After 17 days of Budget 2018 announced; still it is a buzzing topic in India and numerous advice and predictions are being given to investors and businessmen regarding where to spend money and in which sectors businessmen can gain profit. Healthcare sector is one of them.

In the budget, there is an announcement of setting-up 24 new government medical colleges & hospitals. Along with these; the government will upgrade the district hospitals in our country. We know very well that this is the last full budget of Modi-led government before the general election 2019 and this is also a test for the finance ministry.

National Health Coverage Scheme – a Changing Factor

With this scheme, more than 10 crore poor & underprivileged families, covering 40% of Indian populations and providing the coverage up to 5 lacs per year per family for the secondary & tertiary hospitalization. This means those patients who aren’t able to take treatment for major diseases like cancer and bypass surgeries before but, with this scheme; they can.

These above reasons are enough to judge that the companies included in healthcare sectors will get a boost in upcoming time and that will help investors to gain much profit too. So, it is advised that check the company profile before investing money in any stock.