Budget 2025: What will the health sector get? biggest demands
The country’s general budget will be presented on 1 February 2025, Finance Minister Nirmala Sitharaman will present this budget. For the last several years, the health sector consistently demanded certain actions from the government and this time, experts expect that the government will fulfill those demands.
Let us tell you what are the things and demands which experts believe that the government will fulfill this time, along with what demands the health sector has made.
India imports about 80 percent of medical equipment, that is why the health sector’s prioritized demand a reduction in import duty on medical equipment. Besides, they also request a reduction in GST on life saving medicines and health insurance.
Apart from this, the health sector is demanding from the government policies to encourage local manufacturing of medical devices to promote research and development in advanced technology.
The health sector is asking for creation of a separate hospital regulator, promotion of rural healthcare and reforms in Section 80D such as increasing the limit of tax exemption on health insurance premiums.
Let us tell you what are the expectations from Budget 2025. Experts estimate that this time the government will fulfill some demands of the health sector. The government will focus on improving health services and reducing the cost of treatment.