
Budget 2024: Tax Benefits On Opening New Hospitals To R&D Push; Here’s What The Healthcare Sector Eyes
ABP NewsBudget 2024 Expectations: Healthcare is one of the most crucial sectors that play a significant role in a country's development. The contribution of the healthcare industry towards economic indicators is significant,” said Dr Gurushankar S, Chairman, Meenakshi Mission Hospital & Research Centre. Achieving this requires the government to offer a tax holiday to encourage doctors and healthcare entrepreneurs to establish new medical facilities beyond metropolitan areas. "At SRM Global Hospitals, we anticipate budget allocations in primarily three areas, namely building a robust ecosystem that would boost medical tourism, making digital healthcare accessible till the last mile of the country and improved insurance coverage for everyone to access quality healthcare,” opined Dr V.P.Chandrasekaran, Chief Operating Officer, SRM Global Hospital, Chennai. Currently, the healthcare sector contributes approximately 1.7 per cent to the GDP.” Singh added that strategic investments and reforms can significantly increase this contribution.
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