Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 in the Lok Sabha, at Parliament.
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New open platform for 'National Digital Health Ecosystem' announced in budget 2022 as part of Ayushman Bharat Digital Mission.
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Central and State Government's budgeted expenditure on health sector reaches 2.1 per cent of GDP in 2021-22, against 1.3 per cent in 2019-20.
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The Union Budget 2022 will see few key initiatives, but the impact can only be measured once they are implemented. As part of the new initiative, it would be a welcome change to see India’s healthcare spending to rise from 1.2 per cent of GDP to 1.8-2 per cent this year. Our union budgets have remained conservative towards healthcare; however, there is no harm in initiating new beginnings.
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The Bangalore based startup is founded by Vikash Kumar, an ex investment banker.
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Lead investors include Kotak Investment Advisors, Moez Daya (of Satya Capital) and LetsVenture Angel Fund
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The investment will help bolster the out-of-hospital care segment in the country.
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India’s healthcare industry is rapidly growing. Analysing the trends of growth in living standards and economic status of the citizens, one can easily deduce that this growth is here to stay.
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