Healthcare industry left wanting more
The Hindu
Budget evokes mixed reactions, but with an undertone of disappointment
The Union Budget-2022 has evoked mixed reactions from corporate hospital managements and public health professionals here.
“During the pandemic, we saw an immense contribution of startups to innovation in healthcare, and the extension of the tax benefits for another year would encourage more startups in the health tech space to come up and invest in research and development, especially in the field of AI-powered smart wearables and predictive healthcare. This will, in turn, be invaluable in strengthening our fight against non-communicable diseases, which can otherwise derail the economic recovery by impacting our productive demographic,” said Apollo Hospitals Group chairman Prathap C. Reddy.
Executive Director of SLG Hospital, D.V. S. Soma Raju said while the existing healthcare machinery in India stood up to the challenge and did its best to keep a possible disaster under check, this sector needed a fresh impetus to enhance and strengthen the healthcare net across India.