ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Larger Investment, but Much More Besides

WEEKLYECONOMIC AND POLITICAL Larger Investment, but Much More Besides With the launch of the Indian Commission on Macroeconomics and Health and the imminent union budget, the role of state spending in health is again a subject of public discourse. That public health expenditure, revenue and capital, should rise substantially is not in question in any forum today. In the health sector the compression of allocations that has already occurred has not been defensible in the context of either real politics or the debates on rationalising public spending. The withdrawal has occurred along with expansion of private and corporate health services and in the entirely misplaced hope that the latter would fill the lacunae created by the relative withdrawal of the state. Over the last few years it has been evident that this has not happened. Whatever the initiatives on aligning private investment to public needs, market demands have dictated otherwise and such areas as preventive health services, which largely contribute to the control of diseases and infections, have been drastically affected. While this was predictable, the scarcity of funds has also affected curative services.

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