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Healthcare sector requires $7 billion FDI inflow
The Indian Medical Association has asked for an increase in the healthcare expenditure from 3 per cent to 6 percent of GDP and to open up the health insurance sector. The country at present has no healthcare policy. A survey revealed for every 10 million people India has 407 doctors, 214 nurses and 1600 beds. The association said the sector requires an FDI inflow of $7 billion to meet increasing demands. The health sector is an attractive sector for investment as hospitals are running at 80-90 per cent occupancy.