Budget to prioritise health investments

Why is it in news?
  • The Finance Minister hinted that the Union Budget for 2021-22 would assign top billing to health sector concerns.
  • Finance Minister was addressing the implications of the post-pandemic world for industry and the workforce.
Key notes of Finance Minister's speech:
  • India would play a significant role in reviving the global economy and was ready to manufacture vaccines for the world.
  • In 100 years of India, we haven’t seen a Budget being made post-pandemic like this.
  • Government was taking all inputs received from health sector experts for the Budget seriously.
  • The Budget will try to encourage investments in research and development in biotech and pharmaceuticals.





Posted by Jawwad Kazi on 19th Dec 2020