6 cr Indians slip into poverty annually due to medical expenses: AB-PMJAY CEO

About six crore people every year, or 7,000 people per hour, slip into poverty in India due to healthcare expenses, Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana CEO Indu Bhushan said here Saturday.

AB-PMJAY Chief Executive Officer Indu Bhushan was speaking at a health conference organised by the Goa Institute of Management.

The Ayushman Bharat-PMJAY programme launched by Prime Minister Narendra Modi on September 23 is touted as the world's largest government funded healthcare programme aimed at benefiting 50 crore people.

Bhushan hailed the country's efforts in reducing poverty, but said, "At the same time, we see that about six crore fall into poverty every year because of catastrophic healthcare expenses. I was astounded by the number. Six crore people means 7,000 people every hour."
Calling the situation a "leaking bucket", he said, "It is like a leaking bucket. Though a lot of effort is being put to bring people out of poverty, due to health expenses, people are slipping into poverty which is puzzling."
Speaking about what he termed were paradoxes in the last 70 years in India's health sector, Bhushan said, "One of the major paradoxes is that 70 per cent health needs of the country are supported by the private sector and only 30 per cent by the public sector."