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  • Budget reaction quote from Dr. Prasanna Deshpande, Deputy Managing Director – Indian Immunologicals Limited

    Published on July 5, 2019

    Dr. Prasanna Deshpande ,Deputy Managing Director

    Indian Immunologicals Limited (a leading biological company)

    “This Budget included many development reforms for the Indian economy including developing skills resulting into creation of employment. Though there were no new announcements in this budget specific to healthcare and biotech/life sciences, however in the interim budget earlier this year, already an allocation of INR 61,398 crore was announced for the health sector for the 2019-2020 fiscal which was a 16% increase in the last year’s allocation. This showcases that healthcare has a strong focus from the government. Under Swachh Bharat Abhiyan, the construction of toilets making more than 5.6 lakh villages Open Defecation Free (ODF) will also play a role in reducing many food and water-borne diseases getting spread.”