Massive prospects in the health sector: Mandaviya

Abhishek Awasthi.

Lucknow: Mansukh Mandaviya, Union Minister of Health and Family Welfare, encouraged investors on Saturday to take advantage of the decisive and dual engine government.He also urged investors to help Prime Minister Narendra Modi realise his objective of transforming India into a prosperous nation by 2047. The Union minister highlighted investors as claiming that India is the finest place to invest during his recent trip to the World Economic Forum. Mandaviya was addressing the sectorial session on ‘healthcare through the investors lens after COVID scenario’ on the second day of the three-day Global Investors Summit.”This investors meeting is being held in Uttar Pradesh at a time when a decisive government is in place, with a Modi government at the head and a dual engine government in operation.

Entrepreneurship and development would be promoted, and UP will benefit from a proactive health minister,” declared the Union minister. He urged investors to take advantage of the current circumstances and invest in UP, ensuring that investment stays in the country.He expressed optimism that, with a GDP growth rate of 6 to 7%, India will be a developed country by the time it celebrates its 100th year of independence, as Prime Minister Narendra Modi envisions. The Union minister urged everyone to pitch in so that the goal could be met.He described the Ayushman Yojna as an investment opportunity and requested that the private sector build 50 or 100-bed hospitals based on the Ayushman Scheme.”The government will ensure business by linking with the Ayushman Yojna, which has grown so robust that funds are sent into bank accounts within 10 to 15 days of the bill being passed. Poor people receive care, and hospitals become self-sustaining,” declared the Union Health Minister.”I discussed launching private hospitals with the World Bank, and if you start a 100-bed hospital, the World Bank will grant a long-term loan with a lower interest rate. A plan is being developed so that the commercial sector may contribute,” he explained.

According to the minister, an ecosystem is being developed to encourage private investment in the pharmaceutical sector. He emphasised that the private sector and individual entrepreneurs should be permitted to do research at ICMR-created institutes of worldwide standards, and he stated that the government is working in this direction so that people running MSMEs may conduct research on their unique goods. He also stated that efforts should be made to reduce medical equipment import reliance, which currently stands at 65%.Uttar Pradesh Health Minister Brajesh Pathak also spoke at the event, saying that the state is eager to take an active role in the health sector and assuring investors of all possible assistance. He stated that medical colleges are being established in each of the state’s 75 districts.