Monday, March 23, 2026
ADVT 
India

Budget 2026: Experts urge public spending boost, GST relief on lifesaving equipment, vaccines

Darpan News Desk The Canadian Press, 23 Jan, 2026 12:25 PM
  • Budget 2026: Experts urge public spending boost, GST relief on lifesaving equipment, vaccines

Ahead of the Union Budget 2026-27, industry experts on Thursday urged the government to boost the health spending, and grant GST exemption on lifesaving equipment and vaccines, especially for thalassemia and cancer patients. 

The Union Budget will be presented by the Finance Minister Nirmala Sitharaman on February 1 at 11 am.

Citing the rising burden of non‑communicable diseases and cancers in the country, the expert urged the government to invest more deeply in public health infrastructure, prevention, and technology‑enabled care.

Currently, they stated that the public health expenditure continues to remain well below the National Health Policy target of 2.5 per cent of GDP, and lags benchmarks seen in comparable developing economies.

Jyotsna Govil, chairperson of the Indian Cancer Society, Delhi Branch, told IANS that preventable and treatable cancers continue to claim lives due to late detection and unequal access.

“India must raise public health spending to 2.5-5 per cent of GDP and invest in population-based screening, universal HPV vaccination, district-level cancer centres, affordable access to new therapies, and expanded Ayushman Bharat coverage,” Govil said.

“GST exemptions on lifesaving equipment, consumables and vaccines, responsible regulation of FDI, and sustained investment in awareness and prevention are essential to reduce suffering, control costs, and build a cancer-resilient India,” the expert added.

Deepak Chopra, from the Thalassemia Patients Advocacy Group (TPAG), urged the Centre to make lifelong care affordable for thalassemia patients by reducing duties and promoting related generic medicines production in India.

“At present, customs duty is charged at 32 per cent and GST at 12 per cent on infusion pumps. Chelation medicines have GST of 5 per cent, and essential medical equipment such as bedside filters are also taxed at 5 per cent GST,” Chopra told IANS.

“Since these medicines and equipment are life-saving and indispensable for thalassemia patients, we strongly request that customs duty and GST on these items be completely removed to reduce the financial burden on patients and their families," he added.

Tax-funded universal health care with a basic health package for all citizens can significantly improve the health sector in the country, Dr Vinay Aggarwal, former National President, Indian Medical Association, told IANS.

“Increase public health allocation to 2.5-5 per cent of GDP, strengthening government hospitals and human resources. Reform PMJAY to include outpatient care, realistic package rates, DBT, copayments, and timely reimbursements, support small and medium hospitals through infrastructure financing, subsidies, and credit guarantees. Provide GST exemption on lifesaving equipment, consumables, and all vaccines,” Aggarwal said.

He also stressed the need to regulate FDI in healthcare, ensure data protection, promote innovation, and establish a National Healthcare Fund.

Pavan Choudary, Chairman, Medical Technology Association of India (MTaI), recommended expanding insurance to include more effective procedures that will strengthen patient outcomes and encourage responsible medical innovation.

Rajiv Nath, Forum Coordinator, Association of Indian Medical Devices (AiMeD), urged the government to raise tariffs to 10-15 per cent from the current 7.5 per cent to support domestic manufacturing, and incentivise suppliers with over 50 per cent local value addition.

Picture Courtesy: IANS

MORE India ARTICLES

SC issues notice on plea seeking directions to raise awareness of anti-rape laws

SC issues notice on plea seeking directions to raise awareness of  anti-rape laws
The Supreme Court on Friday issued notice on a plea seeking directions to raise awareness of the stringent provisions providing punishment for sexual offences, particularly rape, to prevent the commission of such heinous offences. A bench, headed by CJI D.Y. Chandrachud, sought the response of the Centre, the Ministry of Education, the Ministry of Information and Broadcasting, and the Central Bureau Of Film Certification (CBFC) in the matter.

SC issues notice on plea seeking directions to raise awareness of anti-rape laws

Two soldiers killed, two injured in Kishtwar encounter

Two soldiers killed, two injured in Kishtwar encounter
Two soldiers were killed while two others were injured on Friday in an encounter between the security forces and the terrorists in J&K’s Kishtwar district. Officials said two army soldiers identified as Naib Subedar, Vipan Kumar and Sepoy Arvind Singh were killed while two other army soldiers were injured in an encounter in Chatroo village of Kishtwar district.

Two soldiers killed, two injured in Kishtwar encounter

PM Modi, HM Shah head star-studded BJP campaigners' list for Haryana polls

PM Modi, HM Shah head star-studded BJP campaigners' list for Haryana polls
The BJP announced its list of 90 candidates for the Haryana polls in three parts, the last of which was issued on Wednesday night with Thursday being the last date for submission of nominations.

PM Modi, HM Shah head star-studded BJP campaigners' list for Haryana polls

Two killed, 22 policemen injured in Assam eviction clashes

Two killed, 22 policemen injured in Assam eviction clashes
The eviction drive turned violent as clashes broke out between the police and the residents when the police attempted to remove “unlawful” colonies on a 100-bigha tract of land that housed about 150 people, resulting in the deaths of two inhabitants and injury to several others.

Two killed, 22 policemen injured in Assam eviction clashes

Sitaram Yechury, a stalwart of Left politics in India

Sitaram Yechury, a stalwart of Left politics in India
CPI-M General Secretary Sitaram Yechury, who passed away at the All India Institute of Medical Sciences in New Delhi on Thursday, was a stalwart of the Left politics in India, and also known for his personal relations with political adversaries. Survived by his wife and journalist Seema Chishti, a son, and a daughter, he was 72.

Sitaram Yechury, a stalwart of Left politics in India

$8 bn market opportunity awaits India’s social enterprises by next year: Hardeep Puri

$8 bn market opportunity awaits India’s social enterprises by next year: Hardeep Puri
India’s social enterprises are witnessing rapid growth and the market opportunity and potential for them is estimated to be $8 billion by next year, Union Petroleum and Natural Gas Minister, Hardeep Singh Puri, has said. The minister emphasized that social enterprises have always been a vital part of the Indian life, significantly impacting sectors such as agriculture, health, and education.

$8 bn market opportunity awaits India’s social enterprises by next year: Hardeep Puri