Budget 2026: Quality medical education, better infrastructure and increase in overall expenditure should be focus, say Experts
New Delhi [India] January 29 (ANI): Health experts have urged the government to increase expenditure and infrastructure in the Union Budget which is to be presented on February 1.
Speaking to ANI, MD Poly Medicure & CoA Member EPCMD, Himanshu Baid on Union Budget 2026, said, "We need to increase expenditure on health care, which is a bigger problem that the whole country is facing...I want to propose to the government that our health expenditure should go to 2.5% of GDP... Secondly, at least in tier 3 and 4 cities, we need better healthcare infrastructure, so incentives should be provided to enterprises that want to set up hospitals in those cities... There is also GST inversion, especially in the medtech sector... I am grateful to the Government of India for reducing the GST on medical equipment and devices to 5%."
An Indian MedTech leader in balance and vertigo solutions stressed that clinical evidence funding is key to unlocking India's US$50-billion MedTech ambition.
Rajneesh Bhandari, Founder, NeuroEquilibrium, which works in the area of balance and vertigo disorders, said, "India is rapidly emerging as a MedTech manufacturing hub, with exports exceeding US$4 billion and the MedTech sector projected to reach USD 50 billion by 2030. To accelerate this transformation into a true global exporter, the Budget must create 'clinical evidence and validation grants' - a dedicated corpus to finance multi-centre studies, real-world evidence, and health economic outcomes, so that India's home-grown technologies prove their value on the world stage."
"The budget should prioritise training and upskilling of doctors, nurses and allied health staff, along with continuous medical education. Without well-trained professionals, even the best infrastructure cannot deliver quality care," he said.
"A future-ready healthcare system depends on how well we prepare today's medical workforce," he added.