Ziqitza - Budget 2021 Healthcare Industry welcomes the increased budget allocation
                        Ziqitza - Budget 2021: Healthcare Industry 
welcomes the increased budget allocation
Due to the coronavirus pandemic, the sector which is the 
biggest talking point this year is healthcare. The pandemic 
completely exposed India’s underfunded healthcare 
system. Critical patients all over the country were struggling 
to get ICU beds. Some lost their lives as the ambulances 
catering to the public of the state were less, while some 
died outside the hospitals waiting to get admitted. The 
pandemic exposed fundamental problems plaguing the 
Indian healthcare system, be it infrastructure, manpower, 
etc.  Here’s the healthcare industry welcomed the 
government’s increased allocation for the healthcare sector 
and said that the move will provide access to medical care 
for all in the country, 
Budget presented by FM NirmalaSitharaman rolls out a 2.46 
lakh crore healthcare budget for “rebuilding India that's a 
137 % spike from last year's allocation under 
AatmanirbharSwasth Bharat Yojana. The budget adopts a 
holistic approach towards healthcare much needed hike in 
healthcare will make our country health and safe budget has 
seen a phenomenal increase in outlay for the healthcare 
sector with a focus on addressing the key issues facing India 
today.
The government encouraging new developments paradigm 
with a heightened investment towards healthcare 
infrastructure. The requisite focus for a stronger public 
health system, along with appropriate support for 
sustenance as well as the expansion of private healthcare 
infrastructure.
In addition to the National Health Mission, with whom 
Ziqitza Healthcare works in association with to provide quality 
pre-medical care to the people of states. The government has 
increased the spends on primary, secondary and tertiary 
healthcare.
Amitabh Jaipuria, MD & CEO, Ziqitza Healthcare Ltd says 
budget 2021 is a Budget of hope towards realizing India’s 
growth aspirations, strengthening the healthcare system, 
Ziqitza is happy to know this year’s budget is pragmatic, 
positive, and committed to the healthcare sector which 
needed a deliberate boost post unprecedented virus 
outbreak last year. It is commendable that the government 
has put healthcare on the forefront, putting the focus on 
curative and preventive health and wellbeing. The 
proposals would make quality healthcare accessible and 
affordable, besides standardizing healthcare infrastructure 
across the country.
Ziqitza is currently operating Ambulances, Medical Helplines, 
Mobile Medical Units, and Corporate Wellness Solutions across 
Mumbai, Bihar, Kerala, West Bengal, Gujarat, Rajasthan, 
Karnataka, Punjab, Odisha, MP, and Jharkhand. Ziqitza Rajasthan 
has operated 108 ambulances in Rajasthan free for the public to 
ensure healthcare is accessible to all.
 Here are the budget 2021 highlights to make it easier for you.
A. Part A - Policy Statements
1. Health
2. Infra
3. Inclusive development
4. Human capital
5. Innovation and Research
6. Minimum Govt and max governance
Synopsis 
In the backdrop of the numerous challenges that the finance 
minister faced, the Union Budget presented by her on Feb 01 is 
path-breaking to quite an extent. The FM continued on the 
Govt.’s prudent path avoiding populism.
The effort is clearly attempting to spur the economic growth on 
a faster path by upping spending on schemes/areas which have a 
multiplier effect. The Budget’s task was to push the long-term 
growth trajectory up. A virtuous spending cycle may be triggered 
by these provisions that could lift the rate of growth for the 
economy and businesses.  No material changes to direct or 
indirect tax rates or provisions are welcome from a taxpayer 
perspective who seeks stability in the tax regime.  Raising taxes 
to fund expenditure would have invalidated the expansionary 
effect of the spending. The deficit target of 6.8 per cent for 2021-
22 (way higher than most forecasts) and the target reduction of 
fiscal deficit to below 4.5 per cent only in 2025-26 is perhaps as 
bold as the expansionary fiscal policy can get. The previous 
target of 3% fiscal deficit (laid out in FRBM Act) now seems to 
have been abandoned. 
Healthcare / Pharma to the National Health Mission
   17000 rural and 11000 urban health and wellness centers will 
be set up. and create new institutions, to cater to detection and 
cure of new and emerging diseases. It will help pharma, 
healthcare & diagnostic companies. 
   The Budget outlay for Health and Wellbeing is pegged 
at Rs 2,23,846 crores as against Rs 94,452 crores with a 
sharp increase of 137% over the previous year. 
Expenditure on health and family welfare has been 
increased from Rs 65,012cr to Rs 71,269cr.
   A positive development for pharma and healthcare 
sector. Key beneficiaries from our coverage. HCG, Apollo 
Hospitals, Alkem Labs, Sun Pharma, Sanofi India Govt. has 
provided Rs 35000cr for Covid-19 vaccine in the budget 
and remain committed to providing further funds if 
required. Positive for Healthcare and logistics Sector