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Project Detail:
India's economy grew by 7.8% in fiscal year (FY) 2024 and is projected to grow by 6.8% in FY2025, making it one of the world's best performing economies with moderate debt sustainability risk. Although India is growing rapidly, its government healthcare spending as a share of gross domestic product remains less than 1.4%. This has led to the high out-of-pocket expenditure (OOPE) on health in India, which is currently around 47% of total health expenditure and more than 80% as a percentage of total private health expenditure. High OOPE has brought significant negative socioeconomic and health impacts to the poor and vulnerable population, especially women and socially excluded minorities, and it has been the leading reason of their foregone healthcare.
Note: Please Download Project Document attached to this Project for more information.
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