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BUDGET
SPECIAL 03

Pharma industry wants
a cure after bitter budget
THE pharma industrys initial euphoria over the Budget has
turned into a big disappointment after it went through the fine
print, especially on issues related to research and development
(R&D) where a number of home grown companies have made a mark
on a global level.
Budget
lacks clarity on royalty tax: Analyst
THE budget has identified healthcare as one of the key planks and
announced a slew of measures for the same.
‘Quite
a positive budget!’
OF course, the fireworks were for the Indian
win over Pakistan. However, we must appreciate the FM, for he has,
obviously, done his homework.
‘Healthcare
industry has been provided the right impetus’
The Union Budget 2003 has been positive for the healthcare and pharma
industry. The finance minister has met the key expectations of the
health sciences segment.
Unique
in many ways
The Budget 2003-04 is unique in many ways for the health and pharmaceutical
sectors.
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