India Union Budget 2025 Key Updates - Healthcare and Life Sciences
India Union Budget 2025 Key Updates - Healthcare and Life Sciences
The Union Budget 2025 has struck the right notes for India Inc., with a slew of measures aimed at boosting consumption and encouraging private sector capital expenditure. The government's continued focus on 'Make in India' is expected to increase domestic production, reduce imports, and create jobs, contributing to long-term growth. Additionally, the proposed reforms for greater ease of doing business in India will help facilitate more international and domestic investment.
The budget has introduced several important initiatives for the Healthcare and Life Sciences sector. With a focus on enhancing medical education, expanding cancer care infrastructure, and promoting medical tourism, the government is setting the stage for a more accessible and robust healthcare ecosystem. Important tax reforms aimed at driving growth, innovation, and creating a more attractive environment for investment in the healthcare and life sciences industries have also been introduced.
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