Budget 2022 Expectations: What Health and Medical Experts Say

Union Minister of Finance Nirmala Sitharaman will present Budget 2022-23 on February 1. The health and medical community has specific expectations related to healthcare spending, tax exemptions, and investment in medical technology. They are urging the government to emphasize social safety, provide more allocations for telemedicine and digital health, increase spending on preventive healthcare, incentivize pharmaceutical and medical device innovations, and establish a dedicated department for nutraceuticals. The focus is also on collaborative efforts between the government and private sector to improve testing capabilities and diagnostics. Overall, there is a call for increased funding and policy support to build a strong and comprehensive healthcare ecosystem in India.

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