Views of Medicalwale on the Union Budget 2020

Mr. Obaid Abdul Aziz, Founder of Medicalwale.com on  the Union Budget 2020 for your perusal.

We applaud the interest of the government to work towards the betterment of the healthcare sector, but at the same time there is a need for more business-friendly policies to aid companies that are changing the way sector has been traditionally functioning in India. Today, you can order medicines at your doorstep get lab tests done at home, book appointments with doctors at your finger-tips. Despite initiatives and policies to make insurance available to masses, there is still a burden of out of pocket expenses on people. With the announcements made in the Union Budget 2020 to increase the budget allocated to the healthcare sector, we hope this financial year witnesses a sea change for companies that are using technology and digitizing the healthcare industry.   The announcement to seed fund early stage Indian startups, will enable mHealth platforms and online aggregators to do business with ease with right implementation of policies. There is an urgent need to give access to health and fitness facilities to Indians with transparency, accessibility and affordability.