The healthcare sector stands at the forefront of national development, serving as the backbone of India’s well-being and resilience. As we approach the Union Budget 2025, there is widespread anticipation for measures that will address critical issues such as improved accessibility to quality healthcare, increased investment in infrastructure, promotion of innovative technologies, and incentives for research and development. From tackling existing challenges to fostering a more inclusive and robust healthcare system, the sector seeks policies that can accelerate its growth and impact.
In this article, we present exclusive pre-budget quotes and insights from renowned leaders and experts in the healthcare industry. Their perspectives shed light on the transformative initiatives and government interventions needed to create a sustainable and equitable healthcare ecosystem in India. Let’s explore their vision for a healthier tomorrow.
Dr. Anil Thakwani, Consultant and Senior Oncologist, Shardacare-Health City
“The oncology sector holds high expectations for Budget 2025, focusing on addressing the growing burden of cancer in India. With cancer becoming one of the leading causes of mortality, stakeholders anticipate increased allocations for cancer care infrastructure, research, and patient support. Enhanced funding for establishing specialized oncology centers in Tier 2 and Tier 3 cities is critical to ensure equitable access to diagnosis and treatment. Expanding schemes like Ayushman Bharat to cover advanced cancer treatments can significantly ease the financial burden on patients. Tax incentives for early cancer screening programs and awareness campaigns are essential for early detection and prevention. The budget should prioritize research and development in oncology and encourage innovations in precision medicine, cancer genomics, and affordable diagnostics.”
Mr. Mahipal Singh, Founder & CEO, Revaa
“The growing emphasis on sustainability and eco-consciousness in the menstrual hygiene sector highlights the need for innovation and widespread adoption. Products like reusable period panties, sanitary pads, and period shorts are transformative solutions that destigmatize menstruation and provide women with the comfort, safety, and ease they deserve during their cycles. While basic menstrual products such as sanitary pads are taxed at 0% GST, innovative and reusable alternatives like period panties and shorts remain unrepresented in the tax regime. To support this shift, it is crucial to extend tax benefits and other incentives to organizations committed to making MH acceptable with sustainable menstrual solutions.”
Mr. Jasdeep Singh, Group CEO, CARE Hospitals”
The Union Budget 2025-26 is a critical opportunity to bolster India’s healthcare system. We hope to see increased public healthcare spending, especially in rural areas. Expanding Ayushman Bharat, improving reimbursement rates under government schemes, and reducing duties on essential medical equipment like LINACs will make healthcare more affordable. To position India as a global healthcare hub, funding for medical tourism and R&D in MedTech is essential. The budget should also incentivize digital health solutions and public-private partnerships to drive healthcare innovation.”
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