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Budget should impart industry status to healthcare: Dr Rajendra Patankar

It will incentivise indigenous production of medical equipment & bring in latest technology

Dr Rajendra Patankar, COO, Nanavati Super Speciality Hospital
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Dr Rajendra Patankar, COO, Nanavati Super Speciality Hospital

Dr Rajendra Patankar
With healthcare costs spiraling through the roof and quality healthcare still remaining outside the reach of the poor and needy masses, it is imperative that the healthcare sector be accorded ‘industry’ status. The tag will not only incentivise domestic players to manufacture medical equipment indigenously with an emphasis on technological advancements and a well-heeled distribution network but also reduce costs considerably down the supply chain, benefiting the end-user. 

Presently, a majority of the technology that is used to produce the products and equipment in the healthcare sector is imported which exerts an upward pressure on costs, the burden of which has