State of India’s Health Sector - The Hindu - 30/11/22
Recently, Fifteenth Finance Commission chairperson N.K. Singh addressed the Confederation of Indian Industry (CII)’s 19th Health Summit 2022 and highlighted various issues in the sector.
The CII works to create and sustain an environment conducive to the development of India, partnering industry, Government, and civil society, through advisory and consultative processes.
GS2 - Health GS3 - Planning
-Inclusion of Health in the Concurrent List
-Increasing Public Outlays
-Inter-State Variations on Health Spending
-Development Financial Institution
Healthcare Sector in India:-
-The healthcare industry comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment.
-India’s healthcare delivery system is categorised into two major components - public and private.
The government (public healthcare system) comprises limited secondary and tertiary care institutions in key cities and focuses on providing basic healthcare facilities in the form of Primary Healthcare Centres (PHCs) in rural areas.
Potential of the Indian Health Sector:
-India is cost competitive compared to its peers in Asia and western countries.
-3rd largest start-up pool globally with easy access to VC (Venture Capital Fund)
-India will have about 50 clusters for faster clinical testing of medical devices