💨 Abstract

Former Reserve Bank Governor C Rangarajan urged the government to increase India's healthcare expenditure, which currently stands at less than 2% of GDP. He emphasized the importance of efficient fund utilization before any increase. He suggested focusing on hospitals offering free services, cross-subsidization to serve both the poor and affluent, and noted that insurance-linked medical services in India may not be relevant.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖