Post Budget Reaction – Cytecare Hospitals CEO, Suresh Ramu

New Delhi, February 04, 2017: “We congratulate the government on presenting a successful Budget for 2017. The healthcare industry had a lot of expectations from the budget announcements this year. While not a lot of focus was given to the private healthcare sector, we feel that reducing costs of life-saving drugs will help hospitals make cancer treatment more affordable and cost-effective for the total life cycle of the patient treatment. This, in turn, will reduce total cost for patients to access quality healthcare.

While the government has mentioned increasing access to healthcare for rural India, we hope that they will also focus on setting up specialty hospitals in villages. This will help the rural population to prevent late detection and promote easy treatments of diseases like cancer. 5000 additional Post Graduate seats per year will improve the availability of specialist doctors in the country.The 5% reduction in tax for small and medium enterprises will decrease some tax burden on players who are just establishing their business. “