What does startups expect from the Budget 2016
19 Feb' 16

What does startups expect from the Budget 2016

What does startups expect from the Budget 2016

Sirdharan Sivan, Founder and CEO, S10 Health

As the Indian healthcare industry is at the cusp of innovation and change, the government in 2016's budget, should announce concrete measures that will boost the country towards better health. There are a number of possibilities like covering issues of affordability, access and policy level changes that will propel the sector to meet the demands of the health seekers.

The government should provide healthcare infrastructure status that would help funding for specialty clinics. Moreover, the wellness programs should also be classified for medical reimbursements.

Another expectation from the budget is that the government should also work towards exempting healthcare services and products from Goods and Services Tax (GST), especially on preventive health check-ups and wellness programs.

The government should also introduce some provisions for tax benefits for healthcare startups during the formative years.

Comments

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