‘Nothing major was announced with respect to the pharmaceutical industry’ – Dr Habil Khorakiwala

I feel the government has done a commendable job with the Union budget considering that it been in office barely for six weeks.

Even though the Finance Minister has not had too much time to develop the budget, he has managed to lay out a directional road map for achieving a higher rate of growth, reigning in inflation and curbing the fiscal deficit to a reasonable level over the next few years.

While, the Finance Minister announced some key measures to enhance governmental participation in healthcare over the next few years, nothing major was announced with respect to the pharmaceutical industry, which is a little disappointing.

– Dr Habil Khorakiwala, Founder Chairman and Group CEO, Wockhardt