Healthcare likely to get top priority in Budget

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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