Budget 2013: Healthcare Sector Wish List

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Skilled human resource availability is critical to the growth of healthcare in India. (Reuters) Skilled human resource availability is critical to the growth of healthcare in India. (Reuters)
SummarySkilled human resource availability is critical to the growth of healthcare in India.

1. To address geographical access, extension in tax holiday should be increased from current five years period to ten years time frame for establishing healthcare facilities in non metros. It is also required to provide relaxation in minimum bed capacity from 100 to 50 beds to enhance outreach of other healthcare formats such as diagnostics, day care surgery centres & clinics etc

2. Skilled human resource availability is critical to the growth of healthcare in India. 2013 is expected to focus on additional budget allocation to the National skill development council which will help in training paramedical and ancillary staff.

3. Establishing Healthcare REIT (Real Estate Investment Trust) to mitigate high real estate cost & ensuring gains exemptions for assets transferred to the Real Estate Company

4. Enhancing the limit of deduction towards payment of medical insurance premium from existing INR 15,000 to INR 50,000 for self and family and the current annual limit of Rs 20,000 for dependent parents also needs to be enhanced to Rs 50,000.

(By Dr Rana Mehta, Leader Healthcare, PwC India)

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