FM Proposes to Reduce Customs Duty on Medical Equipments

Finance Minister Nirmala Sitharaman has proposed a reduction in customs duty on medical equipment in India. The goal is to make healthcare more affordable and accessible by lowering the costs of importing essential medical devices and equipment. This move aims to enhance the quality of healthcare services and reduce the financial burden on patients and healthcare institutions. The proposal also aligns with broader efforts to improve public health infrastructure and encourage domestic manufacturing of medical equipment.