Categories: Budget

Union Budget 2019 reaction from Mr.Satish Reddy, Chairman, Dr. Reddy’s Laboratories ltd

 New Delhi, July 06, 2019: “The expectations from the Union Budget 2019 were that of a bold reformist budget, however, it turned out to be an incremental budget at best. The emphasis on start-ups and on the education sector is a good move. However, there was nothing to fuel growth in the healthcare and pharma sectors, which is disappointing. I was particularly keen on seeing a change in the weighted deduction for R&D which did not happen. A positive policy move of this kind would have spurred R&D and innovation in pharma and other sectors.”

Corporate Comm India(CCI Newswire)

 

The Pharma Times News Bureau

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