Guest Post: What India's Budget holds for healthcare-focused global investors

India’s annual budget 2021-22 has been widely received with cheer and hope, at least for the most sections of the society and businesses. With an economy facing enormous headwinds thanks to COVID-19 and the broader slowdown even before the pandemic struck, the budget had to come out as one signaling a strong growth push and revival. And it did not disappoint on most counts. Given the limited fiscal room available to the government stemming from the COVID-19 management and other expenses, the extraordinary allocation to healthcare in the budget is even more noteworthy.