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Healthcare sector looks at innovation to improve access
Providing affordable health care is an urgent issue for a country where 800 million people have a daily income of less than Rs 20 per day, said Ms Kiran Mazumdar-Shaw, Chairperson, Biocon India.
Providing affordable health care is an urgent issue for a country where 800 million people have a daily income of less than Rs 20 per day, said Ms Kiran Mazumdar-Shaw, Chairperson, Biocon India .
Ms Shaw suggested that the Indian healthcare industry must look at developing low-cost diagnostics and innovate to improve healthcare delivery.
She was speaking during a panel discussion on 'Global Healthcare: Tapping into India's Centres of Excellence' at the India Economic Summit with other leaders of the healthcare sector.
Healthcare for poor
Mr Shivinder Mohan Singh, CEO and Managing Director, Fortis Healthcare , said that the private sector should not be expected to subsidise healthcare for the poor and pointed out that they were not receiving any tax benefits, and that the responsibility to facilitate healthcare for the poor lay with the Government.
"According to a study 40 per cent of those who get admitted in hospitals pay through debt," said Mr Singh.
Ms Shaw suggested that the Indian healthcare industry must look at developing low-cost diagnostics and innovate to improve healthcare delivery. 
