New Delhi: On Sunday, while announcing the Union Budget 2026-2027, Finance Minister Nirmala Sitharaman signaled renewed support for India’s medical tourism sector, one that has been gaining traction as India’s healthcare services started to gain global recognition. By enabling an environment that simplifies the procedures, policymakers hope to attract more international patients and build India’s identity as a preferred spot for treatment. Analysts stress that improved and easier access to hospitals in collaboration with the private sector could bolster India’s appeal to foreign patients, thereby boosting India’s healthcare sector.
Also, while talking about ancient Indian medicine—Ayurveda—FM Sitharaman proposed the launch of three new All India Institutes of Ayurveda.
“I propose to set up three new All India Institutes of Ayurveda; upgrade Ayush pharmacies and drug testing labs, and make available more skilled persons; and upgrade the WHO Global Traditional Medicine Centre in Jamnagar,” said Sitharaman.
An upgrade for existing allied health professionals
FM Sitharaman said that existing institutions for allied health professionals will undergo an upgrade. Furthermore, new AHP institutes will be set up in the private and public sectors. A strong care system will be created covering the allied and geriatric sectors.
Regional medical hubs
Sitharaman also proposed to launch a scheme supporting states in the setting up of five new regional medical hubs. These will offer Ayush centers, infrastructure for diagnostics, and post-care rehab centers. This will also create jobs for healthcare professionals.
Custom duty exemption
Offering a push to the medical sector, FM announced an exemption of basic customs duty on the import of 17 cancer drugs, and foods for treatment.