MARCH 6:
The healthcare industry has urged the Government to provide the required stimulus that will make the industry attractive to investors.
Dr Prathap Reddy, Chairman, Apollo Hospitals said: “There is a huge demand-supply gap in healthcare services. Around Rs 60,000 crore has to be invested each year for the next 10 years to expand bed strength. We also need more hospitals, labs and operation theatres. We are not asking funds or grants but we need no-strings-attached stimulus to attract long-term investments in the form of equity or debt.”
The industry is confident this years' Budget would give infrastructure status to the healthcare industry. This will give a big push to investments, said Dr Reddy. According to Dr Lloyd Nazareth, COO, Fortis Hospitals, there is a “crisis in healthcare education in the country” and this can be met o
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