Union Budget 2023-2024 Reaction: Mr. Shanay Shah, President, Shalby Hospitals

1 Feb 2023 , 03:03 PM

The Union Budget for this year is focused on a holistic plan for accelerating economic expansion. After the pandemic, healthcare, education, and training all received substantial investment and priority. The healthcare sector will be further bolstered by measures presented in the Budget, with a particular emphasis on current issues. For instance, the declaration of the establishment of 157 new nursing colleges in conjunction with the 157 medical colleges established since 2014 will play a catalytic role in focusing on the importance of medical studies. 

Moreover, it was assured that Sickle Cell Anaemia (SCA) would be eradicated by 2047. This will require education, screening, and counseling for the 7 crore individuals aged 0–40 who live in the affected tribal communities. To promote the cooperative study and new ideas, a research facility will be made available. Medtech specialised work force on innovation and better quality. Both a new pharmaceutical research, and development scheme, and a national digital library for youngsters, and adolescents are on the horizon. 

Some of the laboratories of the Indian Council of Medical Research (ICMR) will open their doors to researchers from other institutions. In addition, a new initiative designed to promote scientific inquiry and creative development in the pharmaceutical industry will be launched. Not only will these programs improve access to affordable healthcare, but they will also do it in a seamless and effective manner.