NITI Aayog Investment in Healthcare Sector Report

NITI Aayog has released a report titled ‘Investment Opportunities in India’s Healthcare Sector’. The report highlights investment opportunities in different segments of the healthcare sector of India, including health insurance, telemedicine, medical devices and equipment, hospitals, home healthcare, and medical value travel.

Q1. Who released the report titled ‘Investment Opportunities in India’s Healthcare Sector’?

NITI Aayog CEO Amitabh Kant, Member Dr. VK Paul, and Additional Secretary Dr. Rakesh Sarwal

Q2. India’s healthcare industry has been growing at what Compound Annual Growth Rate since 2016?

As per the report, since 2016 India’s healthcare industry has been growing at a Compound Annual Growth Rate of around 22%.

Q3. The healthcare sector of India is expected to reach where at the rate of 22% (Compound Annual Growth Rate) in 2022?

USD 372 billion

Q4. The report highlights investment opportunities in 7 key segments. What are they?

Health insurance, medical tourism, medical devices, pharmaceuticals and biotechnology,  hospitals and infrastructure, home healthcare as well as telemedicine and other technology-related health services.

Q5. When was NITI Aayog formed?

NITI Aayog was formed on January 1, 2015.

Month: Current Affairs - March, 2021