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There should be no GST on healthcare services: Gautam Khanna

Imposition of high GST on medical equipment would affect the overall cost structure of healthcare

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Gautam Khanna, CEO, P D Hinduja Hospital

6 min read Last Updated : Apr 12 2019 | 10:51 AM IST

The Indian healthcare market is currently worth around $ 100 billion and is expected to grow to $ 280 billion by 2020. The funds allocated to healthcare in the 2016 budget were about 1.5 percent of GDP. According to the World Bank, in 2014 the US spent 8.3 percent of their GDP on public healthcare while Brazil and China spent 3.8 percent and 3.1 percent of their GDP respectively. The global average spending on public healthcare was 5.5 percent of GDP.

Considering the rapid growth of the Indian health sector and our public spending vis-a-vis other countries, we look forward

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