Mumbai, Nov. 12 -- Union Minister of Commerce & Industry, Piyush Goyal, while addressing the 22nd CII Annual Health Summit in New Delhi, pointed out that India's healthcare sector has benefitted from the Government's continued focus on affordability-such as reducing GST on health and life insurance from 18 per cent to 0 per cent, and lowering duties on medical devices, cancer care drugs and several essential medicines to make treatments more accessible and affordable for citizens. Goyal said that the Government is open to exploring further reductions in duties or cesses on essential medicines and medical products to ensure that more medicines are available at affordable prices.

Goyal added that all such collective efforts-by the Governme...