Healthcare Sector 2021

Union Budget 2021: Bharat Biotech, Serum Institute of India laud higher allocation for healthcare sector

SII CEO Adar Poonawalla said that globally, spending on healthcare infrastructure and vaccines has given countries and their economies the best chance at fighting COVID-19

Union Budget 2021: Banking, health, infra sectors welcome announcements; hospitality, tourism regret lack of immediate support

Hospitality and Tourism roughly account for 10 percent of India's GDP and employ nearly 9 percent of India's working population and yet, it failed to find space in the Union Budget, FHRAI vice-president Gurbaxish Singh Kohli said

Union Budget 2021: Sitharaman defends privatisation of PSBs in interview with News18, says India needs more efficient banks

Sitharaman also said that the government is looking at setting up a holding company for banks' bad assets to address the NPA issue.

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy

The best part of Union Budget 2021, however, is that Nirmala Sitharaman resisted the temptation to slap more cess, surcharges on the taxpaying citizens and refrained from imposing a ‘wealth tax’ to raise revenue.

Budget 2021 highlights for healthcare sector: Funds for COVID-19 vaccines, new health intiatives

Rs 64,180 crore will be allocated for the Atmanirbhar Swasth Bharat Yojana over the next six years, to advance primary, secondary and tertiary healthcare.

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI

Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha

Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step

From a consumer and healthcare perspective, Union Budget 2021 has a lot of positives. On the healthcare side, COVID-19 pandemic had brought to light India's underspend in healthcare. Budget 2021 has done well by allocating over Rs 2 trillion holistically towards the health sector, a handsome increase of 137 percent.

Union Budget 2021: Healthcare likely to be top priority, COVID-19 pandemic highlighted its 'fragility', says survey

The Assocham-Primus Partners survey found that 67.3% of the respondents expect the allocation of a fund to 'modernise existing primary healthcare infrastructure'

Union Budget 2021: Govt should invest in clinical trials, enable policies to empower pharma sector

With poor historical spends on healthcare, there is an urgent need to raise the allocation substantially for health as a proportion of GDP

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF

IMF’s chief economist Gita Gopinath said more public infrastructure spending is needed and that the Government of India has expressed its intention to do so