India’s Interim Budget 2024-25 offers promising initiatives for a healthier future. However, concerns regarding funding gaps, mental health, and a comprehensive healthcare strategy remain unaddressed. As stakeholders engage in further discussions, navigating these challenges will be crucial in ensuring all Indians have access to quality healthcare.
Read the full text of reactions by the CXOs and senior healthcare professionals from hospitals and wellness firms in India:
Abhishek Kapoor, CEO, Regency Hospital:
I applaud the comprehensive and inclusive approach outlined in the Union Budget 2024-25. The commitment to establishing more medical colleges by utilizing existing hospital infrastructure demonstrates a forward-thinking strategy to enhance healthcare accessibility.
The initiative to encourage cervical cancer vaccination for girls aged 9 to 14 is a proactive step towards preventive healthcare, aligning with our mission to prioritize public health. The consolidation of various schemes under a comprehensive maternal and child health program is a welcome move that promotes synergy in implementation, ensuring improved nutrition delivery and early childhood care.
The expedited upgradation of anganwadi centers under ‘Saksham Anganwadi and Poshan 2.0’ is crucial for advancing nutrition and developmental support. The introduction of the U-WIN platform for managing immunization and the intensified efforts of Mission Indradhanush reflect a commitment to bolstering public health infrastructure nationwide.
Extending healthcare cover under the Ayushman Bharat scheme to all ASHA workers, Anganwadi Workers, and Helpers is a recognition of their invaluable contribution to community health. This step not only safeguards their well-being but also strengthens the foundation of our healthcare system.
Overall, it is a progressive budget, and the Union Budget’s focus on healthcare initiatives aligns with our commitment to providing quality healthcare services. We are eager to actively contribute to the realization of these initiatives, fostering a healthier and more resilient nation.
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Abrarali Dalal, Director & CEO, Sahyadri Hospitals:
“This year’s Union Budget is a testament to government’s dedication to improving public health in the country. The focus on establishing more medical colleges will help in utilising existing hospital infrastructure and creating quality professionals in healthcare. To enable wider access of preventive care and health cover, there is increased focus on vaccination for cervical cancer and extending health cover under the Ayushman Bharat scheme to ASHA and Anganwadi workers.
The consolidation of maternal and child healthcare schemes into a comprehensive program, alongside the expedited upgradation of Anganwadi centers and the rollout of the U-Win platform, reflects a holistic approach towards ensuring the well-being of women and children. These measures, coupled with the intensified efforts of Mission Indradhanush, signify a progressive leap towards a healthier and more resilient India. Mission Indradhanush is a critical health mission of the Government of India, aimed at achieving more than 90% full immunization coverage for children.
The mission’s goal complements the comprehensive healthcare approach outlined in Budget 2024, reflecting the government’s commitment to ensuring the well-being of all citizens through proactive healthcare measures.
The absence of specific allocations for AI in healthcare in this year’s budget, despite the previous focus on setting up a Center of Excellence in AI for health, overlooks the potential of AI in diagnostics and medical advancements.”
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Aman Puri, Founder, Steadfast Nutrition:
“The revised estimates on healthcare are more significant to analyse since this is an interim budget since the estimates for next year will change when the government presents the Budget after the elections in July. On health, the government’s revised estimates show that it had set an expenditure of Rs 88,956 cr last year but actually spent only Rs 79,221 crore.
The health allocations are lower than what India needs – it is less than 2 percent of GDP while the world average is 6 percent – and the revised estimates show that even those targets have not been met in the ongoing financial year. We need to strengthen primary and secondary healthcare in India and with these numbers, will not be able to do so. However, the government’s decision to expedite Saksham Anganwadi and Poshan 2.0, its flagship scheme to address the challenges of malnutrition in children, adolescent girls, pregnant women, and lactating mothers is a welcome step. The decision will go a long way in improving nutrition content and delivery among these segments of our population and is a step towards eliminating India’s problem of malnutrition.”
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Anurag Yadav, CEO, IHH Healthcare India:
As a healthcare organization, we express our appreciation for the government’s proactive stance as unveiled in the 2024 interim budget release. The strategic dedication to strengthen medical education by optimizing existing infrastructure across various departments resonates with our shared vision for a resilient healthcare system. Aligned with the government’s commitment to progress, we eagerly anticipate actively contributing to this initiative. Our hospitals are prepared to engage in collaborative efforts, working hand in hand to strengthen and propel the medical education landscape, ultimately fostering a society that is both healthier and more resilient.- Anurag Yadav CEO IHH Healthcare India
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Avinash Deshmukh, COO, iThrive, Pune
“In this budget announcement, the government has taken a reflective and pragmatic approach, summarizing the achievements of the past decade rather than making bold announcements. This interim budget seems to be a strategic move, avoiding major actions before the upcoming election. The emphasis on continuity and stability is evident, setting the stage for potential impactful measures in the post-election period. The extension of Ayushman Bharat cover to all Anganwadi and Asha workers, along with the consolidation of maternal and child healthcare schemes into a comprehensive initiative, demonstrates a commitment to inclusive healthcare. While it may be viewed as a status quo budget on the surface, it signifies a responsible and measured fiscal strategy, showcasing the government’s dedication to maintaining a positive economic trajectory. The anticipation of more detailed fiscal numbers and micro financial parameters will provide a clearer picture of the country’s economic direction. Overall, the budget lays the foundation for future developments and affirms the government’s confidence in the positive trajectory of the nation.”
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Ayanabh Debgupta, Jt. Managing Director, Medica Group of Hospitals:
“Government’s announcement of U-Win platform for streamlined immunization is a remarkable step and this will boost the immunization drive. The provision to set up more medical colleges is certainly the need of the hour to address the demand supply gap vis-a-vis Doctor’s to patient ratio. However, the most crucial aspect is the cervical cancer vaccination for the girls aged between 9 to 14 years. This will give the cancer screening a huge impetus and will spread the much-needed awareness. Though we know this was an interim budget we were expecting government to bring down the customs duty on general & oncology medical equipment. To provide optimal care at affordable rates, the recent increase in customs duty for general and oncology medical equipment. The customs duty for general equipment has risen from 14.57 percent to 22 percent, and for oncology equipment, it has increased from 30.48 percent to 36.64 percent. We are hopeful that Government shall address this during the final budget for 2024-25.”
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Behram Khodaiji, CEO of Ruby Hall Clinic:
“The decision to encourage HPV vaccines for girls between 9-14 years in the budget is a critical step in promoting the health and well-being of young girls in our community and treating the curable cancer. By making these vaccines more accessible, we are taking a proactive approach to preventing HPV-related health issues in the future. This decision not only benefits the individuals receiving the vaccine but also serves to protect the broader population from the spread of HPV. Investing in the health of our young girls is an investment in the future of our society, as the budget focuses on poor, women and youth who are the pillars of our country.”
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Dr Archana Dhawan Bajaj, Gynecologist Obstetrician and IVF Expert, Nurture IVF Clinic:
“As the nation embraces the Union Budget 2024 presented by the honorable Finance Minister, Smt Nirmala Sitharaman, there is recognition of the government’s emphasis on medical education and initiatives such as the vaccination mission for cervical cancer prevention.
The consolidation of various schemes for maternal and child care under a comprehensive program, including the expedited upgrade of anganwadi centers through “Saksham Anganwadi and Poshan 2.0,” signals a commitment to improving nutrition, early childhood care, and development.
However, amid these positive aspects, there are some misses for increased funding for enhancing medical technology, promoting genetic research and preventive healthcare measures. The budget announcements could have been more effective with a comprehensive strategy that addresses the broader challenges and opportunities in the healthcare sector, ensuring a holistic and impactful approach to public health in the country.”
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Dr Aashish Chaudhry, Managing Director, Aakash Healthcare:
“The healthcare sector applauds the Union Budget 2024. It is promising to note that the government has accorded priority to medical education, with the announcement of setting up more medical colleges by using existing hospital infrastructure. Also, various schemes for maternal and child care are being brought under one comprehensive program which would enhance synergy in implementation.
The proposed Mission to encourage vaccination for girls in age group of 9 to 14 years for prevention of cervical cancer is a step in the right direction. With the healthcare coverage under the Ayushman Bharat scheme being extended to all ASHA workers, Anganwadi Workers and Helpers, these measures underscore a commitment to comprehensive healthcare and well-being for women, children and healthcare workers across the nation.
However, the budgetary announcement has its list of misses with respect to the expectations of the sector. The budgetary announcements might have benefited from a more comprehensive strategy to address the broader challenges and opportunities within the healthcare sector, ensuring a holistic and impactful approach to public health in the country.”
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Dr Azad Moopen, Founder and Chairman – Aster DM Healthcare:
“It is heartening to see that the Interim Union Budget focuses on the upliftment of the masses through specific focus on the poor, farmers, youth and women. The allocation of Rs. 1-lakh crore with 50-year interest free loans will encourage the start-up culture that India is now thriving upon, encouraging the youth of today to become entrepreneurs and focus on their growth as well growth of the nation.
In healthcare we were hoping to see an increase in the GDP allocation of minimum 5 percent for the sector, hopefully this will be addressed in the complete Budget to be announced in July this year, under the new government. We are glad that the government is considering to add more hospitals in all districts in the country, which is essential to meet the rising demand. We would recommend focusing on public-private partnerships (PPP) to address this. With all maternal and child healthcare to be brought under one-scheme, this will be essential.
It is promising to hear that government plans to open more medical colleges alongside existing hospital infrastructure. There is now an urgent need for comprehensive reform of medical education, to ensure that the medical professionals of tomorrow are trained in the latest medicine and techniques, like their western counterparts.
The strong impetus on immunisation of children under Mission Indradhanush and young girls for cervical cancer will go a long way in strengthening preventive care measures in the country and reduce the burden from communicable and non-communicable diseases.”
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Dr Babina NM, Chief Medical Officer, Jindal Naturecure Institute:
“We welcome the holistic healthcare initiatives outlined in the 2024-2025 Union Budget. Establishing more medical colleges within the existing infrastructure, aligned with the holistic approach to medicine, is a positive step. Additionally, the introduction of cervical cancer vaccination for girls aged 9-14 and the consolidation of maternal and child healthcare schemes demonstrate a commitment to a preventive and integrative healthcare strategy.
The expedited upgrade of Anganwadi centres and the nationwide introduction of the Uwin platform indicate a dedication community-level wellness. Extending Ayushman Bharat’s healthcare cover to Aasha, Anganwadi workers, and helpers recognises their crucial role in community health. We believe that a balanced and sustainable healthcare system, rooted in preventive measures and natural healing, can fulfil the health aspirations of every Indian.
The commitment to building all forms of infrastructure, including digital, social, and physical, is promising for the healthcare sector. As naturopathic professionals, we are eager to contribute to realising these initiatives and promote holistic well-being for all citizens. Overall, the Union Budget embraces a holistic and integrative approach to healthcare, combining preventive measures, infrastructure development, and inclusivity, and we look forward to actively participating in this progressive vision.”
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Dr Deepak Aiwale, Neurologist, Chairman & Director, Solaris Hospital, Thane:
“Well-structured and a forward looking budget towards Health Infrastructure and focus on a holistic approach to health is seen as a witness of the commitment to building stronger health systems in the country. The allocation for the National Digital Health Mission allocation fund has increased from ₹140 crore to ₹341.02 crore is an admiring move but it requires a huge fund for health information technology (IT), telemedicine and telehealth.
Telemedicine use is expanding across the vast array of neurologic disorders. Tele-neurology is no longer a vision, but a reality precipitated by the pandemic, the needs and aspirations of the Indian population. Follow-up care of patients, epidemiological studies of various neurological chronic illnesses and their audit will become realities cutting down on costs and time to access quality neurological care using telemedicine has proven during pandemic era, so National Digital Health mission requires more funds.
The pandemic has brought the subject of mental health to the forefront. For this, the National Tele Mental Health Programme, the budget allocation has been increased from ₹121 crore to ₹133.73 crore is a really appreciative push.”
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Dr Devavrat Arya, Senior Director, Medical Oncologist, Max Hospital, Saket, New Delhi:
“The Hon’ble Union Finance Minister Smt. Nirmala Sitaraman in her interim budget 2024-25, has emphasised the need for vaccinating girls in the age group of 9 to 14 years with HPV Vaccination to protect them from Cervical Cancer. It is good to see the increasing concern of the government in addressing in growing menace. This age range is perfectly suitable because it offers the best protection before girls become sexually active, when they are most susceptible to HPV infection.
I believe the awareness about safety of HPV Vaccine is much needed to be spread and by this initiative of government, people will get more aware and will timely get the vaccines without having a second thought whether the vaccine is safe or not. Looking forward for more such initiatives by government to treat other kinds of cancer as well.”
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Dr Digvijay Singh; Ophthalmologist, Director, Noble Eye Care:
“It is good to know that healthcare has got a two digit increment in its budget but there is a lot to be desired. Access to healthcare and adequate payout for medical personnel is still a far distance away. Compared to G20 nations, India has the smallest amount of budgetary allocation towards healthcare and preventive measures.
There is a need to provide more thrust towards medical research which fortunately has been on the agenda of the current government and hopefully will bear fruit for healthcare in the near future.”
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Dr Girdhar Gyaani, Founder Director, AHPI:
“In FM’s interim budget speech, the extension of healthcare coverage under the Ayushman Bharat scheme to ASHA workers, Anganwadi Workers, and Helpers showcases a holistic and inclusive approach, strengthening the backbone of India’s healthcare system. We commend the government’s visionary steps to fortify the healthcare infrastructure by establishing more medical colleges and leveraging existing hospital facilities. The creation of a dedicated committee to address related issues is a strategic move that aligns with our shared commitment to continuous improvement.
The initiative to provide Cervical Cancer Vaccination for girls aged 9 to 14 is a commendable stride in preventive healthcare, reflecting a foresighted approach to tackling significant health concerns. AHPI, as a healthcare sector body, aligns with the government’s mission to combat diseases and enhance community well-being.
The budget’s focus on maternal and child healthcare, particularly the upgradation of Anganwadi centers under ‘Saksham Anganwadi and Poshan 2.0’, is pivotal for advancing nutrition delivery and early childhood care. AHPI stands ready to actively contribute to the realization of these impactful healthcare initiatives, promoting a healthier and resilient India. The expeditious rollout of the newly designed U-WIN platform for immunization management and intensified efforts of Mission Indradhanush are welcome advancements that will positively impact healthcare delivery throughout the country.”
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Dr Gopal Sharan, MD & CEO, TRLS Healthcare Consultancy:
“I generally view the government’s initiatives in the Union Budget 2024-25 positively. The focus on preventive healthcare through the provision of cervical cancer vaccines for 9-14 year olds is appreciated, as it addresses a critical aspect of women’s health. Extending health cover under the Ayushman Bharat scheme to all ASHA and Anganwadi workers and helpers is seen as a commendable effort to prioritize the well-being of frontline healthcare workers.
The plan to establish more medical colleges by utilizing existing hospital infrastructure is welcomed .This approach can help address the shortage of healthcare professionals , improve healthcare accessibility and addressing the challenges in expanding medical education, especially in underserved areas Maternal and Child Healthcare schemes will be brought under one comprehensive program for synergy implementation to optimize resources and streamline efforts for improving maternal and child health outcomes.
I am particularly satisfied with the following provisions in the Union Budget 2024-25:
- Cervical Cancer Vaccination: The initiative to provide cervical cancer vaccines for 9-14 year olds is appreciated as a proactive step towards preventing a significant health issue among women.
- Health Cover for ASHA and Anganwadi Workers: Extending health cover under the Ayushman Bharat scheme to all ASHA and Anganwadi workers is seen as a positive move, recognizing the crucial role played by frontline healthcare workers and ensuring their access to necessary medical services.
- Expansion of Medical Colleges: The plan to establish more medical colleges by utilizing existing hospital infrastructure is welcomed, addressing the shortage of healthcare professionals and improving accessibility, especially in underserved areas.
There are some potential misses that may have been expected or desired:
- Infrastructure investment
- Primary healthcare strengthening
- Mental health allocation
- Implement a targeted infrastructure development plan in Tier 2 and Tier 3 cities
- Introduction and expansion of health insurance coverage.”
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Dr Indranill Basu Ray – Cardiologist and cardiac electro physiologist, founder of American Academy of Yoga and Meditation (AAYM):
“The recent budget announcement has marked a pivotal moment for the healthcare sector, signaling a robust commitment towards enhancing public health infrastructure and accessibility. With increased allocations directed towards primary healthcare centers, telemedicine, and mental health services, the government has laid a foundation for a more inclusive and comprehensive healthcare ecosystem.
This strategic investment not only aims to bridge the urban-rural divide but also emphasizes the importance of preventive care and digital health innovations. By focusing on strengthening the backbone of our healthcare system, this budget sets a forward-looking trajectory aimed at achieving universal health coverage and ensuring that quality healthcare services are within reach of every citizen.
The emphasis on research and development in the healthcare sector further underscores a long-term vision to foster innovation and resilience against future health crises. This budget, therefore, is a significant step towards building a healthier, more equitable society.”
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Dr Kshitiz Murdia – CEO & CO-Founder of Indira IVF:
“The Interim Budget 2024-25 presented by Finance Minister, Nirmala Sitharaman, has touched upon an important segment of the Indian population in the healthcare outlay – the mother and child. The latest National Family Health Survey-V (NFHS-V) of 2019-21 has called attention to numerous parameters that have reached concerning levels. This includes the total fertility rate (or children per woman) that is at an alarming replacement level of 2.0.
Moreover, infant and child mortality rates (per 1,000 live births), delivery care, child vaccinations and vitamin A supplementation, and treatment of childhood diseases in children under age 5 years are yet to reach cut-off levels recommended by World Health Organisation and other global healthcare institutions. The move to expedite the action through Saksham Aganwadi for the benefit of mother and child is an imperative step to improve the health parameters of rural population.
The Finance Minister has also outlined prudent backward integrations and forward progression to support this. The establishment of medical colleges in existing hospitals will work towards adding more medical talent in the country, and bridge the gap of doctor to patient ratio. A natural progression to childbirth is the availability of proper nutrition for development and immunisation. These have been effectively addressed by advancing Poshan 2.0 programme and the U-WIN platform.
Cervical cancer is the leading cause of cancer among women in India, and its vaccination is recommended before the girl child attains puberty to maximise its benefits. Getting protected against the disease through effective immunisation and enabling early detection are two crucial steps that can help us save close to 1,25,000 women every year.
One of the applauding factors was establishing a 1 lakh crore corpus for loans over a period of fifty years which would be interest free. This will encourage innovation and research in the area of medical treatment as well, inciting better clinical outcomes, increasing treatment possibilities in India, and encouraging medical tourism.”
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Dr Mayank Aggarwal. Consultant Medical Oncologist. Venkateshwar Hospitals, New Delhi:
“Cervical cancer ranks as the second most prevalent cancer in Indian women, following breast cancer, and is associated with substantial death rates. The recent declaration by the finance minister to enhance preventive measures through HPV vaccination is a laudable initiative.
Coupled with increased awareness, this endeavor is certain to contribute significantly to reducing the disease burden and improving healthcare in our nation. Moreover, HPV vaccination will play a role in lowering the incidence of other cancers, such as head and neck, anal cancer, and various gynecological cancers.”
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Dr Narendra Vankar, Founder and CEO, Quantum CorpHealth:
“This fiscal year’s interim budget, which covers a wide range of areas and lays out specific actions to be carried out, is a demonstration of the government’s progressive thinking. We applaud the government’s dedication to bolstering the healthcare industry, with a particular emphasis on building a strong system for today’s contemporary India. It is very appreciated that girls between the ages of 9 and 14 will now receive cervical cancer vaccinations in schools, as stated by Hon. Finance Minister Nirmala Seetharaman.
By focusing on nutrition delivery as a component of early childhood care and development, Saksham Anganwadi and Poshan 2.0 will contribute to the creation of a healthy community. With the kind of components being combined to make health the most reliable foundation of Atmanirbhar Bharat, the Indian government is providing strong assistance to the healthcare industry. We anticipate some more encouraging announcements with the planned outline in the coming months, which will help the industry grow even more and thrive in a more improved manner.”
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Dr Neerja Agarwal, Psychologist and Co-founder Emoneeds:
“While the interim budget lacked specific policies or initiatives for the mental health sector, we remain optimistic that post-election, the full budget will address this critical area. With approximately 150 million Indians requiring mental health care services and a stark shortage of professionals – only 0.3 psychiatrists, 0.07 psychologists, and 0.07 social workers per 100,000 people – the need is urgent. On a positive note, we commend the government’s commitment to other health initiatives, including the extension of Ayushman Bharat, consolidation of maternal and child healthcare schemes, and the remarkable 1-lakh crore corpus for private sector R&D. These efforts reflect a commendable focus on the nation’s well-being, growth and innovation.”
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Dr Nisha Bhatnagar, MBBS. MD (ObGyn), Medical Director of Infinite Fertility:
“We applaud the visionary step taken by the government, to prioritize vaccination against cervical cancer for girls aged 9 to 14, as announced as part of the Interim Budget 2024. The move is a critical step towards public, specially women, health through preventive measures in combating life-threatening diseases. As a recent contributor to cervical cancer prevention through our collaborative efforts with Aveya Fertility, we believe this initiative aligns seamlessly with our mission to enhance the well-being of individuals globally.
By investing in preventive healthcare, the government is not only safeguarding the health of the nation’s future generation but also reducing the burden on healthcare infrastructure. This initiative resonates with our commitment to advancing health outcomes through innovative solutions. We will be happy to support and collaborate with the government in achieving the shared goal of a healthier and happier society.”
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Dr NK Pandey, Chairman & MD, Asian Institute of Medical Sciences, Faridabad:
“As the country welcomes the Union Budget 2024 presented by our honourable finance minister, Smt. Nirmala Sitharaman, it is assuring to see the government’s focus on the country’s youth, women, and rural development.
The budget received most appreciation with its initiative to encourage vaccination for prevention of cervical cancer, set up more medical colleges by using existing government private hospital infrastructure, extending Ayushman Bharat cover to all Anganwadi and Asha workers.
While the overall the budget seems to be balanced, however, healthcare could have been given more focus. A 10-12 percent rise in healthcare expenditure was expected in the budget which will enable the much-needed attention that healthcare requires now. The budget is generally seen as positive for addressing key issues, however, the call for a more substantial allocation to healthcare is a notable point for future considerations.”
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Dr Rajeev Boudhankar, Medical Director, Holy Family Hospital, Bandra:
“The union budget has been an encouragement for healthcare. We as healthcare professionals are happy to see the government initiatives redirected towards building and developing more medical schools across the spectrum. The provision for education and availability for cervical cancer vaccination for the young age group will also equip healthcare professionals to eventually reduce the cases of the cancer in women, the most vulnerable population of our country.
The 13 percent increase in budget allocation towards healthcare is a promising move and will help our country take more positive direction towards the goal of Universal Healthcare. India is on the crux of becoming a global leader in healthcare research and development, with the national healthcare mission aligning better year on year and the advancement in healthcare education and technologies, we’re certain that India will be the cornerstone for breaking through the current global challenges across the spectrum.”
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Dr Rajendra Patankar, Chief Executive Officer- Jupiter Hospital, Pune:
“The healthcare sector appreciates the Union Budget 2024’s commendable focus on bolstering medical education in the country, with plans to establish additional medical colleges using existing hospital infrastructure, is promising and aligns with the evolving healthcare needs.
Moreover, the government’s dedication to improving nutrition, early childhood care, and development through maternal and child care initiatives like ‘Saksham Anganwadi and Poshan 2.0’ is a crucial step toward a healthier society. The proposed mission to promote vaccination for cervical cancer prevention is a positive step.
Additionally, extending healthcare coverage under the Ayushman Bharat scheme to all ASHA workers, Anganwadi Workers, and Helpers highlights a commitment to holistic healthcare for women, children, and healthcare workers nationwide. These measures underscore a dedication to comprehensive well-being in the healthcare sector.
Overall, the budget sets positive intentions, and I look forward to witnessing its transformative impact on public health and the medical landscape.”
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Dr Sangita Reddy, JMD, Apollo Hospitals Group:
“The 2024 budget highlighted the need for investments in the healthcare sector. The focus is on preventive care, women’s health, infrastructure expansion, and child development. In order to protect women’s health, the budget promotes cervical cancer prevention by encouraging vaccination for girls aged 9-14.
The budget proposes establishing more medical colleges by utilizing existing hospital infrastructure to address the increasing demand for medical professionals. It also plans to establish new nursing colleges alongside recently established medical colleges. There are plans outlined to upgrade Anganwadi centers and implement a comprehensive maternal and child healthcare program in recognition of the significance of early childhood development.
To ensure wider coverage of immunization, the budget introduces the U-Win platform to improve immunization program management and intensifies Mission Indradhanush with the goal of achieving higher immunization rates across the country. We also need some measures to address challenges such as shortage of healthcare facilities in rural areas, and awareness toward NCDs that lead to life-threatening complications and deaths. Apart from that, some important points such as mental health, telemedicine and robotic surgeries that are minimally invasive and give successful outcomes can be included in the July budget. Overall, this budget is satisfying and can help to strengthen the healthcare system of the country especially considering it is an interim budget.”
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Dr Sanjeev Singh, Medical Director, Amrita Hospital, Faridabad:
“The finance minister, Nirmala Sitharaman, has presented a people-centric budget today. The government’s commitment to preventive healthcare is commendable. It is evident in the emphasis on vaccinating girls, between the ages of 9 and fourteen, against cervical cancer. Additionally, consolidating maternal and child care schemes under a comprehensive program is a strategic move that will enhance efficiency.
The focus on upgrading anganwadi centers through ‘Saksham Anganwadi and Poshan 2.0’ is promising for improved nutrition and early childhood development. We, at Amrita Hospital, Faridabad, applaud the government’s proactive approach towards public health with the swift implementation of the U-WIN platform for immunization management. The integration of Mission Indradhanush’s intensified efforts into this initiative reflects a commitment to reaching every corner of the country efficiently. This collaborative and technology-driven strategy is poised to revolutionize immunization programs, ensuring comprehensive coverage and safeguarding the health of our nation.
We are particularly encouraged by the announcement of new nursing colleges co-located with medical colleges, supporting our shared goal of advancing healthcare education. Furthermore, the mission to eliminate sickle cell anaemia by 2047, involving the screening of seven crore people, reflects a visionary commitment to eradicating genetic disorders. These initiatives align with our shared goal of advancing public health, and we look forward to witnessing the positive impact on the well-being of our communities.”
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Dr Shafiq AM, Co-Founder and CEO, Trilife Hospital:
“The healthcare sector in the country is facing a dearth of skilled experts and the setting up of a committee for skill development announced by the Hon Finance Minister in the interim budget is a welcome step to bridge this gap.
The Interim budget has also addressed the urgent requirement for healthcare infrastructure by announcing the setting up of a committee to examine healthcare infrastructure issues to consider the use of existing medical infrastructure under various departments. The focus to plan free vaccinations for cervical cancer in girls between nine and fourteen years of age is also a welcome move.
Every year in India about 1,20,000 women are diagnosed with Cervical cancer and about 67,000 women die from the disease every year. We are hopeful that the full budget later in the year will support innovation and R&D and rationalise the GST Framework and tax incentives for private sector participation in healthcare infrastructure development.”
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Dr S Vijayabaskaran, Executive Director, Kauvery Hospitals, Bengaluru:
“The Indian Government’s 2024 interim union budget for the healthcare sector underscores a multi-faceted approach towards enhancing healthcare education, broadening coverage, and emphasizing preventive measures. The initiative to establish more medical colleges by leveraging existing hospital infrastructures aligns with global best practices, similar to the integration seen in teaching hospitals in the US, where clinical settings offer robust training grounds for medical students. This model fosters a blend of academic knowledge and practical experience, crucial for producing well-rounded healthcare professionals.
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Jasdeep Singh, Group CEO, CARE Hospitals Group:
“The 2024 Union Budget places a pivotal emphasis on enhancing healthcare services, particularly in tier II cities and rural areas. Aligned with the overarching theme of women empowerment, the budget addresses the healthcare sector comprehensively. A noteworthy initiative is the improvement and fortification of the rural healthcare system, a move that stands to benefit women and children significantly. The extension of the Ayushman Bharat Yojana to include all ASHA and Anganwadi workers ensures that healthcare becomes accessible and affordable for all.
Cervical cancer, a prevalent health concern, is addressed through the introduction of vaccination for girls aged 9-14, a pivotal step in preventing the disease and raising awareness. The consolidation of maternal and child healthcare schemes into a comprehensive program aims to empower the vulnerable groups, especially women and children. The government’s commitment to setting up more medical colleges, utilizing existing hospital infrastructure, reflects a strategic approach to strengthening the healthcare system.
The ‘U-Win’ platform for managing immunization, along with the intensification of Mission Indradhanush, will be rapidly implemented across the country. The government’s multifaceted approach in this budget underscores a dedication to quality healthcare, particularly in tier II cities and rural regions. We are glad that we are aligned with the Government’s plans as we will continue to focus on tier II cities and rural areas to cater quality healthcare efficiently.”
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Joy Chakraborty, Chief Operating Officer, PD Hinduja Hospital and Medical Research Centre:
“We commend this year’s budget for its strategic vision, paving the way for India to achieve universal health coverage. The Finance Minister’s proactive measures to address longstanding gaps in the healthcare ecosystem, especially concerning women’s health, are commendable.
Notably, the budget expedites the enhancement of Anganwadi centres, emphasizing improved nutrition and comprehensive child development through initiatives such as ‘Saksham Anganwadi’ and Poshan 2.0. Furthermore, the initiative to prevent Cervical Cancer through vaccination for girls aged 9-14 stands out as a significant step, enhancing the well-being of the female population and encouraging collaboration with private healthcare providers.
The interim budget’s consolidation of maternal and child health schemes, and the nationwide launch of the Uwin platform signals a holistic, technologically enhanced approach. The imminent release of an application by the Ministry of Health and Family Welfare holds promise for a more efficient vaccination program.
The budget’s healthcare emphasis aligns seamlessly with our operational goals, emphasizing the establishment of new medical colleges and the optimization of existing facilities. A committee has also been formed to recommend the establishment of additional medical colleges. Collaborative initiatives between selected ICMR Labs and faculty from diverse sectors enhance medical research, contributing significantly to the advancement of a healthier India, especially as elections approach.
The government’s substantial commitment to Research and Development (R&D) with a Rs 1 lakh crore corpus and a 50-year interest-free loan reflects a forward-looking approach, aligning with our commitment to medical innovation. This corpus, providing long-term financing with extended tenors and low/nil interest rates, will encourage the private players in the healthcare sector to significantly scale up research and innovation, especially in the start-up domain.
While applauding the holistic vision manifested in the Union Budget, it’s crucial to acknowledge the need for a more substantial budgetary allocation. The healthcare sector requires additional resources, aiming for 2.5 – 3.5 percent of GDP to move closer to universal health coverage. Navigating the current healthcare challenges that our country faces requires synergy between government initiatives and the healthcare industry’s resilience towards delivering quality healthcare to all.
We look forward to working with stakeholders in implementing the suggested campaigns and enhancing India’s healthcare equity.”
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Krunal Mehta, Co-founder & COO,Jivika Healthcare
“The interim budget for 2024-25 underscores a positive and comprehensive strategy to boost public health. Inclusive initiatives, such as cervical cancer vaccinations and streamlined maternal and child healthcare programmes, highlight a commitment to holistic well-being.
Utilising existing hospital infrastructure for medical colleges, accelerating Anganwadi centre upgrades, and the newly-designed U-Win platform for immunisation management reflects a proactive approach. The budget’s emphasis on research collaboration and tackling challenges like out-of-pocket expenses showcases a robust effort to fortify an inclusive and resilient healthcare system.”
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Lovekesh Phasu, Group COO, Sakra World Hospital, Bengaluru:
“While the government’s laudable efforts, such as cervical cancer vaccination and maternal healthcare schemes, tackle vital health concerns, there remains room for improvement. Greater emphasis on budgetary allocations for healthcare infrastructure, telemedicine expansion, medical research funding, could have significantly enhanced accessibility and healthcare delivery across the nation.”
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Nishant Mishra, CMO, Apollo Health and Lifestyle Limited
“The most common cause for cervical cancers is the virus called human papillomavirus (HPV). Out of all HPV virus, HPV 16 and 18 are the most predominant types which causes cervical cancer. Cervical cancer is highly preventable and highly curable if caught early. Nearly all cervical cancers could be prevented by HPV vaccination cervical cancer screening, and appropriate follow-up treatment when needed. All people ages 9 to 45 can get the HPV vaccine to protect against genital warts as well as HPV-related cancer. It’s recommended that children get the vaccine at age between 9 to 14, so they’re fully protected years before they become sexually active.”
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Nupuur Patil, Nutritionist, Nupuur Patil Fitness:
“We commend the government’s strategic initiative towards achieving self-reliance (Atmanirbharta) in the production of oilseeds such as sesame, sunflower, mustard, and others. This approach holds promise in increasing awareness about the substantial benefits of incorporating these oilseeds into one’s diet, thereby contributing to a healthier Bharat.
The emphasis on nutritional enhancement is further underscored by the commendable upgrade of Anganwadi centres through the ‘Saksham Anganwadi and Poshan 2.0’ initiative, aiming to enhance nutrition delivery and foster early childhood care and development. In addition, the allocation of 43 crore loans, totaling 22.5 lakh crore under the PM Mudra Yojana, is a significant victory in supporting the entrepreneurial aspirations of our youth.
This substantial financial backing aligns with the government’s commitment to fostering economic empowerment and innovation. Moreover, the announcement of a vaccination drive for young girls to prevent cervical cancer deserves appreciation. This proactive healthcare measure demonstrates a commitment to the well-being of the population, particularly in terms of preventive healthcare initiatives.”
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Pranav Bajaj, Co-Founder, Medulance Healthcare:
“The Finance Minister’s extension of Ayushman Bharat coverage to Anganwadi and Asha workers is a commendable move, prioritizing the well-being of healthcare frontline workers. The consolidation of maternal and child healthcare schemes into a comprehensive program streamlines efforts for better outcomes. Committing to raise the Lakhpati Didi scheme target to Rs 3 crore reflects dedication to women’s economic empowerment. The emphasis on tech-savvy youth and innovation as a linchpin for national development is encouraging.”
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Probal Ghoshal, Executive Chairman, Ujala Cygnus Group of Hospitals:
The government’s commitment to enhancing the healthcare infrastructure through the establishment of more medical colleges, and utilizing existing hospital infrastructure, is a commendable step towards bolstering the nation’s healthcare capacity. We applaud the creation of a dedicated committee to address related issues, foreseeing positive outcomes from their recommendations.
The initiative to provide Cervical Cancer Vaccination for girls aged 9 to 14 is a significant stride in preventive healthcare, addressing a crucial health concern. It aligns with our shared mission to combat prevalent diseases and promote community well-being.
Furthermore, the budget’s focus on maternal and child healthcare, including the upgradation of Anganwadi centers under ‘Saksham Anganwadi and Poshan 2.0’, is a pivotal move for enhancing nutrition delivery and early childhood care. The extension of healthcare coverage under the Ayushman Bharat scheme to ASHA workers, Anganwadi Workers, and Helpers reflects a comprehensive approach to healthcare, fostering resilience in India’s healthcare system. Ujala Cygnus Hospitals stands ready to actively contribute to the realization of these impactful healthcare initiatives.
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Rajat Goel, Co-Founder of Eye-Q, Super Speciality Eye Hospital:
“In line with the government’s commitment to health, the announcement of extending Ayushman Bharat coverage to Anganwadi and Asha workers, and consolidating maternal and child healthcare schemes, marks a commendable step towards a more inclusive healthcare system.
Notably, the allocation of a 1-lakh crore corpus with 50-year interest-free financing for R&D will encourage the tech-savvy youth, signalling a golden era of entrepreneurship. However, we note a missed opportunity in addressing the critical needs of the eye care industry.
Taking into account the demands of eye care stakeholders would have contributed to approaching the World Health Organization’s goal of reducing blindness to 0.3 percent of the population, especially considering India’s current figure of 0.36 percent.”
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Raj Gore, CEO, Healthcare Global Enterprises Ltd. (HCG):
“I appreciate the government’s push for a comprehensive health development for women in this budget. The emphasis on promoting cervical cancer vaccination for girls aged 9-14 is a pivotal step towards raising awareness and taking preventive measures to reduce cervical cancer burden in India.
The budget announced other initiatives such as comprehensive programs for maternal and child healthcare schemes, mission to eliminate sickle cell anaemia by 2047, and setting up more medical colleges by utilizing existing hospitals. These steps will help in improving overall national health indicators in future. It is also important to recognize the significance of universal healthcare in ensuring equitable access to quality healthcare services for all citizens. However, I strongly recommend an increased allocation to the healthcare sector in the upcoming post-election budget.”
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Raj Vardhan Singh, OSD Chairman, Noida International Institute of Medical Sciences and Hospital:
“We appreciate the administration for taking the initiative to prioritise healthcare, especially with the founding of 390 universities and 15 AIIMS, which demonstrate a dedication to strengthening the country’s health infrastructure. It is extremely commendable that there is a greater emphasis on maternal and child health thanks to programmes like Saksham Anganwadi, Poshan 2.0, and the cervical cancer vaccine programme for girls aged 9 to 14. These programmes highlight the significance of early nutrition and development.
The launch of the You WIN platform for Mission Indradhanush represents a calculated step in the direction of effective vaccination coverage. It is inclusive to provide ASHA, Anganwadi workers, and helpers with health coverage under Ayushman Bharat.
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Vaibhav Tewari, CEO & Co-Founder, Portea Medical:
“While we recognize the positive advancements in the healthcare sector in the Budget, certain aspects warrant a “wait-and-watch” approach. The decision to form a committee for expanding medical colleges recognizes the need for enhanced healthcare infrastructure. However, swift and effective resolution of execution challenges is imperative for the initiative’s success. The emphasis on immunization (cervical cancer vaccination) for girls and the integration of healthcare schemes for mother and child into a unified format signals a commitment to preventive and comprehensive healthcare. Yet, success hinges on seamlessly integrating existing programs, clear execution strategies, and robust monitoring mechanisms. Expanding Ayushman Bharat health insurance to ASHA, Aanganwadi workers, and helpers supports the frontline healthcare workforce. Efficacy will depend on seamless collaboration between public and private sectors, coupled with the necessary digital infrastructure. There were several other key expectations that have remained unaddressed such as expansion of insurance coverage to outside of hospital care, funding, support for tech-driven healthcare sector, and healthcare startups etc. Since this is an interim budget, it seems that barring some of the operational needs, major policy initiatives have been left out for the full annual Budget that will be presented after the elections this year. Looking ahead, fostering a collaborative environment is crucial for the government, leveraging strengths from both public and private entities. A digitally-driven approach, emphasizing transparency and efficiency, is pivotal for executing these healthcare initiatives successfully. At Portea, we are eager to actively contribute to these efforts, leveraging our expertise to ensure a robust and accessible healthcare system for all.”
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Viren Shetty, Executive Vice Chairman of Narayana Health:
“Recognizing the need for providing Universal Health Care, the interim Union Budget 2024-25 extended the Ayushman Bharat scheme to cover nearly over three million ASHAs and Anganwadi workers. In a noteworthy move, the budget also unveiled a roadmap for addressing long-term capacity building by investing in healthcare infrastructure, and converting existing hospitals into medical and nursing colleges.
This will go a long way towards addressing the skill shortage in the healthcare industry and create millions of jobs. These initiatives align with our commitment to provide comprehensive health coverage across all our hospitals.”
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