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The Interim Budget presented on Thursday by Union Finance Minister Nirmala Sitharaman lacks focus on mental health, rising cost of medical devices, said experts.The experts hailed the government's proposal to encourage vaccination for girls in ...
Sitharaman, who has already presented five annual Budgets, will be unveiling an interim Budget for fiscal 2024-25 on February 1 in the Lok Sabha. It will be the last major economic document before the next general elections. Industry says that it is imperative for the government to take measures to boost economic growth in the country as India marches towards becoming the third largest economy in the coming years. Industry body CII has suggested launch of 'National Mission for Advanced Manufacturing' to enhance quality and productivity in manufacturing.
India Inc wants Finance Minister Nirmala Sitharaman to announce more measures in her interim Budget for fiscal 2024-25. Industry also calls for increased capital expenditure outlay. Sitharaman had indicated that it would be a vote-on-account. Expectations include reduced customs duty on medical device imports. The forthcoming budget is viewed as pivotal for Geographic Information Systems (GIS).
Budget 2024 Expectations Live: The full Budget for the fiscal year 2024-25 will be revealed once the new government is formed after the general elections.
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. t