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* SOMESH NAUTIYAL

* PM 3 * RAI BUSINESS SCHOOL

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The Indian healthcare sector is expected to reach US$ 100 billion
by 2015 from the current US$ 65 billion, growing at around 20 per cent a year.

According to rating agency Fitch , some of the major factors

driving the growth in the sector include increasing population, growing lifestyle related health issues, cheaper costs for treatment.

Thrust in medical tourism, improving health insurance

penetration, increasing disposable income, government initiatives and focus on Public Private Partnership (PPP) models.

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* Meanwhile, the Government of India has decided to increase health
expenditure to 2.5 per cent of gross domestic product (GDP) by the end of the Twelfth Five Year Plan (2012-17), from the existing 1.4 per cent. * Prime Minister, Dr. Man Mohan Singh also emphasized the need for increased outlay to health sector during the Twelfth Five Year Plan. * The National Rural Health Mission (NHRM) had allocated US$ 10.15 billion for the up gradation and capacity enhancement of healthcare facilities. * Moreover, in order to meet revised cost of construction, in March 2010 the Government allocated an additional US$ 1.23 billion for six upcoming AIIMS-like institutes and up gradation of 13 existing Government Medical Colleges.

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* FDI inflow in hospital and diagnostic centers was US$ 1.3 billion
during April 2000 and March 2012, according to the latest Department of Industrial Policy & Promotion (DIPP) data

* FDI inflow in medical and surgical appliances stood at US$ 521.6

million during the same period, according to the latest DIPP data

* The drugs and pharmaceuticals sector has attracted FDI worth US$
9.2 billion between April 2000 and March 2012

* 100 per cent FDI is permitted for health and medical services under
the automatic route.

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* With the opening up of private sector competition has risen to
phenomenal heights.

* Health sector comprises of all the medical institutes including

hospitals etc.

* In the last few years competition has emerged due to private

sector participation in the same sector. The big giants like Apollo, Gangaram etc. are there in the market.

* Initially only Government hospitals are there. Patients had to go

only in those i.e. they all had no choice.

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* PER CAPITA INCOME / STANDARD OF LIVING * UPDATED TECHNOLOGIES * INTRODUCTION OF NEW DISEASES/FLUES * HYGIENE FACTOR * LOW RESISTANCE POWER * HIGHER POPULATION

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* NO SCOPE FOR SECOND ATTEMPT /
PREVENTION IS BETTER THAN CURE

* INCREASING EMPLOYMENT OPPORTUNITIES * RECESSION UNAFFECTED FIELD * CONSUMER AWARENESS / INCREASED

COMPETITION

* Doctors practicing privately, opening their own clinics. * A number of medicines available for the same ailment.

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* The Indian education system, one of the largest in the world, is
divided into two major segments - core and non-core businesses.

* The core group has schools and higher education, the non-core
business consists of pre-schools, vocational training and coaching classes.

* The education sector in India is also considered as one of the

major areas for investments as the entire education system is going through a process of overhaul,

* The private education sector is estimated to reach US$ 70 billion

by 2013 and US$ 115 billion by 2018,

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* FDI inflows in the education sector during the period April 2000 to
March 2012 stood at US$ 515.15 million, according to the Department of Industrial Policy and Promotion (DIPP)

* According to the 2011 census, the total literacy rate in India is 74.04
per cent. The female literacy rate is 65.46 per cent and male literacy rate is 82.14 per cent

* The country has 544 university level institutions, which includes 261

state universities, 73 state private universities, 42 central universities, 130 deemed universities, 33 institutions of national importance and five institutions established under various state legislations includes 15 Indian Institutes of Technology (IITs), 11 Indian Institutes of Management (IIMs) and 30 National Institutes of Technology (NITs).

* The country has around 79 centrally funded institutions, which

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* The education sector received a hike of about 18 per cent in the
budgetary allocation for 2012-13 with a plan outlay of Rs. 61,427 crore (US$ 10.92 billion)

* In which 22 per cent increase has been announced for the Sarva
Siksha Abhiyan, Rs 15,458 crore (US$ 2.74 billion) has been earmarked for higher education while school education has received Rs 45,969 crore (US$ 8.17 billion).

* The budget for Department of school education and literacy has seen
a hike of nearly 18 per cent to Rs 45,969 crore (US$ 8.17 billion) from Rs 38,957 crore (US$ 6.92 billion).

* The Finance Minister also announced Rs 11,937 crore (US$ 2.12

billion) for the flagship mid day meal programme in schools, a rise of about 11 per cent from last years outlay of Rs 10,380 crore (US$ 1.85 billion).

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* PER CAPITA INCOME / STANDARD OF LIVING * CONSUMER AWARENESS / INCREASED
COMPETITION

* UPDATED TECHNOLOGIES * INTRODUCTION OF NEW CAREER FIELDS * INVESTMENT OPPORTUNITIES * INCREASING % OF HIGHER EDUCATION
SEEKERS

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* HIGHER POPULATION * INCREASING EMPLOYMENT
OPPORTUNITIES / UNEMPLOYMENT

* RECESSION UNAFFECTED FIELD * 100 % FDI IN THE SECTOR * Privately running coaching institutes (some by
Government employees).

* A number of career opportunities available for the

students.