Budget Reaction by Anjan Bose, Founding Secretary General, NATHEALTH

▴ BUDGET 2024
He is the Former President, Phillips Healthcare & Consumer Lifestyle and Currently Advisor to eminent organizations.

This was being termed a Budget of Hope. FM's announcements point towards focus on growth, job creation, skilling, youth, MSMEs, digital infrastructure, green energy, fiscal prudence, incentivising states...Abolition of Angel tax for all classes of investors should have growth-enabling impact on start-up ecosystem including that of Healthcare especially HealthTech segment...For Healthcare sector, there were positive announcements on import duty rationalization for some cancer medicines and medtech items like X-ray tube and flat panel detector...there were many asks from the sector like on Ayushman Bharat pricing, GST rationalisation, overall budget allocation for Healthcare sector etc...so we have to wait for the details with the fine prints to come out.

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