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How the pandemic has forced Indians to run for cover
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The country still suffers from a huge lag in health insurance penetration, though there has been a rise in awareness of late Over the past one year, the Indian health insurance industry has seen several changes in consumer behaviour and attitude towards insurance. Covid-19 has brought to light the fact that a significant part of India’s population depends on their savings to meet the rising medical costs.
The Indian Economic Survey recently pointed that 65 per cent of Indians support their medical costs through ‘out of pocket’ expenses. The pandemic has certainly emphasised the need to buy health insurance because of the growing financial burden, which is because of high healthcare costs versus a reduced income or loss of livelihood due to Covid.
Bangladesh: Henry Kissinger’s basket case is an economic success story
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Bangladeshi Prime Minister Sheikh Hasina who has provided political stability recently remarked that “by 2031, Bangladesh would be an upper-middle-income country and by 2041, it would be a high-income and prosperous country.”
Agencies
Kissinger has crossed 90 years of age and little did he know then that Bangladesh GDP could overtake that of Singapore and Malaysia by middle of this decade.
NEW DELHI: Little less five decades back then US Secretary of State Henry Kissinger smarting from the 1971 defeat of ally Pakistan had described Bangladesh as a basket case. Kissinger has crossed 90 years of age and little did he know then that Bangladesh GDP could overtake that of Singapore and Malaysia by middle of this decade.
Not ‘Beti Bachao’, India obsessed with ‘Ghar-ka Chirag’
Discussing the nine-year-old Beti Bachao Jan Andolan (BBJA) s report card, Dr. Rakh said that till date, his Pune hospital delivered 1,925 females, absolutely free of cost, an unparalleled feat anywhere. Follow Newsd On
By Quaid Najmi
Nine years ago on this day, when a soft-spoken Pune medico, Dr. Ganesh Rakh, 46, announced ‘free delivery’ of all infant girls born in his Rakh’s Medicare Hospital (RMH), he was promptly dismissed as the ‘Mad Doc’ and scorned by the medical fraternity and society alike.
As the clock entered a new decade this week, Dr. Rakh’s small initiative launched to coincide with the birth anniversary of the legendary social reformer Savitribai Jyotirao Phule (1831-1897) has now blossomed into a global campaign.
As we inch closer to a new year and reflect back on the year that has passed, 2020 has proven to be the most challenging and disruptive year of this century. The onset of the COVID-19 pandemic forced governments around the world to a complete lockdown, which was followed by economic uncertainty, leading to chaos. Under the guise of chaos, this health crisis presented an opportunity for individuals globally to pause, reflect, and realign their lifestyle, priorities, and perspectives. This leads to a drastic change in consumer behavior and accelerated the transformation that was long due. The upside to this dreary new normal was that consumers prioritizing their health and that of their loved ones.