Medical Care
Healthcare Sector Awaits Major Reforms in Union Budget 2025
2025-01-29

Industry leaders are looking forward to the Union Budget 2025 with high hopes for transformative changes that can revitalize the healthcare sector. Stakeholders emphasize the need for enhanced governmental backing to tackle longstanding challenges within the industry. Various professionals have outlined their expectations, urging policymakers to boost spending on health infrastructure and public initiatives. The founder of a prominent nutrition company has suggested increasing healthcare expenditure to align more closely with international norms, aiming for a significant rise from the current levels.

Experts highlight the importance of strengthening primary and secondary healthcare systems, especially in less urbanized regions where a large segment of the population resides. Preventive care is another critical area that requires increased investment, as it currently receives only a modest portion of government funding. Advocates also call for reduced taxation on health insurance, particularly for women who face higher premiums due to specific health needs. Public awareness campaigns and better access to resources for combating diseases like cervical cancer are seen as essential steps toward improving overall health outcomes.

The healthcare sector's growth and global competitiveness depend on supportive policies that encourage research, innovation, and exports. Industry insiders advocate for uniform tax structures and incentives that unlock the potential of the nutraceutical market. Additionally, there is a pressing need for targeted policies that address the unique healthcare challenges faced by low-income urban households. By prioritizing these areas, the government can ensure a healthier, more equitable, and globally competitive healthcare system. Ultimately, stakeholders believe that addressing these concerns will lead to long-term sustainability and inclusivity in the healthcare sector, benefiting all segments of society.

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