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HEALTH SECTOR. NEEDS ENCOURAGEMENT : C I I
Confederation of Indian Industries has
demanded infrastructure status for health sector, claiming that this will
generate investments in to hospital, production of medical equipments. In
corollary this will trigger generation of millions of jobs in the industry. In
their pre budget proposal to the Union Finance Minister The C I I has put
the investment requirements for industry at $ 80 billion. The C II has demanded
10 year tax benefit for the health sector as is enjoyed by infrastructure
Industries. According to Dr Reddy Chairman Apollo Hospitals, the immediate
challenge is increasing bed to population ratio and also to improve the quality
of paramedical personnel. He avers that there is a huge shortage and is
required increase by one lakh bed annually, which requires investment of Rs
50000 Crore. Further Dr Reddy said that
