#WhatIndiaThinksToday: Kovid epidemic showed the way, fast growing health infrastructure and pharmaceutical sector in the country

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#WhatIndiaThinksToday: Kovid epidemic showed the way, fast growing health infrastructure and pharmaceutical sector in the country

Health services are getting better in India.

Image Credit source: Tv9

India’s health infrastructure and pharmaceutical industry is continuously growing. There are 542 medical colleges and 64 single PG institutes in the country whose degrees are recognized by the National Medical Commission. There is a provision of 750 beds in each medical hospital.

Soft power can have many dimensions and descriptions. If it is seen in the context of India, then the growing health services of the country is an important part of this soft power. For countries like India, the issue of health has emerged as an effective soft power tool. Through this tool, India can advance its economic interests as well as open new avenues in diplomatic relations. The health facilities provided in India are probably the widest range of medical facilities available anywhere in the world. From hospitals to centuries-old traditional systems like Ayurveda, people’s health has improved.

The Indian pharmaceutical industry is the third largest in the world by volume and the 14th largest in terms of value. As per the Annual Report of the Department of Pharmaceuticals, the total annual turnover of pharmaceuticals for the year 2019-2020 was Rs 2,89,998 crore. A CARE Rating Assessment for 2021 concluded that “the growth of the pharmaceutical industry is mainly due to Patent drugs are getting expired in India and Indian pharma companies have the potential to take advantage of this opportunity. Apart from this, reducing regulatory risk, adopting various strategies to reduce dependence on China for key raw materials, increasing trend in PE investment and strong fundamentals of the industry have been the key factors for the growth of this industry. CARE Ratings expects the credit risk profile of the industry to remain stable to positive during FY2022 & 23, leveraging these opportunities.”

India has the best healthcare system in the world

Dr. MC Mishra, former director of AIIMS, says, “India has the best healthcare system in the world in the private sector. Now there is a need for more investment in public sector health services..” He told TV9 “By January 2022, there are 19 AIIMS institutes running in the country and five more are expected to start by 2025. Apart from this, proposals have been made for six more AIIMS. There are 542 medical colleges and 64 single PG institutes in India whose degrees are recognized by the National Medical Commission. There is a provision of 750 beds in each medical hospital. Then there are Primary Health Centers (PHCs) in remote areas as well as district hospitals, many of which are functioning well. All it needs is that more government money should come, for which the government is continuously running schemes. However, Ayushman Bharat needs to be reconsidered. But it is definitely a good idea.

India’s identity is becoming a health power

India is becoming recognized as a health power especially for those who are interested in quality health at affordable prices. And this is the reason why many stakeholders such as state, non-state and multilateral actors, non-governmental organizations (NGOs), private sector companies are building a vast array of public health facilities. All of them can fight against tremendous odds and emerge like a trump card as we have seen during the recent pandemic.

This is how the system works

How does this system work despite many drawbacks? Vijay Govindarajan and Ravi Ramamurthy present a prediction in Harvard Business Review, “Necessity breeds innovation.” Despite high demand and limited supply, some relatively new Indian hospitals have devised ways to make world-class health care affordable and available on a large scale. These hospitals take care of affluent patients and provide them with care that meets global quality standards. But they aim to serve everyone, including very low-income patients. Because of this, the pressure on hospitals to reduce costs also increases. This kind of business model grows very fast. Because these hospitals attract large number of patients at low cost and benefit their entire company.”

In other words, hospitals are not run only through simple government subsidies, charitable donations or insurance reimbursements. Revenue is needed to run the hospitals. Prime Minister Narendra Modi internationalized yoga. We got the benefit of this and the world has noticed. VOGUE, the monthly magazine of American fashion and lifestyle, writes articles covering a wide range of topics including the latest fashion, beauty, culture. VOGUE wrote in its January 2018 issue, “There has been a tremendous increase in people’s wellness travel in recent times. Now they want to detox themselves instead of having a cocktail holiday by the sea. Spa resorts have incorporated yoga nidra, acupuncture, meditation sessions for this. Also specially curated diet plans have been given to help them detox.

Country moving forward in the field of genome sequencing

Since the Covid19 pandemic, Indian health research has also reached those areas where they had not yet stepped in. For example, we have grown rapidly in the field of genomic surveillance. While addressing the second Global Kovid Virtual Summit last month, Prime Minister Modi announced that India’s genomic sequencing network will be extended to neighboring countries. He said that the Indian SARS-CoV-2 Genomics Consortium (Insacog), a national multi-agency consortium of genome sequencing laboratories established in December 2020, will soon be expanded to neighboring countries.

Insacog (Insacog) was established to expand whole-genome sequencing (whole-genome sequencing) of SARS-CoV-2 virus across India. Its purpose was to understand how the virus spreads and develops. Any change in the genetic code or mutation in the virus can be seen on the basis of the analysis and sequencing of the samples done in the laboratories under INSACOG.

India has potential to become the pharmacy of the world

There is no doubt that the Genomic Consortium of India has contributed significantly to the Global Database on Viruses. Despite all odds, it would not be an exaggeration to say that India has the potential to become the pharmacy of the world. India’s vaccination program has been one of the largest campaigns in the world. New data shows that about 94 percent of the adult population of the country has taken at least one dose of the corona vaccine and more than 80 percent of the adult population has been given both doses.

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India manufactures four WHO-approved vaccines and has the capacity to produce 5 billion doses in 2022. When the whole world was in the grip of the second wave of Kovid, India had supplied more than 200 million doses to 98 countries bilaterally and through the United Nations and through the Global Vaccine Alliance. (To read the news in English click here Click do.)

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