FICCI Heal 2012 – The Deliberations

Quick Snapshots

“While the Government looks at scaling up expenditure on health from the current level to 2.5% of GDP by 2017 and further to 3% by 2022, it cannot singularly be a provider of healthcare. While the aim is to strengthen the public healthcare sector, we should look at ways to encourage cooperation between the public and private sectors in achieving health goals.”

Shri Pranab Mukherjee, Hon’ble President of India

“The Government needs to consider giving ‘infrastructure status’ for health sector with 100% tax deductions of profits and gains for 10 consecutive assessment years; ensure eligibility for loans on a priority basis at concessional rates; provide viability gap funding for setting up healthcare facilities under PPP arrangements  and PPP arrangements such as free/concessional land and use of public healthcare facilities for private medical colleges in focus states.

Healthcare industry also seeks 250% deduction of approved expenditure incurred on R&D activities related to indigenous development of medical technology and on investment made for the implementation of Electronic Health records and keep health services out of the Goods & Services Tax (GST).”

Mr. R. V. Kanoria, President, FICCI

“We need to raise sufficient and sustainable revenues from payers, efficiently and equitably; (then) pool the funds at the national level and allocate it to states in alignment to their respective needs irrespective of their contribution”

Rajiv Kumar ¹

¹ Dr Rajiv Kumar relinquished his position has Secretary General, FICCI on October 23, 2012. Dr A Didar Singh took charge in his place on November 01, 2012.