💨 Abstract

Former Reserve Bank governor C Rangarajan has emphasized the need for Indian governments to increase healthcare spending to at least 2.8% of the GDP, as the current expenditure is less than 2%. He advocates for efficient fund utilization and the establishment of hospitals offering free services. He also suggests cross-subsidization principles to serve both the poor and affluent, as insurance-linked medical services are less relevant in India.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖