Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
7. Can Health sector be a way out of the middle-income trap for India in the coming future? Discuss the possibilities and give your opinion.(250 words)
Reference: Economic Times
Why this question:
The question propounds upon the prospects of the Indian health sector in the coming future.
Key demand of the question:
Explain the prospects of Indian health sector/industry post corona pandemic and if it can be a way out for its middle-income trap.
Directive:
Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.
Structure of the answer:
Introduction:
Briefly explain the importance of India’s health sector.
Body:
First explain in what way India is amongst one of the most capable countries that are handling/containing the situation very well.
Explain the potential that India has in terms of Health industry.
Post-pandemic, India may thus support the world with health infrastructure as its centerpiece.
Hint at the on-going efforts of India to fight the pandemic.Conclusion:
With a health-centered investment agenda, India can supply doctors, nurses, paramedics, technicians and other medical professionals to the world. It can also supply valuable data and analytics. Even with the country busy fighting the coronavirus, planners need to start thinking of tomorrow’s battles.
