Edited this one for the Consult Club Blog –  Originally written by a classmate Nikhil Narayana

Consult Club @ IIMA

As India aspires to establish itself as a global economic power, ensuring the health and well-being of its citizens is a crucial need. With this end in mind, what India needs right now is health care system which is not just comprehensive and accessible but also cost-efficient and scalable. Achieving these goals by itself would be a formidable task for the government, considering the state of our existing healthcare infrastructure, our rapidly growing population and the sheer geographical size of the country. This is where the private sector can play a key role.

The Need:

Improvement of public health care” is mentioned as one of the primary duties of a state under the Indian Constitution. However, the numbers do not validate this fact. Despite state-driven healthcare facilities being nearly free of cost, national spending on health care is around 1% in India, much lower than other emerging nations. Also…

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