Budget 2024: Sahajanand CEO seeks strong impetus to HealthTech

New Delhi: Sharing his wish list for the upcoming Budget 2024, Ganesh P Sabat, CEO, Sahajanand Medical Technologies Limited has urged the union government to take concrete steps for boosting the morale of healthcare and medical technology sectors.

Voicing his expectations, Sabat opined: “With an anticipated robust economic growth that India is witnessing and a focus on healthcare transition as elucidated by the finance minister during the interim Budget 2024, from the medical devices industry we urge the Government to continue its focus on accelerating MedTech infrastructure, R&D, skill development, and sustainability along with higher allocation to healthcare spend that will give a strong impetus to HealthTech.”

Sabat hopes for a substantial increase in the overall health budget to at least 3% of GDP to address existing gaps.

“That will ensure strengthening of the proposed Ayushman Bharat scheme expansion, timely payouts to hospitals & industry so that patients are not devoid of innovative & latest state-of-the-art MedTech devices, bringing to reality not only the ‘AtmanirbharBharat’ clarion call but also the “availability, accessibility & affordability” vision of Prime Minister Modi as we move towards a ViksitBharat,” adds Sabat.