By Dr. M.I. Sahadulla National President, AHPI, and Chairman & Managing Director, KIMSHEALTH
Healthcare spending in India still remains significantly lower than in many developing nations. To build a healthier nation and position India as a global leader in healthcare innovation, the combined healthcare expenditure of the Government of India and State Governments must be substantially increased to at least 5% of GDP. We also request the introduction of targeted tax incentives to encourage investments in underserved regions, which will support the development of quality healthcare facilities in Tier 2 and Tier 3 cities.
There should be enhanced budgetary support for oncology research and care, early detection programs, and preventive health initiatives. Similarly, India’s growing elderly population also demands specialised attention, including long-term care and home-based support under the purview of health insurance, to ensure comprehensive and holistic coverage.
While strengthening the ‘Make in India’ initiative for medical devices, it is essential to implement stringent regulations to discourage the use of imported, refurbished medical equipment. Granting ‘Industry Status’ to the healthcare sector will enable easier access to financing and help make private healthcare more affordable for citizens.
The Government should also prioritize incentives to support the adoption of digital health solutions, including EMR systems, AI-driven healthcare innovations, and robust cybersecurity infrastructure. In addition, promoting Public-Private Partnerships, particularly in preventive health areas such as cancer screening and geriatric care, will accelerate nationwide health improvements.
The Government should further encourage sustainability-driven initiatives by offering incentives for solar energy systems, green building standards, and enhanced waste-management solutions.
