Pre-Budget Expectation Quote:

Mr. Neeraj Gupta, Founder, and CEO, Genes2Me Pvt Ltd

Health was one of the major focuses of the Government last year, and we are routing for the same in Budget 2022. The COVID-19 pandemic’s teachings highlight the urgent need to capitalize on health, which is no longer an option, but a necessity. The healthcare sector is anticipating a good Union Budget, and hoping that the Covid -19 scenario will be turned into an opportunity to prioritize and implement structural changes that would benefit the general public. The Government should propose interest subsidies, lower GST on clinical trials and research activities, to boost innovation and R&D. Over the next few years, the government should increase public healthcare spending from 1.8 percent of GDP to at least 6 Percentage. The priority should be on the expansion of physical, remote access healthcare facilities as well as digital health and telemedicine. Also, the Covid testing and vaccine budget should be increased.