Budget quote by Manish Chhabra, CEO & Founder, Shifa Care

FM says there is a holistic vision of healthcare. Mission Indradhanush has been extended to cover new diseases and new vaccines.

Feb 01, 2020 03:02 IST India Infoline News Service

Union Finance Minister Nirmala Sitharaman announced Rs69,000 crore for health sector in the Lok Sabha.
 
FM says there is a holistic vision of healthcare. Mission Indradhanush has been extended to cover new diseases and new vaccines. Fit India is part of it, she said. There are 20,000 empanelled hospitals in Ayushman Bharat and need more in Tier 2 and 3 cities to benefit poor in these areas. PPP mode hospitals will be set up under viability gap funding to look at areas where there are no hospitals. This will be 112 aspirational districts where first priority will be given.
 
Manish Chhabra, CEO & Founder of Shifa Care, applauded the Union budget 2020- 21, saying, “10% increase in Healthcare Budget to Rs 69,000 Cr is welcoming. As mentioned over 6 million new taxpayers were added in the last two years and by 2030 India will become the largest workforce, India should invest dis-proportionate increase in healthcare budget to healthy working India to catch up to OECD spend.”
 
Chhabra further commended the budget, saying, “Creating more medical colleges at district level hospitals is a welcoming step, however quality framework to education and appropriate job prospects for young doctors should be created. We would like to see innovation investments in new era of Medicine of Targeted Medicine for immuno-oncology, biologics & biosimilars to have more patents under India's name with Public Private Partnership (PPP).”
 
While sharing his thoughts, Chhabra added, “IPR is a critical step to generate Intellectual properties and protection will attract more innovation and entrepreneurship, e.g. All India Genome mapping would enhance preventative health and quantum computing is the future of speed and computing. We are acutely conscious for removal of manual scavenging and welcome Rs85,000 Cr for implementation of technology, as we see it relatively connected to healthcare budget which have been allocated, healthcare needs to be prioritised proportionally.”

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