On March 11, the Ministry of Finance increased allocation - 0.008 per cent of the country's GDP - to the health services division to support an expansion of healthcare spending, Fitch Solutions Country Risk and Industry Research (a unit of Fitch Group) said.
The spotlight is now on the healthcare system.
Health insurance tax deduction should be enhanced to Rs 50000. Also service tax on health insurance should be removed.
The scheme of amalgamation of Sun Pharma Global Inc with Sun Pharmaceutical Industries has been "approved by the equity shareholders with requisite majority," Sun Pharma said in a filing to the BSE.
We have been growing twice as fast as the market. We have important products to offer to the Indian healthcare system. We are catching up to some degree in India, says Stefan Oschmann.
Despite rapid economic growth, India's healthcare system remains blighted by high rates of infant mortality and deaths in childbirth, malaria, tuberculosis and a growing problem with chronic diseases, experts said.