential screenings for conditions like cervical cancer and polycystic ovary syndrome (PCOS) is considered vital for improving women’s overall health and ensuring safe pregnancies and deliveries.