All governments are aware of and pay attention to the importance of the healthcare structure of their countries. The budget for the forthcoming financial year will be released approximately on February 1st of 2025, and so the industry experts are looking closely at what new things the government will bring forth to the sector.

While in the union budget 2025, the government supported the industry, this time experts are looking for even bigger support. Yashoda Super Specialty Hospitals, Kaushambi's CMD PN Arora said: Ma’am PM Gati Shakti,one of India''s growing sector in revenue generation and employment, healthcare sector has grown rapidly. ” For the upcoming budget, we hope that the government will lower input GST on healthcare services. On top of this, most recent statistics pointing at the imbalance between the premiums received and claims made by the insurance companies, there is a necessity for reforms within the healthcare sector in India.”

Decision Support System in Healthcare IT “For this reason, we expect the government to address the problem and take action to resolve this issue. In addition, there is a need for increased spending on public health institutions and a greater use of the private sector to enhance quality of care. Adequate investment into the construction and improvement of facilities in the regions that are deprived of healthcare services will guarantee positive health outcomes for the population,” said Arora.

Put Emphasis On Mental Health

As stated Manun Thakur, Founder and CEO of Veda Rehabilitation and Wellness, “By 2020, India has already lost USD 14 billion because of poor mental health of employees. Hence, investing in mental health is essential if one wants to ensure productivity and happiness across various sectors.” The allocation to the healthcare sector during the Union Budget 2024-25 stood at around Rs. 90659 crores, which was almost 2% more than the allocation for the previous fiscal year. The sad part is that mental health issues and programs only received less than 1% of this budget. Rs 850 crore were provided for NIMHANS, Rs 60 crore for the Lokopriya Gopinath Bordoloi Regional Institute of Mental Health, and Rs 90 crore for the National Tele-Mental Health Programme (TELE Manas).

Thakur’s stance is equally with the increasing scope of financial finding, there shall be a large increased awareness, in terms of funding postpartum depression. According to some estimates, almost a quarter of new mothers in India suffer from postpartum depression, and a large number of those sufferers do not know.

“The government can take important steps towards improving the national wellbeing by helping out people suffering with mental issues, particularly, postpartum depression by setting up effective campaigns and increasing the resources available. These investments would not only serve to improve individual’s standard of living but would be of great assistance to the nation as a whole,” Thakur noted.

Fostering Innovation Along With Enhancement Of Availability

Debojyoti Dhar, Co-founder and Director, Leucine Rich Bio when addressing the forthcoming budget expressed hope that rapid enhancement of innovation and bettering of accessibility of measures would be sought by the Healthtech and Diagnostics sector.

“There are a few actionable steps that can greatly improve how we serve our patients – first, the authorities should boost policies around infrastructure for digital health, second, encourage research and development that goes into diagnostics, third, provide tax breaks to companies that invest in high-end technologies like genomics and microbiome solutions – all these would result in life-altering changes in how healthcare is provided. Similarly, establishing partnerships with communities and developing capacity for underserved populations’ diagnostic tests would guarantee that breakthroughs in health good delivery would be available in all regions of the country. If there was such a budget Indian healthcare would be considered a world leader in personalized prevention,” opined Dhar.