business reporter
medical technology association of india on wednesday sought lowering of customs duty to 2.5 per cent and removal of health cess ad valorem on medical devices in the upcoming union budget.
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The Medical Technology Association of India on January 17 sought the lowering of customs duty to 2.5 percent and the removal of health cess ad valorem on medical devices in the upcoming Union Budget.
Coronavirus pandemic underlined need for higher budget allocation for healthcare sector
India
Published: Sunday, January 24, 2021, 12:51 [IST]
New Delhi, Jan 24: The COVID-19 pandemic has emphasised the key role of healthcare in the lives of people, underlining the importance of higher budget allocation for improving the healthcare infrastructure in the country, sectoral players said.
The pharma sector which has played a leading role as the ''pharmacy of the world'' said it expects support and incentives especially for research & development and innovation in the coming budget. The pandemic has completely changed the dynamics of the Indian healthcare ecosystem, NATHEALTH President and Apollo Hospitals Executive Vice-Chairperson Preetha Reddy told PTI.
Updated Jan 24, 2021 | 18:19 IST
MTaI Chairman and Director General Pavan Choudary said respecting the PM’s appeal to save livelihood, the MedTech industry strived to protect jobs even in this inclement weather. COVID-19 pandemic underlined need for higher budget allocation for healthcare sector | Photo Credit: BCCL
New Delhi: The COVID-19 pandemic has emphasised the key role of healthcare in the lives of people, underlining the importance of higher budget allocation for improving the healthcare infrastructure in the country, sectoral players said.
The pharma sector which has played a leading role as the ‘pharmacy of the world’ said it expects support and incentives especially for research & development and innovation in the coming budget.