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Execution at grassroots key to unlocking India's growth, future
Business Standard
|February 02, 2025
As an entrepreneur, scientist, and agriculturist, I believe a successful grassroots-level implementation of this Budget is essential.
Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets.
Budget 2025 represents a crucial step towards empowering our youth, nurturing a sustainable startup ecosystem, and establishing India as a global leader in agriculture, medical tourism, and research.
The focus on promoting medical tourism under the "Heal in India" initiative is a noteworthy development to position the country as a global destination for medical care.
Moreover, the announcement to set up 200 daycare cancer centres in district hospitals is a welcome move. However, I believe this initiative could benefit from a public-private partnership (PPP) model, which would ensure efficient management and faster implementation and also maintain the quality standards.
Additionally, the exemption of basic customs duty on 36 lifesaving drugs is an important move that will make healthcare more affordable. While this will benefit MNC pharma companies, the government should have also looked at some reliefs for the domestic pharma players.
This story is from the February 02, 2025 edition of Business Standard.
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