Union Budget 2023-2024 Reaction: Dr. Simmardeep Singh Gill, MD & CEO, Sterling Hospitals

1 Feb 2023 , 02:56 PM

With the aim to strengthen the economy of India, this year’s Budget announced by Union Finance Minister, Nirmala Sitharaman, is focused on building a robust digital infrastructure across sectors while promoting green growth and job creation. Having laid a sturdy foundation for a strong healthcare ecosystem in the past couple of years, this year’s budget has moved towards reinforcing the R&D and core medical education system. 

The announcement of 157 nursing colleges to be set up will help in imparting value education to students and strengthen the healthcare sector in the long run. One of the major focuses of the Government during this budget was to tackle the sickle anaemia disease. The Budget took a bold step and laid out a plan to eliminate sickle cell anaemia by 2047 which will be launched soon. Other than creating value awareness, this program will include a screening of 7 crore people in the affected tribal areas. This goes hand in hand with the Budget’s focus on inclusive development. Additionally, the Budget has announced a new program for investing in R&D in pharmaceuticals. This will be a major step in analysing and curating necessary medicine with positive results. This will majorly boost the sector and be a huge boon for the years to come, laying a strong foundation for the industry.