ATMANIRBHAR MEDTECH RESEARCH TOWARDS AFFORDABLE GLOBAL HEALTHCARE GOVERNANCE

It gives me immense pleasure to share with you all that my Medtech Research advocacy outlined in upcoming event Medtech Policy Mahotsav Conclave 2023, has been paid attention to, in recently presented Union Budget 2023-24. Medtech Research shall go in long way in bolstering the sustainability of Medtech parks and Industry Ecosystem, by contributing breakthrough, advanced and affordable Medical Technologies. Advanced Medical Technologies are essential for upgrading Medtech for quality patient care, reducing ever increasing import bills, establishing Indian Medtech’s global supremacy and contributing foreign exchange to state exchequer through incremental exports. With plethora of globally acclaimed centres of excellence (Coes) like IITS RECS , DRDO, IISC, ISRO etc.and availability of seasoned R&D talent across Indian Medtech companies, and visionary policy and resilient healthcare leadership, Atmanirbhar Medtech Research should be our eternal goal in ongoing century. I also look at Atmanirbhar Medtech Research from global health security perspectives for the reason that economic stability of global populations would be unfortunately compromised if global healthcare spends go up on account of unaffordable Medtech. More over Premium Medtech comes with huge Intellectual Property Rights (IPR) cost with extended /evergreening parent regimes and have cascading impact on economic security of populations. Hence an Atmanirbhar Medtech Research is imperative for global healthcare governance. Coming to the Union budget 2023-24 , I wish if couple of healthcare industry’s demands including hiking Import duty and slashing GST, would have been met. Moving on, 157 nursing colleges in the vicinity of medical colleges is great initiative for better nursing learning and skills development. Likewise augmenting health infrastructure in identified 300 aspirational blocks is another landmark initiative towards including and empowering panchayat raj administration in rural healthcare development. I strongly believe that rural healthcare development indices must be true measure of UHC excellence. Wish you all a great New Financial Year 2023-24