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Monday, July 23, 2007

India needs 203 bn dollar by 2012 for healthcare

Access to quality healthcare in India is gradually diminishing, and to solve the crisis the sector would need an investment of about $202.75 billion over the next five years, says an industry body.India's healthcare situation requires a much faster growth rate as it would require about 2.2 million beds and the investment needed for that is almost $77.9 billion, the Federation of Indian Chambers of Commerce and Industry (FICCI) said in a presentation to the government.FICCI has suggested a five-pronged PPP (public-private-partnership) model to bridge this huge deficit.

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