NITI Aayog pitches for tax reforms, housing plan for elderly

India markets COST Healthcare social 2020 reports

20.02.2024 - 07:57

Reading now: 573

livemint.com:

₹57,881 crore). More than 75 per cent of elderly people in India suffer from chronic diseases and these figures indicate the potential of the home-based care market in India.

As per the report, the size of the home healthcare market in India was estimated at USD 6.2 billion ( ₹50, 840 crore) in 2020 and it is projected to reach USD 21.3 billion ( ₹1.74 lakh crore) by 2027. The home healthcare market can lead to a 15-30 per cent reduction in infrastructure and operational costs compared to hospital costs for the same treatment, ita added.

"We need to ensure the social security of the elderly and add more emphasis to wellbeing and care," NITI Aayog Member (Health) V K Paul said during the release of the report. NITI Aayog Vice-Chairman Suman Bery said it is time to start thinking about the special dimensions of senior care, in addition to medical and social aspects.Milestone Alert!
Livemint tops charts as the fastest growing news website in the world

. Read more on livemint.com

All news from livemint.com

About this in other media

Latest NSSO consumer survey indicates poverty down to 5 per cent: NITI Aayog CEO economictimes.indiatimes.com /9 months ago

My passion for innovation has been the driving force behind our success, says EaseMyTrip co-founder livemint.com /9 months ago

India vs England 4th Test: ‘Will get in really strong position if…,’ Joe Root lays out ENG plans for Day 3 livemint.com /9 months ago

The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.