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Healthcare sector is indifferent

July 12, 2014 09:52 IST

PharmaBudget Provisions:

Budget Suggestions:

All expenditure related to research should be made eligible for weighted deduction - Not fulfilled

The life saving drugs should be exempted from custom duty - Not fulfilled

Scrips to Watch:

Cipla,Aurobindo Pharma

Outlook:

TheUnion budget 2014-15 was neutral to the Pharmaceuticals sector. There are no announcements on the sector. However, it laid the foundation for the education on the Healthcare by setting up 5 more AIIMS and 12new government medical colleges. Also, some sops are provided for the diagnosis and testing side.

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