Friday, January 21, 2022

Pre Budget Expectation Quotes From Indian 'C' Level Officers Ahead Of The Union Budget 2022

Mr. Sushanth Pai, Chief Financial Officer, stated that, “Some sectors such as travel and hospitality have been heavily impacted due to the current situation. The budget should focus on support to revive such sectors. A study of all the policy reforms needs to undertaken with greater intensity to see how they can be implemented effectively and with speed, so that the basic ecosystem of well-being can be boosted.”

Pre budget expectation quote from TenderCuts ahead of the Union Budget 2022

Nishanth Chandran, Founder & CEO, TenderCuts stated that, “The $ 40 billion meat industry is growing at a rapid pace with the introduction of several schemes by the Central government aiding the livestock sector in 2021. The Government assistance in providing cold storage facilities through credit linked back-ended subsidies available at the rate of 35% of the project cost in general areas and 50% in hilly and scheduled areas has paved way for entrepreneurship. To continue with the momentum, the government should also work towards attracting investments offering more subsidies on electricity tariffs to develop perishable logistics infrastructure, which is another route that can be explored.”

pre-budget Quote for 2022 from Mr. Rakesh Jain, CEO, Reliance General Insurance Co. Ltd. 

“For the Union Budget 2022, the Government should consider bringing healthcare facilities, such as diagnostic centers, specialty hospitals, wellness facilities, under the “Infrastructure” category. This will bring in funding from large institutions, including insurance companies that seek and have regulatory obligation of investments in “Infrastructure assets”. The insurance and healthcare sector need to evolve together to boost access to quality and affordable healthcare to the masses.”

Attributed to Dr. Alok Khullar, CEO, Gleneagles Global Health City  

“The outbreak of Covid-19 has taught the healthcare sector some important lessons. The healthcare sector has and will continue to play a crucial role in saving lives, treating other ailments while tackling the pandemic. With the disruption caused to the healthcare sector during this period, we urge the government to give adequate importance to the healthcare sector in the upcoming Union Budget 2022 by considering –  

Special schemes that should be provided for formal training of doctors and nurses to enhance skills and bandwidth to offer care to a larger population which will help strengthen the quality of healthcare resources in the longer run 

Building capacity for Intensive Care by enhancing skills of nurses and by providing better equipment and infrastructure 

Significance to be given to Appropriate Screening for Non-Communicable Diseases to ensure timely diagnosis and treatment which will help in reduction of hospitalisation in the last minute 

Upgrading infrastructure at Primary Health Care level for early Outpatient treatment thus reducing Hospitalization time and cost 

Benefits to be given to manufacturers of Healthcare equipment & consumables under the ‘Make in India’ campaign for high quality products and healthcare equipment to be manufactured at reasonable costs 

Healthcare organisations must be given access to working capital and preferential funding to ensure that the overall cost of operations is reduced 

Healthcare sector needs to be considered as a priority and an essential service. Various subsidies and benefits should be given on land rates and other necessities such as electricity, as it will pave for accessible and affordable healthcare with better infrastructure and high quality treatment improving access to care and better patient outcomes.” 

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