Budget 2023 Expectation: PHDCCI proposes to increase the health budget by 30-40%

Industry body said on Thursday that the should by 30 to 40 percent as there is a growing need for health facilities and infrastructure across the country.
Making the suggestion for the next Union Budget, Saket Dalmia, President of PHDCCI, said that the budget for health has seen an increase of about 16 percent in absolute terms between the budget estimates of 2021-22 and 2022- 2. 3.

The main focus could be on a widespread campaign for healthy living, which is the need of the hour to build a healthy human resource for the country.

“The importance of a healthy life must necessarily be included in the school curriculum. Local bodies, chambers and associations must organize awareness programs on diabetes and other lifestyle-related diseases,” he said.

Commenting on his expectations for the upcoming budget, Ajay Poddar, President and CEO of Syenergy Environics, said that rapid and accurate diagnosis is the most relevant demand and will enable a quick return to patient well-being as well as help control the spread of infections towards a effective health management. .

“We need multi-disease diagnostic platforms, affordable diagnostics, and promotion of well-being in the country,” he said.

Poddar also said that the government should come up with a mechanism and policy framework to allow health insurance to cover wellness tests and Ayush treatments as well. Encouraging and funding research could reduce health care costs to Rs 1,000 per person per year.

Finance Minister Nirmala Sitharaman is scheduled to present the 2023-24 Union Budget on February 1.

The ministry held several rounds of discussions with different stakeholders in various sectors to seek suggestions for the budget.

Siddhartha Ghosh, Director, Hyderabad Campus, NMIMS, Narsee Monjee Institute of Management Studies, said the per capita insurance spending on healthcare in India is the lowest in the world.

More than 75 per cent of Indians do not have health insurance, and the new budget should have provisions to handle this,” Ghosh added.

PHDCCI also said that the government should also set up primary clinics at the Panchayat level and ensure their proper and regular operation.

They should be digitally equipped to facilitate telemedicine and the data collected at the Panchayat level should also be digitized for further use for treatment in different locations, Dalmia said.

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