In the midst of the Kovid-19 epidemic, companies in the healthcare sector say that to improve the country’s healthcare infrastructure, a higher budget allocation is needed.
There is a big change in the country’s healthcare ecosystem
The pharma sector hopes that support will be given for the upcoming budget, especially for research and development and innovation. Preetha Reddy, president of NatHealth and executive vice-chairperson of Apollo Hospitals, said that the country’s healthcare ecosystem has undergone a major change due to the epidemic.
Demand to increase investment in healthcare infrastructure“Because of this, there is a need to increase investment in healthcare infrastructure, national level programs for skill development and training of health workers, increase the number of medical colleges, effective PPP model and encourage local manufacturing,” he said.
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He said, “Private sector companies are hoping that this time the sector will get additional incentives in the budget, which will improve their condition and at the same time they will be able to expand into second and third tier cities.”
Need for more budget allocation for healthcare sector
Ashutosh Raghuvanshi, MD and CEO of Fortis Healthcare, said that due to the Kovid-19 epidemic, more budget allocation is needed for the healthcare sector. He said that this sector is not only important in terms of earning foreign exchange but also providing employment.
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Sudarshan Jain, general secretary of the Indian Pharmaceutical Alliance (IPA), said the policy ecosystem should be focused on the healthcare sector and focused on building health infrastructure. He said that the pharma industry is expecting support and encouragement for research and development and innovation.