The budget session of Parliament is going to start from 29 January. The General Budget for the financial year 2021-22 will be presented in the Parliament on February 1 during the session. The budget session running in two parts will run till 8 April.
New Delhi : Healthcare companies have demanded the government to increase the spending limit on the healthcare sector in the upcoming budget. These companies say that it is necessary to improve the infrastructure in the health and medical fields. Let me tell you, President Ram Nath Kovind will address a joint sitting of both houses of Parliament on January 29 at 11 am. After this, the Union Budget will be presented at 11 am on February 1.
Dilip Jose, MD and CEO of Manipal Hospitals, said in a statement, “Public spending in healthcare needs to increase to at least 2.5 per cent of GDP in the next three years, which is just 1.2 per cent. Most of our investment in this Infrastructure construction and modernization must be done. Hopefully, significant steps will be taken in this direction in the 2021-22 budget. ”
“Budget allocation needed to be increased”
Amira Shah, MD, Metropolis Healthcare said, highlighting expectations from the budget, “The lack of adequate public health infrastructure in India and spending beyond a scope jointly puts a high financial burden on Indian families Therefore, it is important to increase budget allocation for the health and medical sectors. It is the need of the hour to strengthen the system of health services through public-private partnership. ”
Unimask CEO Kapil Bhatia said, “MSMEs have always been the backbone of the Indian economy with a 29 per cent share in India’s GDP. We expect the government to reestablish favorable policies and provide sufficient funds for the development of MSMEs. Allocation. Indian entrepreneurs hope that the Union Budget 2021 will provide some long-term benefits to the sector with better access to credit and liberal taxation policies. ”
