: Alternative systems of medicines such as ayurveda and homeopathy may play an important role in the Indian healthcare system, and preventive methods would help control the expenditure, chief economic advisor K V Subramanian said Tuesday.
Speaking at an interactive session with former Minister and TRS working president KT Rama Rao, Subramanian said there was a necessity to invest in basic research on native medicine and incentivise it.
"If you look at the out-of-pocket expenditure, this is something which is really important, and as policymakers we need to think about it. The out-of-pocket expenditure for individuals in India is way higher than that of the other countries," he said