Medindia

X

Govt Spending on Healthcare in India Should be Raised to at Least 4% of the Nationís GDP

by Savitha C Muppala on  September 5, 2012 at 7:49 AM Indian Health News   - G J E 4
Government expenditure on healthcare in India should be increased to at least 4% of the nation's gross domestic product (GDP) in order to meet the basic requirements of healthcare, a study by consultant Ernst & Young has revealed.
 Govt Spending on Healthcare in India Should be Raised to at Least 4% of the Nationís GDP
Govt Spending on Healthcare in India Should be Raised to at Least 4% of the Nationís GDP
Advertisement

The current expenditure on healthcare in India is just 1% of the GDP.

Advertisement
Eighty-percent of urban households and 90% of rural households are unable to manage the cost of in-patient treatment which is close to 50% of their annual household expenditure, and this is a big strain on their financial capacity.

The extent of money spent on healthcare in a country is a parameter of the social and economic progress of the nation and is one key reason for the population sinking into economic difficulties.



Source: Medindia
Advertisement

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
Notify me when reply is posted I agree to the terms and conditions

You May Also Like

Advertisement
View All