Union Budget 2025: Key Takeaways for the Healthcare Sector
1. Not enough Healthcare Allocation:
Total allocation: ₹99,859 crore, a 9.8% increase from the previous fiscal year.
Focus on strengthening healthcare operations and infrastructure.
2.Support for Pharmaceutical Industry:
₹2,445 crore allocated for the Production Linked Incentive (PLI) scheme to enhance domestic manufacturing and innovation.
3.Healthcare Education Expansion:
Introduction of 10,000 new medical college seats, with plans for an additional 75,000 seats over five years to meet rising healthcare demands.
4.Focus on Healthcare Innovation:
₹500 crore investment in new Centres of Excellence for AI to drive tech-driven healthcare solutions.
New credit card scheme for micro-enterprises offering up to ₹5 lakh to enhance financial flexibility.
5.Promoting Health Equity:
Funds allocated for broadband connectivity in rural health centers to bridge the urban-rural healthcare divide.
Healthcare identity cards for gig workers under the PM Jan Arogya Yojana.
6.Affordability of Healthcare:
Full exemption of customs duty on 36 life-saving drugs, making essential medications more accessible.
Establishment of daycare cancer centers in all district hospitals within three years.
7.Enhancing Medical Tourism:
Launch of the ‘Heal in India’ initiative, introducing on-arrival visas for international patients, positioning India as a global medical tourism destination.
8.Investment in Digital Health:
Continued support for initiatives like the Ayushman Bharat Digital Mission, prioritizing digital health records and improving access to healthcare services.
9.Commitment to MSME Growth:
Increased investment limits for MSMEs, which contribute significantly to manufacturing and employment in the healthcare sector.
10.Focus on Educational Initiatives:
Expansion of the Atal Tinkering Labs (ATL) initiative to establish 50,000 ATLs in government schools, promoting STEM-driven innovation in healthcare.
The Union Budget 2025 demonstrates the Indian government's commitment to transforming the healthcare sector through increased funding, a focus on innovation and education, and measures aimed at improving accessibility, affordability, and equity in healthcare services. The outlined initiatives aim to position India as a global leader in healthcare innovation and a preferred destination for medical tourism.
Health budget 2025 in Graphics:
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