UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Volume 11 Issue 1
January-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRGB06021


Registration ID:
529511

Page Number

162-166

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Title

HEALTH CARE AND EDUCATION – A CATALYST FOR TRANSFORMING THE INDIAN ECONOMY

Abstract

Healthcare has become one of India’s largest sectors, both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The Indian healthcare sector is growing briskly due to its strengthening coverage, services, and increasing expenditure by public and private players.India's competitive advantage lies in its large pool of well-trained medical professionals. India is also cost-competitive compared to its peers in Asia and western countries. The cost of surgery in India is about one-tenth of that in the US or Western Europe. The low cost of medical services has resulted in a rise in the country’s medical tourism, attracting patients from across the world. Moreover, India has emerged as a hub for R&D activities for international players due to its relatively low cost of clinical research.Education is important for having awareness of almost everything in life and it is a basic right of every human being. The education system is very advanced in urban areas for people with good income sources but still needs to be improved for rural areas and people below the poverty line. The Educational Development of these two sections of the country determines the country’s growth. As the government already leads and initiated new programs to motivate people to education still many obstacles prevent these programs from being successful. Some of the issues are lack of awareness, poverty, and poor infrastructure and facilities, resulting in many people leaving or not going to school.

Key Words

Healthcare has become one of India’s largest sectors, both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The Indian healthcare sector is growing briskly due to its strengthening coverage, services, and increasing expenditure by public and private players.India's competitive advantage lies in its large pool of well-trained medical professionals. India is also cost-competitive compared to its peers in Asia and western countries. The cost of surgery in India is about one-tenth of that in the US or Western Europe. The low cost of medical services has resulted in a rise in the country’s medical tourism, attracting patients from across the world. Moreover, India has emerged as a hub for R&D activities for international players due to its relatively low cost of clinical research.Education is important for having awareness of almost everything in life and it is a basic right of every human being. The education system is very advanced in urban areas for people with good income sources but still needs to be improved for rural areas and people below the poverty line. The Educational Development of these two sections of the country determines the country’s growth. As the government already leads and initiated new programs to motivate people to education still many obstacles prevent these programs from being successful. Some of the issues are lack of awareness, poverty, and poor infrastructure and facilities, resulting in many people leaving or not going to school.

Cite This Article

"HEALTH CARE AND EDUCATION – A CATALYST FOR TRANSFORMING THE INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 1, page no.162-166, January-2024, Available :http://www.jetir.org/papers/JETIRGB06021.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"HEALTH CARE AND EDUCATION – A CATALYST FOR TRANSFORMING THE INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 1, page no. pp162-166, January-2024, Available at : http://www.jetir.org/papers/JETIRGB06021.pdf

Publication Details

Published Paper ID: JETIRGB06021
Registration ID: 529511
Published In: Volume 11 | Issue 1 | Year January-2024
DOI (Digital Object Identifier):
Page No: 162-166
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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