{"id":689,"date":"2018-02-05T11:42:05","date_gmt":"2018-02-05T11:42:05","guid":{"rendered":"http:\/\/www.sathguru.com\/news\/?p=689"},"modified":"2022-08-12T09:39:46","modified_gmt":"2022-08-12T09:39:46","slug":"budget-expectations-by-ms-pushpa-vijayaraghavan-director-healthcare-lifesciences-advisory-sathguru-management-consultants","status":"publish","type":"post","link":"https:\/\/www.sathguru.com\/news\/2018\/02\/05\/budget-expectations-by-ms-pushpa-vijayaraghavan-director-healthcare-lifesciences-advisory-sathguru-management-consultants\/","title":{"rendered":"Budget Expectations by Ms. Pushpa Vijayaraghavan, Director \u2013 Healthcare &#038; Lifesciences advisory, Sathguru Management Consultants"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]New Delhi, February 01, 2018: Two changes will be critical for the pharma and biotech segments \u2013<\/p>\n<figure id=\"attachment_105\" aria-describedby=\"caption-attachment-105\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-105\" src=\"http:\/\/www.sathguru.com\/news\/wp-content\/uploads\/2017\/04\/Pushpa-Vijayaraghavan.png\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.sathguru.com\/news\/wp-content\/uploads\/2017\/04\/Pushpa-Vijayaraghavan.png 150w, https:\/\/www.sathguru.com\/news\/wp-content\/uploads\/2017\/04\/Pushpa-Vijayaraghavan-100x100.png 100w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-105\" class=\"wp-caption-text\">Pushpa Vijayaraghavan<br \/>Director<\/figcaption><\/figure>\n<p>Innovation incentives \u2013 Fiscal incentives promoting R&amp;D have gone down with the last budget in India while they have been continuously strengthened in other countries. As an industry in transition from a pure paly generics stronghold to being more innovation led, it is critical that the Budget offers fiscal incentives for not only in-house R&amp;D but also technology acquired from external sources, whether domestic or international.<\/p>\n<p>Import duty structure that considers need to reduce dependence on Chinese API and provide a level-playing field to domestic API manufacturers \u2013 we have a dire situation where the country has negligible level of domestic production in the case of critical antibiotic API and at the other end, several small to medium API companies face the risk of insolvency. There has been an unsustainable business environment in API with unfair price manipulation by Chinese API companies. To ensure access to API is not a threat as a country and Make-in-India is not an elusive dream for API, it is important that we respond with fiscal and trade regulation changes that protect domestic companies from such unfair trade practices.<\/p>\n<p>Source: <a href=\"http:\/\/thepharmatimes.in\/pre-budget-expectations-ms-pushpa-vijayaraghavan-director-healthcare-lifesciences-advisory-sathguru-management-consultants\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Pharma Times<\/a><br \/>\n<a href=\"http:\/\/businessnewsthisweek.com\/business\/budget-2018-industry-comments\/\" target=\"_blank\" rel=\"noopener noreferrer\">Business News This Week<\/a><br \/>\n<a href=\"https:\/\/ebusinessgroup.in\/2018\/02\/03\/union-budget-2018-mixed-reactions-from-industry-honchos\/\" target=\"_blank\" rel=\"noopener noreferrer\">E-Business Group<\/a><br \/>\n<a href=\"https:\/\/www.cityairnews.com\/content\/fm-arun-jaitley-presents-general-budget-2018-19-parliament\" target=\"_blank\" rel=\"noopener noreferrer\">City Air News<\/a>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]New Delhi, February 01, 2018: Two changes will be critical for the pharma and biotech segments \u2013 Innovation incentives \u2013 Fiscal incentives promoting R&amp;D have gone down with the last budget in India while they have been continuously strengthened in other countries. As an industry in transition from a pure paly generics stronghold to being [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Budget Expectations by Ms. Pushpa Vijayaraghavan, Director \u2013 Healthcare &amp; Lifesciences advisory, Sathguru Management Consultants<\/title>\n<meta name=\"description\" content=\"As an industry in transition from a pure paly generics stronghold to being more innovation led, it is critical that\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sathguru.com\/news\/2018\/02\/05\/budget-expectations-by-ms-pushpa-vijayaraghavan-director-healthcare-lifesciences-advisory-sathguru-management-consultants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget Expectations by Ms. Pushpa Vijayaraghavan, Director \u2013 Healthcare &amp; 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