According to sources Union Budget 2018- 19 will be Narendra Modi government's fifth and last full fledged budget presentation before the 2019 Lok Sabha polls. While the budget session of parliament will begin from January 29, the Union Budget will be presented on February 1 around noon. Sources have stated that this year's budget session is crucial as it comes after the Modi government made two very big financial decisions in the last couple of years Demonetization and implementation of the Goods and Services Tax (GST).
Presently the health care Industry is anticipating a better role for private sector in the country's health system, a boost to the Public and private Partnership (PPP) will also help, industry leaders say. Further structured tax benefits, high investment in the diagnostics sector, better budget allocation for primary health centers are some of the demands from the health industry.
Sources have stated that to give a boost to
domestic manufacturing and its 'Make In India' program, and the government
is anticipated to increase import duty on certain items related to power,
capital goods and chemicals sectors.
