India’s ambitious efforts to lower its reliance on medical device imports are being curbed by stringent Production Linked Incentive (PLI) scheme requirements and persistent infrastructure underutilization, according to a recent report by the Boston Consulting Group (BCG). The report, titled “Unlocking ‘India for the World’
As we approach the Union Budget 2024-25, it is imperative to address the critical challenges in our healthcare sector. Rationalizing the GST for hospital construction and medical technology procurement can significantly reduce capital expenditure, alleviating the financial burden on patients. Providing tax incentives is
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