Recent decision in the case Coal India Limited(“CIL”) v. Competition Commission of India (“CCI”) by the Supreme Court of India (“SC”) has revived the discussion around the principle of Competitive.
The Punjab and Haryana High Court today rapped the State of Haryana for lethargic approach towards the compliance of a judicial order before directing Haryana Principal Secretary, Health, to remain present in person before the Bench for explaining the six-year delay in a matter.
Budget 2021 expectations | Healthcare sector allocation likely to go up by 40%
To boost investments in the sector, in addition to the viability gap funding already announced, tax incentives for private sector investments in modernising medical facilities and developing greenfield hospitals will be a welcome step.
Source: Reuters
With the global pandemic significantly affecting the country, the need to have an adequate healthcare infrastructure has come to the forefront. India currently has seven beds per 10,000 population, against the global average of 27 beds per 10,000. Further, India spends 3 percent of its GDP on healthcare, against the global average of 8 percent and the spend is below many developing countries.