Tuesday, March 24, 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

India has the potential to host Olympics and we are working toward it: Randhir Singh

India has the potential to host Olympics and we are working toward it: Randhir Singh
Singh also underscored the significant role Asia has played in the global sports arena. He began by celebrating the continent's recent accomplishments, noting the historic feat of hosting both the Tokyo Summer Games and the Beijing Winter Games within a single year.

India has the potential to host Olympics and we are working toward it: Randhir Singh

India set to be world’s 3rd-largest economy by decade’s end: Gautam Adani

India set to be world’s 3rd-largest economy by decade’s end: Gautam Adani
The World Bank has also revised India’s growth outlook from the previous forecast of 6.6 per cent to 7 per cent in the current fiscal. What makes India's growth even more certain and exciting is the tremendous momentum driven by the digital transformation.

India set to be world’s 3rd-largest economy by decade’s end: Gautam Adani

Govt mulling to wave off farm loans, Punjab CM assures protesting farmers

Govt mulling to wave off farm loans, Punjab CM assures protesting farmers
At a meeting with a delegation of the BKU (Ugrahan) and the Punjab Khet Mazdoor Union, whose members have been camping here for the past five days over their demands, the Chief Minister said the draft of the Punjab Agriculture Policy is ready but will be finalised only after due deliberations with food growers. He said the draft will be shared with the farmers by September 30 and their suggestions will be sought on the policy.

Govt mulling to wave off farm loans, Punjab CM assures protesting farmers

PM Modi, Amit Shah among 40 BJP star campaigners for 2nd phase of J&K polls

PM Modi, Amit Shah among 40 BJP star campaigners for 2nd phase of J&K polls
Several BJP heavyweights such as Union Ministers Rajnath Singh, Nitin Gadkari, Manohar Lal Khattar, G. Kishan Reddy, Jitendra Singh, and Shivraj Singh Chouhan were also named in the list issued by party General Secretary Arun Singh. Two sitting Chief Ministers -- Yogi Adityanath (Uttar Pradesh) and Bhajanlal Sharma (Rajasthan) -- also feature in the list of star campaigners.

PM Modi, Amit Shah among 40 BJP star campaigners for 2nd phase of J&K polls

Train services on Vijayawada-Hyderabad route set to be restored

Train services on Vijayawada-Hyderabad route set to be restored
After the restoration of one of the tracks damaged in floods, the South Central Railway (SCR) operated the Sanghamitra Express without passengers towards Hyderabad as a trial run. The officials said they would later allow the Guntur-Secunderabad Golconda Express on the restored track on the Kazipet-Vijayawada trunk route.

Train services on Vijayawada-Hyderabad route set to be restored

PM Modi arrives in Singapore, receives warm welcome from Indian diaspora

PM Modi arrives in Singapore, receives warm welcome from Indian diaspora
Prime Minister Narendra Modi arrived in Singapore Wednesday afternoon, marking the second leg of his two-nation visit after a historic trip to Brunei. His visit to Singapore is at the invitation of Prime Minister Lawrence Wong. Upon his arrival, PM Modi was warmly welcomed by members of the Indian diaspora with traditional Maharashtrian dance and drums at the airport.

PM Modi arrives in Singapore, receives warm welcome from Indian diaspora