Business Today

Healthcare, Heal Thyself

put the focus squarely on the healthcare sector. “If there is one clear message, it is the spotlight on healthcare. India’s per capita public expenditure on health is just $83, compared to $500 in China and $9,400 in the US. We need to increase it to at least $200-300 per capita,” says B.S. Ajaikumar, Chairman and CEO, HealthCare Global, a chain of cancer hospitals. The numbers are after accounting for purchasing power parity or PPP. In absolute terms also, it is a low $25 per capita, or ₹1,765. The government spends just about 1.09 per cent of GDP on public health. The National Health Policy aims to increase it to 2.5 per cent of

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