Big Boost For Healthcare Sector

Exemption of 36 life-saving drugs for cancer, rare diseases, and chronic severe ailments from basic customs duties, along with concessional duties on six additional life-saving medicines and bulk drugs, will make treatment more affordable and accessible

The Union Budget 2025-26 marked a transformative step forward for India's healthcare sector. The establishment of daycare cancer centres in all district hospitals, with 200 centres operational this year, will significantly enhance cancer care accessibility. This aligns with the mission to provide equitable healthcare solutions to all sections of society. Additionally, the expansion of medical education by adding 10,000 seats this year and 75,000 seats over the next five years addresses the critical shortage of healthcare professionals, strengthening infrastructure and meeting growing healthcare needs.

The introduction of health insurance for one crore gig workers and concessions on critical medicines underscores the government's focus on safeguarding vulnerable groups and reducing financial burdens on patients. Notably, the exemption of 36 life-saving drugs for cancer, rare diseases, and chronic severe ailments from basic customs duties, along with concessional duties on six additional life-saving medicines and bulk drugs, will make treatment more affordable and accessible. Furthermore, the expansion of patient assistance programmes, exempt from basic customs duties, will provide much-needed support to those battling severe illnesses.

Key initiatives include broadband connectivity to all primary health centres (PHCs) in rural areas, enabling telemedicine and remote healthcare delivery. The promotion of medical tourism and Heal in India, in partnership with the private sector, aims to position India as a global healthcare hub. The extension of the potable tap water mission to 2028, with 100 per cent coverage and an increased budget, ensures access to clean drinking water, a vital determinant of public health. Nutritional support through Saksham Anganwadi aims to combat malnutrition among women and children, fostering a healthier future generation.

Furthermore, raising the FDI limit in the insurance sector from 75 per cent to 100 per cent for companies investing premiums in India will boost investment and innovation, driving growth in the sector.

These initiatives reflect a strong commitment to building a healthier, more resilient India, with a positive impact on the nation's healthcare landscape.