Health sector can attract investments of Rs 9 trillion by 2022: Dr K Sudhakar

News Network
December 19, 2020

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Bengaluru, Dec 19: With the right kind of investments, the healthcare sector can attract public and private investments to the tune of Rs 9 trillion by 2022, Karnataka Minister for Health and Family Welfare Dr K Sudhakar said on Saturday.

In his keynote address at the first pre-event of 'TechBharat 2021' hosted jointly by Laghu Udyog Bharati and IMS Foundation, Union Government and the Karnataka Government here on Saturday, he said that in the last two decades healthcare has witnessed substantial technological advancements which has created many opportunities to provide good healthcare to the masses.

He said, “Be it remote health monitoring tools, fitness wearables, medical robotics, electronic health record, 3D printing, telemedicine, medical kiosks, artificial intelligence (AI) and machine learning (ML) enabled genome sequencing, augmented reality (AR) and virtual reality (VR) for remote patient care and reliable treatment, internet of medical things (IoMT), cloud based platforms for healthcare, etc., have helped our healthcare systems cope with present and future demands. Further, for entrepreneurs in the field of healthcare, these technological advancements have created umpteen opportunities in providing good healthcare to the population.”

The Minister gave a clarion call to investors to set up high-end healthcare services in Karnataka and assured that his government will traverse the extra mile in supporting such enterprise on priority.

Dr Sudhakar said, “Karnataka is a land full of opportunities for players in the medical devices industry. It has also become one of the leading destinations for high-end diagnostic services with tremendous capital investment for advanced diagnostic facilities, thus catering to a greater proportion of population. Further through social entrepreneurship, access and traction to healthcare insurance, financing of healthcare services, building healthcare repositories and adoption of innovative business models to tackle healthcare needs. Again, skilling or developing healthcare resources is the biggest challenge as well as an opportunity worldwide. In addition, promoting strategic partnerships amongst pharmaceutical establishments and framing proper regulations and monitoring of compliance across pharma industries, etc are all business opportunities waiting in the wings to be grabbed by investors.”

Mr Gaurav Gupta, Principal Secretary echoing the same sentiments said: “Karnataka has been attracting global audience with its integrated and strategic growth plans that offer immense investment potential, apart from healthcare and education, across its varied sectors vis-à-vis IT/BT, pharmaceuticals, agri business and food processing, energy and infrastructure along with medical tourism.”

He said “Being in the government we are aware that governments play a crucial role in improving ranking of ease with which business is conducted. On this front over the last few years, the Ease of Doing Parameters has been considerably reduced. The state government has also started integrated services for the project approvals of the line departments related to industrial investments, which provides online filing of application, processing, status verification and also provision of downloading of final certificate/clearances. The system also provides third party verification of the certificates and clearances issued.”

TechBharat 2021 a Virtual Exhibition and Conference saw big ticket industry veterans in education and healthcare sectors deliberating on topics like technology to elementary education, higher education-research, collaboration & compliance, digital transformation in education management, education in India after NEP 2020, funding education & entrepreneurs, technology to healthcare, healthcare - innovation, research & regulatory compliance NextGen healthcare - digital transformation, healthcare & medical education in India after NHP 2015 and support to start-ups in healthcare technology over 12 hours.

Speaking on the occasion, Infosys Limited former Chairman Kris Gopalakrishnan said that during the COVID period there has been a massive acceleration and adoption of digital technology in everybody's life. “The digital transformation which would have happened in five years has occurred in just five months be it e-com, WFH, consumption of digital content, financial business and so on,” he added.

In his welcome address Laghu Udyog Bharati President P S Srikanta Dutta said that healthcare and education are two vital streams that drive economic and GDP growth significantly across the globe. 'By organising TechBharat, we at LUB-K and IMS Foundation would like to do our small bit by contributing to the growth of the Indian economy'.

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News Network
September 19,2024

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In a grand celebration of patriotism and local pride, Karnataka’s second tallest flagpole, and the tallest in Dakshina Kannada, was officially inaugurated on Wednesday, September 18, at the iconic Kadri Park in Mangaluru.

The event, a significant milestone in the city's Smart City journey, was graced by several prominent leaders. MP Capt Brijesh Chowta, a distinguished guest at the inauguration, spoke passionately about the symbolic importance of the flag. "This towering structure, made possible through the Smart City initiative, elevates the pride of every Indian. Since Prime Minister Narendra Modi took office, national sentiment has deepened. The national flag is not just a symbol, it embodies our self-respect and unity as a nation."

MLA Vedavyas Kamath shared his enthusiasm for the project, emphasizing its importance beyond mere construction. "The flagpole at Kadri Park, funded under the Smart City project, will not only serve as a beacon of patriotism but will also become a significant attraction, enhancing the city's tourism appeal."

Adding to the sense of occasion, Mayor Sudhir Shetty proudly highlighted the monument's grandeur. "Standing at an impressive 75 meters, second only to Belagavi's 110-meter flagpole, this new landmark is a testament to Mangaluru's growth and aspirations. The project, which cost Rs 75 lakh, will feature an advanced lighting system, ensuring it shines brightly, day and night, as a symbol of our national pride."

The ceremony saw the attendance of key dignitaries, including Deputy Mayor Sunita, Standing Committee President Bharath Kumar, Varun Chowta, Ganesh Kulal, MCC opposition leader Praveen Chandra Alva, MCC member Shakeela Kava, former Mayor Jayananda Anchan, Bhaskar K, and former MUDA president Ravishankar Mijar, each contributing to the significance of the occasion.

This towering flagpole, nestled amidst the serene beauty of Kadri Park, is set to become a new emblem of Mangaluru's spirit, uniting both locals and visitors in shared pride and patriotism.

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News Network
September 12,2024

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Mysuru: More than 50 people have been arrested in connection with the riots between two groups of different faiths, at Nagamangala town, Mandya district, over the Ganesha idol procession, on Wednesday night.

High drama prevailed in front of the Nagamangala town police station on Thursday morning, with women belonging to both Hindu and Muslim communities staging a protest against the arrest of their family members and demanding their release.

The two groups started arguing over the Ganesha idol procession on the Mysuru-Nagamangala road, near a 'dargah'. This soon turned violent with stone being pelted. Reports said that around 25 shops were also set on fire.

Several vehicles were damaged and torched by the mob. However, police intervened and brought the situation under control, deploying additional police forces.

Holiday has been declared to schools and colleges in Nagamangala town until further notice. Police have imposed section 144 till 12 noon of September 14.

SP Mallikarjuna Baladandi, IGP (Southern Range) Boralingaiah, DC Kumar and other officials visited the spot.

District incharge Minister N Chaluvarayaswamy visited the spot on Thursday morning and took stock of the situation. Speaking to reporters he said, the incident was unfortunate.

"The clash which started around 9 pm on Wednesday, flared up with miscreants setting fire, damaging shops and vehicles in the town. There is no need for anxiety. Additional police forces have been deployed in the town and the situation is under control now," he said.

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News Network
September 20,2024

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Mandya: The Deputy Superintendent of Police of Nagamangala town in Mandya district has been suspended for "negligence and dereliction of duty" in connection with the clashes that broke out between two groups during a Lord Ganesh idol procession, police said on Friday.

This is the second suspension of a police officer over the clashes on September 11 following which mobs went on a rampage targeting several shops and vehicles leading to tension here.

The situation in the town has since returned to normalcy and most of the shops have started operating. However, adequate security forces continued to be stationed here as a precautionary measure, according to police.

Sumeeth A R, DySP (Nagamangala), was suspended on Thursday for negligence and dereliction of duty, Mandya Superintendent of Police Mallikarjun Baldandi told PTI.

"He (Sumeeth) was not present at the spot nor was he at the police headquarters when the incident occurred. He arrived late at the spot despite the sensitive nature of events," he said.

Earlier, Police Inspector Ashok Kumar posted at Nagamangala town police station was suspended for dereliction of duty in connection with the violence.

A total of 55 people have been arrested in connection with the incident.

According to police, an argument broke out between two groups, when the Ganesh idol procession by devotees from Badarikoppalu village reached a place of worship on September 11, and some miscreants hurled stones, which escalated the situation.

The police had used mild force to disperse the crowd to control the situation.

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