Pre-Budget expectation quote: Charting a Healthy Future

January 25, 2024

Budget Wishlist Calls for a 5% GDP Allocation, Rural Healthcare Boost, and Global Collaboration in Indian Healthcare Reforms

India

healthysoch

New Delhi, January 25, 2024:

Dr Azad Moopen, Founder and Chairman, Aster DM Healthcare: 

Dr. Azad Moopen, Founder Chairman and MD, Aster DM Healthcare.

“In the last Union Budget, the overall impetus for the healthcare delivery sector was missing. We are hoping that this will get addressed in the upcoming Union Budget with an increase in budget allocation to a minimum 5% of the GDP which is essential to fulfill the need gaps.

Expanding Healthcare Access:There is a need to have more hospitals and healthcare facilities in rural and suburban areas to meet the rising demand given that Ayushman Bharat is aiming to make affordable healthcare accessible for 500 million people. Hope the government will put more focus on public-private partnerships (PPP) to address this, and also permit 100% Foreign Direct Investment (FDI) in both Health Insurance and Retail Pharmacy sectors.

Medical Education and Research Reform: While the last budget announced the establishment of nursing colleges alongside medical colleges, there is an urgent need for comprehensive reform of medical education to ensure that the medical professionals of tomorrow are aligned with contemporary healthcare needs. This brings forth the need to develop medical colleges, nursing colleges and paramedical colleges in all the 500 district hospitals in the country.

The healthcare sector is evolving rapidly, and this has been fast-tracked by the pandemic and there is a significant need for the professionals of tomorrow to learn and develop as per this evolution. The revamp will also require significant investments to integrate access to technology, more practical approaches, research and innovation driven methods and qualified professionals to help shape the best minds. A substantial allocation, including the setting up of Central Medical Research and Innovation Institute in each state would be a good start. Setting up a Central Digital Health and AI University will also help deploy technological innovation in healthcare to address challenges such as accessibility and equity along with healthcare costs. Additionally, there should be a specialized university catering to NRI students intending to return to India for academic pursuits.

NRI Concessions:We were also hoping for concessions for NRIs residing abroad like reduction on TDS for those who have a source of income in India and are required to pay taxes in the country they reside in.  Other considerations include affordable airline fares to SAARC and GCC countries to support the growing trade and business collaborations between the regions, along with the implementation of a health scheme for those returning to India for retirement, among other beneficial measures.”

Varun Vashisthaa, Co-founder and CEO, Doc0Sage: 

Varun Vashisthaa, Co-founder and CEO, Doc0Sage

The anticipated focus for the upcoming budget is centered on transformative healthcare measures. A substantial 30-35% increase in overall healthcare spending is paramount, with a specific emphasis on strengthening primary healthcare, fortifying the public health system, and investing in medical education. The focus extends to prioritizing preventive care through initiatives like physiotherapy and mental health awareness. We advocate for robust support for research, fostering collaboration among healthcare stakeholders, and embracing technology for an integrated healthcare approach.

In the financial realm, our expectations include extending health insurance to the missing middle, recognizing physiotherapy as primary care, and incentivizing healthcare infrastructure development. We stress the need for tax benefits, especially for preventive healthcare, innovative health apps, and domestic pharmaceutical manufacturing. Addressing challenges involves rationalizing GST rates, controlling drug prices, and enhancing public health preparedness. We believe a budget aligned with these principles will propel India towards accessible, affordable, and quality healthcare for all, marking a pivotal moment in our nation’s health evolution.

Overall, the health industry in India is expecting a budget that prioritizes accessible, affordable, and quality healthcare for all. Increased investment in public health infrastructure, mental health care, research, digital health, and data privacy will be crucial steps towards achieving this goal.

healthysoch

Stay informed with the latest news from HealthySoch. Sign up today for exclusive insights and updates!

We promise we never spam!

6 Comments

  1. It was great seeing how much work you put into it. The picture is nice, and your writing style is stylish, but you seem to be worrying that you should be presenting the next article. I’ll almost certainly be back to read more of your work if you take care of this hike.

  2. Hello dear friend, I would like to offer placement of your link (or links) on different platforms of the internet such as: forums, blogs, comments and much more. . .

    Increase your Visibility Boost Your Seo Rank – Get Organic Traffic From Google. Ranking in Google isn’t hard. All you need is a healthy number of backlinks from referring domains that have authority and trust in Google’s eyes.

    This Backlinks Service Benefits:

    1. Easily get Google rankings

    2. Get a lot of traffic from Google

    3. You can earn from the website in different ways

    4. Increase Domain Authority (DA)

    Quality guaranteed !

    PRICE – 20$

    WebSite – [Link deleted]

  3. Nuru massage includes making use of a unique gel, generally derived from seaweed, related to both the recipient’s body and the masseuse. The massage is done using the entire body, advertising deep leisure and increased sensory experiences.

    While Nuru massage is usually risk-free, particular precautions ought to be taken, such as making sure the top quality of the massage gel and confirming the professionalism and reliability of the massage therapy carrier.. Past its physical advantages, Nuru massage can favorably impact mental health and wellness by promoting leisure, reducing stress and anxiety, and boosting general well-being.

    Is Nuru massage suitable for every person? While typically secure, individuals with particular health problems should consult a medical care expert before undergoing a Nuru massage therapy.
    [b][url=[Link deleted]massage woman[/url][/b]

  4. Cialis 5 Mg Precio En Farmacia Similares
    Cialis 5 mg prezzo <a href=[Link deleted]5 mg prezzo cialis 5 mg prezzo

  5. Making small verandas in mountainous areas calls for a detailed approach to utilizing space, considering the unusual challenges displayed by the highland terrain. The process features various tactics, ranging from the choosing of efficient furnishing to the integration of dual-purpose elements, all aimed at maximizing the capability of restricted areas. Engaging in talks that discuss particular design concepts, innovative storage solutions, and discussing personal success stories transforms into a font of inspiration for community participants seeking to maximize their little deck spaces amidst the unique landscapes of highland locations.

    Finding space-efficient furniture is a fundamental element of designing small decks, allowing individual persons to make the most of the accessible area without neglecting on function or aesthetics. Incorporating dual-purpose elements moreover enhances the flexibility of compact deck spaces, offering functional solutions that cater to varied needs. These methods collectively contribute to a comprehensive method that takes into consideration both the aesthetic appeal and function of small decks in highland locations.

    Partaking in conversations that explore detailed design ideas turns into a catalyst for creativity, providing a platform for individual persons to swap innovative ideas and answers tailored to highland environments. The discourse includes innovative organizational solutions, addressing the challenge of constrained space with functional and aesthetically pleasing approaches to arrangement. Personal success stories exchanged within the group become precious narratives, illustrating the feasibility and capability of optimizing small deck spaces in the distinctive context of alpine parts.

    Throughout this joint exchange, community participants gain useful insights and a wealth of notions to apply to their own compact deck projects, guaranteeing that per inch of space is thoughtfully utilized in creating functional, aesthetically pleasing, and efficient backyard living areas in mountainous locations.

    [URL=[Link deleted]replacement Colorado[/url]

Leave a Reply

Your email address will not be published.

Columnists

HealthySoch

Don't Miss

Allergic Rhinitis Treated with Acupuncture

New Delhi, April 7, 2017: Allergic rhinitis is characterized by

First UN solidarity flight departs Addis Ababa carrying vital COVID-19 medical supplies to all African nations

India healthysoch Rome/Geneva/ Chandigarh, April 14, 2020 : The first