Archive · 31 Jan 2026
Union Budget 2026-27: Key Reforms Sought in Healthcare, Education, and GST
India's leaders in healthcare and education are hoping for big changes in the upcoming Union Budget 2026-27.
They want more money to be spent on making India a top spot for medical tourism and improving schools and universities.
They also want the government to focus on preventing and managing long-term diseases and making digital health information safe and secure.
Additionally, coaching institutes are asking for lower taxes to make education more affordable for parents.
The government is also expected to set a fiscal deficit target of around 4.2-4.3% of GDP for FY27 to support growth in infrastructure, manufacturing, and employment.
These changes could help make healthcare and education in India better and more affordable for everyone.
Healthcare leaders expect significant budget allocations to strengthen India's healthcare sector and promote medical tourism.
The pharmaceutical sector seeks enhanced tax credits for R&D and public-private research collaboration to address non-communicable diseases (NCDs).
Medical manufacturing requires stricter regulatory control and financial support for domestic manufacturers.
Digital health is emphasized, with calls for funding in healthcare IT cybersecurity and support for AI-led diagnostics.
Coaching institutes advocate for a reduced GST rate and higher exemption thresholds to lower education costs for parents.
Education leaders call for a shift from incremental funding to outcome-driven investment in schools and universities.
Shriram Wealth expects the fiscal deficit to be around 4.2-4.3% of GDP for FY27, with a focus on growth in infrastructure, manufacturing, and employment.
- Who
- Healthcare and education leaders, Coaching Federation of India (CFI), Shriram Wealth
- What
- Key reforms and budget allocations for healthcare, education, GST on coaching services, and fiscal deficit target for FY27
- When
- Upcoming Union Budget 2026-27
- Where
- India
- Why
- To strengthen healthcare infrastructure, promote medical tourism, improve education outcomes, reduce GST burden on coaching, and set fiscal deficit target for growth
Healthcare and Education Sectors
Coaching Institutes and Fiscal Deficit
Budget Allocation
Healthcare and Education Sectors
Healthcare and education leaders seek significant budget allocations to strengthen infrastructure, promote medical tourism, and improve learning outcomes.
Coaching Institutes and Fiscal Deficit
Coaching institutes advocate for a reduced GST rate and higher exemption thresholds to lower education costs for parents.
GST on Coaching Services
Healthcare and Education Sectors
Not directly addressed in healthcare and education sector expectations.
Coaching Institutes and Fiscal Deficit
Coaching Federation of India (CFI) proposes reducing GST on coaching services to 5% or NIL and raising the exemption threshold to Rs 1 crore.
Fiscal Deficit
Healthcare and Education Sectors
Healthcare and education sectors focus on sector-specific reforms and funding.
Coaching Institutes and Fiscal Deficit
Shriram Wealth expects the fiscal deficit to be around 4.2-4.3% of GDP for FY27, with a focus on growth in infrastructure, manufacturing, and employment.
- Budget Allocation (2025)
- Rs 99,858 crore
- Foreign Medical Tourists (2025)
- 1,31,856
- Percentage of Total Tourists
- 4.1%
- NCD Deaths in Southeast Asia
- 62%
- Annual NCD Deaths
- 9 million
- Key Sectors Highlighted
- Medical Tourism, Pharmaceuticals, Medical Manufacturing, Digital Health, Coaching, Education, Fiscal Deficit
- Proposed Measures
- Dedicated budget allocation, tax credits, regulatory reforms, cybersecurity funding, subsidies for digital transformation, GST relief, higher exemption thresholds, fiscal deficit target
- Fiscal Deficit Target (FY27)
- 4.2-4.3% of GDP
Sources
Healthcare And Pharmaceutical Wishlist For Union Budget 2026: Industry Insiders Seek Key Reforms
Education Budget 2026 Expectations: From spending more to spending smarter
Fiscal deficit target for FY27 may be 4.2-4.3%; no big tweaks in HNI portfolios ahead of Budget: Shriram Wealth MD, CEO
Survey draws path to reduce structural uncertainty in PPPs
‘Coaching not a luxury’. Why coaching institutes are seeking a lower GST rate from FM
Union Budget 2026: Why primary healthcare deserves more funds
Will Taxpayers Get ₹1 Lakh Standard Deduction In Budget 2026? ICAI, SBI Push Tax Relief
Mumbai News: Ahead Of Budget, Civil Society Urges Govt To Double Health Spending
