Union Budget 2026 Healthcare Expectations: Sector Calls for Enhanced Funding and Policy Support
As India prepares for the Union Budget 2026, the healthcare sector is voicing strong expectations for increased financial allocations and robust policy frameworks. Stakeholders across the industry are aligned in seeking higher investment to address critical gaps in infrastructure, research, and last-mile patient access.
Key Demands from the Healthcare Industry
The sector's demands are multifaceted, focusing on several key areas that require immediate attention and funding:
- Infrastructure Development: There is a pressing need for stronger funding to build and upgrade healthcare facilities, especially in rural and underserved regions. This includes hospitals, clinics, and diagnostic centers to ensure equitable access.
- Research and Innovation: The healthcare sector emphasizes the importance of enhanced research support, particularly in emerging fields like genomics and med-tech. Increased investment in research can drive innovation and improve treatment outcomes.
- Last-Mile Access: Policies aimed at expanding patient access to healthcare services are crucial. This involves making treatments more affordable and ensuring that advanced medical technologies reach even the most remote areas.
Focus Areas: Med-Tech, AYUSH, and Genomics
Specific segments within the healthcare sector are highlighting their unique needs in the budget expectations:
- Med-Tech: The medical technology sector is seeking incentives and funding to foster innovation and reduce dependency on imports. This includes support for domestic manufacturing and research in cutting-edge devices.
- AYUSH: The traditional medicine sector, encompassing Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy, is advocating for stronger research funding and integration into mainstream healthcare to promote holistic wellness.
- Genomics: With advancements in personalized medicine, the genomics field requires substantial investment in research and infrastructure to leverage genetic data for better disease prevention and treatment.
Overall, the healthcare sector's expectations from Union Budget 2026 revolve around creating a more resilient and accessible healthcare system through strategic funding and supportive policies.
