Pharma and Biotech Sectors’ Due in Budget

Jaitley Caught in Defence-Finance Crossfire
  • The Indian pharma industry is today recognised as the ‘Pharmacy to the World’.
  • It caters to nearly 30 per cent of the demand for generics drugs worldwide.
  • Experts in the field feel that the proposed removal of tax breaks should not be carried out.
  • It is suggested that Mr. Jaitley could raise the budgetary allocation for pharma and healthcare such that public health spending in India is