Ayushman Bharat, the flagship scheme of the Modi government is likely to remain a key focus in the government’s second term as well. It may propose to introduce and increase health budget to upgrade Ayushman Bharat or the Pradhan Mantri Jan Arogya Yojana. With the urgent need to add bed capacity for the nation, the deduction under section 35AD may be increased from 100% to 150% of capital expenditure incurred by institutions engaged in building and operating a hospital with at least 100 beds. These developments may be positive for the companies like Thyrocare,
Dr. LalPathlabs, Apollo Hospitals and Narayana Hrudayalaya.