Abhishek Aggrawal, CEO, Birla Fertility and IVF.
Credit: LinkedIn
Union Finance MInister Nirmala Sitharaman is set to present the Union Budget on February 1 in the Lok Sabha. The Economic Survey by the Finance Ministry will be released on January 31.
In this context, several industry leaders have opened up about their expectations from the Budget.
Mr. Abhishek Aggrawal, Chief Executive Officer, Birla Fertility and IVF said regarding the healthcare sector, "Over the last few years, there has been an increased commitment from the Indian government towards healthcare through initiatives like Ayushman Bharat, Pradhan Mantri Suraksha Bima Yojana, Mission Parivar Vikas, and Pradhan Mantri Surakshit Matritva Abhiyan. While these initiatives have significantly advanced many areas of healthcare, the fertility space requires a higher impetus. Fertility treatments such as IVF are still not covered under Ayushman Bharat or other key health schemes, limiting accessibility for many who need it."
Regarding his expectations from the upcoming Budget, Aggrawal said, "As we await Budget 2025, it is crucial for the government to focus on further enhancing the inclusivity of the healthcare system, particularly for fertility-related treatments. We recommend the inclusion of fertility treatments under the Ayushman Bharat scheme to improve access for economically disadvantaged groups. Additionally, the government should consider tax incentives for fertility treatments and extend their coverage in health insurance policies. We also propose the establishment of a nation."
Union Budget 2025 | Nirmala Sitharaman, who continues to be Finance Minister, will present her record 8th Union Budget this time. While inflation has burnt a hole in the pockets of 'aam janata', reports suggest there might be a tax relief for those making up to Rs 15 lakh per year. Track the latest coverage, live news, in-depth opinions, and analysis only on Deccan Herald. Also follow us on WhatsApp, LinkedIn, X, Facebook, YouTube, and Instagram.