Minister sees scope for huge synergy between Public Institutions-Private Industry
Public-Private synergy is imperative to meet global benchmarks in healthcare for a country like India, says Minister of State for Science & Technology Dr Jitendra Singh.
“A healthy supplementation of the resources from the two sides can also help provide world-class medical care at affordable rates, he said at the 15th Global MedTech Summit 2023 organised by CII in New Delhi on 6 Oct 2023.
Stating that there is no more room for scepticism, Dr Jitendra Singh said, the policy planning changes have created mutual trust between public and private sectors.
“There is scope for huge synergy between the Public Institutions and Private Industry in the MedTech & BioTech sectors besides Healthcare sector in general,” he said.
Dr Jitendra Singh, himself a Medical Professional and known Diabetologist, cited the success of Mission Suraksha that helped India tide over the Covid pandemic and Ayushman Bharat, the world’s largest health insurance scheme and the only one of its kind that provides cover against existing disease.
The Government is committed to make India a global Med-Tech leader, he underlined.
“The Government has framed policies like the Promotion of Research & Innovation in Pharma MedTech Scheme (PRIP) Scheme, the New Medical Device Policy, the development of the Bima SUGAM portal by 2024, and the revamping of the new Drugs, Medical Devices & Cosmetics Bill, that will propel the Healthcare and MedTech sector,” he said. fiinews.com
