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Pharma and healthcare Budget 2023
The Department of Pharmaceuticals was created on 1 July, 2008 in the Ministry of Chemicals & Fertilizers with the objective to give greater focus and thrust on the development of the pharmaceutical sector in the country and to regulate various complex issues related to pricing and availability of medicines at affordable prices, research & development, protection of intellectual property rights and international commitments related to the pharmaceutical sector which required integration of work with other Ministries. The Centre is all set to introduce a research-linked incentive programme shaped along the lines of the production-linked incentive (PLI) scheme to boost research and development of biotech products in the country. PLI scheme aims to give companies incentives on incremental sales from products manufactured in domestic units. In 2020, the government announced a PLI scheme to encourage indigenous manufacturing of critical pharma ingredients.
Showing of 0 - 10 from 9 results
Pharma And Healthcare - Total results - 9
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Jan 31, 2023
Budget 2023-24 Expectation: Improve public health expenditure, increase focus on preventive care in Tier 2, 3 cities
Government-led genome sequencing programmes in partnership with some private players will help in disease management -
Jan 31, 2023
Budget 2023-24 Expectation: Allocate funds to mental health initiatives for underprivileged section
It is important to mandate emotional wellness programmes for colleges and corporates to make them more accessible and transparent -
Jan 31, 2023
Budget 2023-24 Expectation: Govt must incentivise preventive health check-ups to cut future medical expenses
Increased Budget allocation for healthcare should also focus on comprehensive health check-ups -
Jan 30, 2023
Budget 2023-24 Expectation: Encourage PPP model to increase number of medical professionals in the country
The government should launch a unified health ID for all to ensure a seamless flow of healthcare data -
Jan 27, 2023
Budget 2023-24 Expectation: Shift focus towards preventive healthcare
Working on preventive healthcare would not only drastically reduce the national burden of disease which is rapidly increasing, but also lead to improvement in the quality of life of people -
Jan 26, 2023
Budget 2023-24 Expectation: Focus should be on affordable medical technology
India has a real opportunity to become a world leader in the field of robotic surgery due to its population base, an affordable robotic system, physicians wanting to use the latest technologies and a huge amount of data that will be used for teaching, training and future publications -
Jan 25, 2023
Union Budget 2023-24: Will Budget provide a booster dose for Indian pharmaceutical industry?
Tax-related incentives would help in realizing govt objective of self-sufficiency in APIs manufacturing -
Jan 23, 2023
Budget 2023: Why last full budget of Narendra Modi govt should focus on health sector
Healthcare is a public good. If India wants to become a developed nation by 2047, the sector must be made tax-free -
Jan 20, 2023
Union Budget 2023-24: What healthcare sector expects from Finance Minister
The Parliamentary session of the Union Budget is likely to be held on 31 January, 2023, as per reports. Just like every sector of this country, the healthcare sector also has big expectations from this year’s budget
