Tue Dec 05 2023

Healthcare's Integral Role in India's Economic Triumph

Healthcare's Integral Role in India's Economic Triumph


India's Q2 FY24 economic success, boasting a 7.6% GDP growth, underscores the pivotal role of the healthcare sector. Beyond employment generation and GDP elevation, responsible tax practices distinguish healthcare. Media overlooks positive contributions, hindering its recognition. Recent Home Ministry comments on medical professionals' protection raise concerns, yet global parallels exist. Additionally, medical tourism amplifies India's healthcare impact, attracting global patients. Dispelling the misconception that healthcare expenditure lacks nation-building value, it fosters human capital, social stability, and national security. Investing in healthcare ensures a healthier, more productive India, shaping a resilient economic future.

Dr Umesh Bilagi's Avatar

Dr Umesh Bilagi

Founder CEO of Nice HMS, reshaping healthcare management. MD DM in cardiology, with 2 private hospital launches and impactful government tenure. Fusing medical expertise and tech for superior care is my mission.

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