Part II of our exclusive interview with Amartya Sen, where he delves into India's economic growth, shedding light on often-overlooked metrics. His insights on education and healthcare are essential for understanding why living standards remain stagnant for many, despite the nation's rising GDP. Another important conversation you don’t want to miss. Follow us for more honest conversations about India: https://lnkd.in/e5f9sWyj #AmartyaSen #EconomicGrowth #Healthcare #Education
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How much does India spend on healthcare compared to the rest of the world? 🇺🇸 US - 16.6% 🇨🇦 Canada - 12.2% 🇬🇧 UK - 11.3% 🇮🇳 India - 2.1%🤯 With the size of our population, spending on healthcare is still low. This leads to: → Long waiting lists Median waiting time for a general consultation is ~30 minutes in Public hospitals. For specialized treatment - it can even take >3 hours! → Rising healthcare costs Over 7% of our country’s population slides into poverty every year just because of increasing healthcare costs. → Skewed reach More than 75% of healthcare infrastructure is concentrated in urban areas, despite housing only 27% of the population. Hence, infusion of funds into healthcare becomes of utmost importance. This video by Clix Capital caught my eye. It is a story about Dr. Faizal who wasn’t able to treat his patients well because he couldn’t get access to a CT Scan machine in the district. Clix Capital helped in financing the machine allowing hundreds of people of his hometown to get access to the latest medical care. This is just one example of how giving access to healthcare outside urban India can impact millions of lives. The Indian economy is in a phase of progression. And, in this phase - investing in our human capital i.e. healthcare and education will be crucial. I see a lot more spending coming into this space. And with that, a lot of opportunities. Agree? #india #healthcare #financing #HarJazbeKeLiye #Collab
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India's economic landscape is on a trajectory to reach new heights, potentially securing the position of the third-largest economy by 2027. This growth is underpinned by strong GDP performance. However, amidst this progress, the nation grapples with substantial healthcare challenges, particularly concerning malnutrition and anaemia in rural areas. According to the Global Hunger Index 2023, India currently holds the 111th spot out of 125 countries. To progress towards a healthier nation and realise the vision of a Viksit Bharat, leveraging technology becomes imperative. The government has already embarked on crucial steps, such as establishing ABHA to provide every citizen with a unique health identity and creating an interconnected medical records system. It is now our collective responsibility as individuals and organizations to further these initiatives and drive positive change in the healthcare sector. Let's come together to explore how technology can elevate our Health Index, enabling us to overcome existing healthcare challenges and propel India towards a healthier future. #HealthcareTechnology #ViksitBharat #HealthIndexImprovement
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Did you know that 75% of India’s rural and semi-rural population don’t have any access to modern healthcare facilities? 😵💫 This means that millions and millions of people struggle without proper treatment—either because there aren’t enough hospitals or because they simply can’t afford care. 😞 Its just sad how neglected this sector in India is! I mean the government has tried, but progress has been painfully slow! So how long do we wait? I strongly believe that capitalism is the answer for all economic problems particularly in this case cause India needs a healthcare revolution and it can be possible only through capitalism! Only if the private sector steps in with innovation, affordability, and better infrastructure, we might finally see real change!! In my recent reading, I came across some truly fascinating developments 🤯 What do you all think? Am I right? Is this it? Is a revolution on the way?
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India is on the brink of a demographic shift that will profoundly affect its societal, economic, and technological landscape. By 2050, over 300 million Indians will be above 60, constituting nearly 20% of the population. This transformation brings with it a myriad of challenges and opportunities. From evolving healthcare systems and financial preparedness to the integration of technology and the redefinition of elder care, India’s ageing population demands a comprehensive strategy. Read our blog to understand more:: https://lnkd.in/gXcZg4jZ
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India's Health Tapestry: Weaving Progress Amid Change (Marsha Singhal) India's healthcare landscape mirrors its vast population - diverse and dynamic. With 1.36 billion citizens, the nation faces unique challenges in health service delivery, standing at a critical juncture as demographic shifts reshape needs and priorities. A growing working-age population offers a potential demographic dividend, promising economic growth if supported by robust health systems. However, this opportunity comes with challenges, including strain on healthcare resources from a rising elderly population. India's health story is one of contrasts. Urban centers boast world-class hospitals, while rural areas often lack basic facilities. The country is also witnessing a transition from communicable diseases to lifestyle-related ailments. Socioeconomic factors significantly influence health outcomes, with caste, religion, and economic status affecting healthcare access. Education emerges as a powerful tool, with rising literacy rates positively impacting health awareness. India's geographical diversity presents unique challenges, from Himalayan peaks to coastal regions. Climate change adds complexity, affecting agriculture and nutrition. Amid these challenges, India embraces innovation. Digital health initiatives are bridging access gaps, accelerated by the COVID-19 pandemic. Looking ahead, India's ability to harness its demographic dividend while addressing diverse population needs will be crucial. This involves expanding infrastructure, focusing on preventive care, nutrition, and environmental health. India's health journey is about people, progress, and potential. By combining technological advancements, traditional knowledge, and targeted interventions, India can create a resilient, inclusive health system that could serve as a model for other developing nations. #IndianHealthcare #HealthInnovation #PublicHealth #DemographicDividend #VisitHealth
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India rises above roti, kapda aur makaan. Where is it headed? https://lnkd.in/dqXjWJh2 How the shift is moving towards to health and education and where this will leads to country?
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𝐈𝐧𝐝𝐢𝐚: 𝐔𝐧𝐢𝐭𝐲, 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲, 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 India's unity amidst diversity sets it apart. Unlike Europe with its many countries, India stands tall as a single, diverse nation. We don't need 35 prime ministers; we have one united government steering us forward. 👉India's single nationhood contrasts Europe's many countries. 👉One government streamlines decision-making, unlike Europe's multiple authorities. 👉India boasts world-class medical facilities, unlike Europe's long wait times for procedures. 👉Healthcare reaches even remote areas like Bihar and Odisha. 👉India's strength lies in unity, celebrating differences for a brighter future. How can you contribute to the collective journey towards a healthier and more united nation? Share your thoughts...! #india #strength #future #nation #government #unity #europe #healthcare #health #efficiency #kasturirealtors #whykasturi #linkedin #linkedinbusiness #bharat #kasturi
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1 Billion Indians are under 35 years old.... but 237 million Indians are diabetic or pre-diabetic... India's average age is 29 years and it is the youngest country, however 101 million in India have diabetes, and 136 million could be pre-diabetic..! that is a staggering 26.7% of the population or approximately the entire population of Mumbai, Delhi and Bengaluru combined - India's three largest cities by population. diabetes related issues and productivity losses are expected to cost India's economy more than $10 Billion annually. Arogya World is working to prevent non-communicable diseases (NCDs), through health education and lifestyle change. Nalini Saligram and team Arogya is on a mission to help Indians live a life without disease. learn more about Nalini and Arogya World on The INDUStry Show fun fact: 17.78% of the world's population now lives in India! #health #lifestyle #immigrant #entrepreneur #india American South Asian Network (ASAN)
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Gradual increase in India's population over the years: 1960: 445.9 million 1970: 557.5 million 1980: 696.8 million 1990: 870.4 million 2000: 1.06 billion 2010: 1.24 billion 2020: 1.39 billion 2023: 1.42 billion
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𝗜𝗻𝗱𝗶𝗮’𝘀 𝗛𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗥𝗼𝗹𝗲 𝗼𝗳 𝗣𝗠𝗝𝗔𝗬 As Indian Prime Minister Narendra Modi embarks on his third consecutive term, questions arise about the government’s commitment to delivering meaningful change specially to the underprivileged . Amidst the very own “𝙈𝙤𝙙𝙞 𝙠𝙞 𝙂𝙪𝙖𝙧𝙖𝙣𝙩𝙚𝙚” a promise of making India the third largest economy by 2029, a fairly realistic claim given India is not far behind both Germany & Japan. One critical area that still demands attention is healthcare. A recent McKinsey report highlights the stark reality: poor healthcare infrastructure costs India 15% of its GDP due to premature deaths and lost productivity among the working class. With a substantial working population, India’s healthcare expenditure stands at a mere 3% of GDP, predominantly from private sources. In comparison, Germany and Japan allocate approximately 13% and 12% of their GDP, respectively, to healthcare. Enter the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PMJAY), a game-changer for millions. PMJAY provides an annual coverage of ₹5 lakh per family for secondary and tertiary hospitalization. Remarkably, 50% of beneficiaries are women, and 80% hail from rural & underprivileged areas. However, PMJAY faces scrutiny on one key aspect. While it covers hospitalization costs, it overlooks non-hospitalization expenses—such as travel to remote medical facilities—which can burden the same underprivileged. For daily wage laborers (comprising 43% of India’s workforce), this dilemma becomes acute: health or livelihood? 𝗧𝗵𝗲 𝗥𝗼𝗮𝗱 𝗔𝗵𝗲𝗮𝗱 The interim budget (2024-25) promises to expand PMJAY coverage and enhance medical infrastructure. This commitment is pivotal. By bridging gaps, improving access, and prioritizing public spending (targeting 2.5% of GDP by 2025), PMJAY can look to empower the underprivileged and mitigate health risks. Hoping for a healthier India—one where healthcare isn’t a luxury but a fundamental right. 🌟 #Healthcare #PMJAY #India #PublicHealth #Empowerment
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