Union Budget

Union Budget 2021 - Post Budget Reaction from Dr. Prathap C. Reddy, Chairman, Apollo Hospitals Group



Posted On : 2021-02-01 22:10:46( TIMEZONE : IST )

Union Budget 2021 - Post Budget Reaction from Dr. Prathap C. Reddy, Chairman, Apollo Hospitals Group

Commenting on the Union Budget 2021, Dr. Prathap C Reddy, Chairman, Apollo Hospitals Group said, "The COVID-19 pandemic was an unprecedented medical crisis and it underlined the importance of building a resilient healthcare infrastructure. Today, the Hon'ble Finance Minister's said health was her first pillar and her announcements to develop primary, secondary and tertiary healthcare systems, greatly gladdened my heart. This ground-breaking focus on health which will provide access to medical care for all in our country, fuel job creation and boost economic momentum.

India's efforts in managing the pandemic have been exemplary - our frontline workers and scientists have been working tirelessly to save lives and develop indigenous vaccines. Now the allocation of Rs. 35,000 crores for COVID-19 vaccines and more if required, makes our glorious nation stand tall as a model for the world.

We must now look at the next crisis of Non Communicable Diseases, which will be responsible for 80% of deaths and cause a 3.8 trillion USD burden to the country by 2030. It is important to focus on prevention, early detection and possible cure to protect Indian families from grief, financial burden and to help the GDP grow. India having proven its clinical excellence, should now focus on clinical trials, research, innovation and technology. There is potential for India to become the largest global health technology center. As an additional opportunity, India can generate employment and be a healthcare service provider for the world."

Source : Equity Bulls

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