Budget 2018News

Budget 2018 Expectations – Dr Minnie Bodhanwala, CEO, Wadia Hospitals

The total healthcare spending of India is one of the lowest in the world and lagging behind the GDP growth, India spends only 3.4% of the total spending as compared to the budgets of other nations like USA, Canada, New Zealand, Australia etc. who spend more then 17%. The basic expectation from this budget will be to see an increased spending on the healthcare sector, in order to make available the basic healthcare infrastructure and affordable healthcare for all. There is a huge unmet need for healthcare infrastructure and professionals in the nation that needs to be addressed by providing right quality healthcare with trained professionals to improve the Healthcare indicators. The trends in diseases are changing as well, more and more deaths in India are happening because of non-communicable or lifestyle associated Diseases, provisions and policies to spread awareness on the importance of prevention and how to mitigate these diseases should be considered.

Where most of the renowned Doctors in various other countries are of Indian Origin, India is not considered to be a leading hub for Healthcare, efforts need to be focused in making India a Hub of excellence for Healthcare services by increasing spending on technology and …

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