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Budget News

  • Healthcare Likely To Get Top Priority For Budget
  • February 01,2021  09:26
  • The healthcare sector is likely to get by far the maximum attention of the government in the Finance Minister, Nirmala Sitharaman's Budget for 2021-22, an ASSOCHAM-Primus Partners' survey has noted. In a survey covering more than 550 participants, 39.7% respondents said healthcare would get the highest priority in resource allocation and policy support, in the face of the country braving the once-in-a-century global pandemic. Manufacturing emerged as the second most important sector, with 14.7% respondents expecting it to receive the Finance Minister's attention, followed by MSMEs (11.4%), real estate (10.7%) and infrastructure (9.6%). When it comes to aspirations of individual taxpayers, 79.3% respondents said they would like cut in personal income tax rates, especially in the wake of pressure on their earnings in the pandemic-hit economy.

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