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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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Ramanagara, Sep 19: A case of rape, sexual harassment and criminal intimidation has been registered against BJP MLA Munirathna and six others, police said on Thursday.

It was registered following the complaint of a 40-year-old woman who alleged that the incident took place at a private resort within the Kaggalipura police station’s jurisdiction.

“We received a complaint on Wednesday night and based on it, we have registered case against seven people, including the BJP MLA under various sections for rape by public servant, sexual harassment, criminal intimidation, criminal conspiracy, voyeurism, intentional insult with intent to provoke breach of peace, Information Technology Act, and others,” a senior police officer said.

The matter is being investigated, he said.

The fresh FIR against the BJP MLA, also a former Minister, comes days after he was arrested by the Bengaluru Police in connection with the two cases filed against him for alleged harassment, threats and casteist abuse, police said.

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News Network
September 14,2024

Mangaluru: The block level and District Congress Committee presidents in the state will be changed in the next one month for better reach into society and bring in organisational fortification, said Karnataka Pradesh Congress Committee working president G C Chandrasheker on Saturday.

The All India Congress Committee and KPCC have a vision for bringing a change in how the party works with the last man and woman in the state, he said at a press conference here.

"We are looking at bringing development models into the state with a new vision. We are a party that likes to work with the opposition in the developmental aspects and keep all other matters away that do not relate to the development of the state.

"We have a great respect for the people of the coast who are considered to be forward-looking and perceptible, but it is also true that we do not have the numbers in the upper house and in the Urban Local Bodies (ULBs)," he said.

"Our endeavour is to not only create a strong pro-development workforce at the base level by strengthening the second and third level leadership in the state," he said.

Chandrasheker, who is also a Rajya Sabha member, said that he and his four colleagues of the rank of working presidents of the KPCC are going to every district to infuse the new thinking in our workers and leaders.

"This move will get a new surge considering the party is facing byelections in Shiggaon, Chennapatna and Sandhur segments and also vacant seats in the legislative council, followed by elections to the Urban Local Bodies and Panchayats" he said.

When asked about the reason for the changes, Chandrashekar said most of the people have already lived their tenures. The party wants to reward those who have not been given tickets to contest in the 2023 state assembly elections and 2024 Lok Sabha elections for political reasons.

There are quite good leaders and hard-working ground level workers who have great potential to lead the party in the coming years, he said.

"Women will get at least one top post in all District Congress Committees and block levels. There is also a move to give responsible positions for the workers and leaders coming from different strata of society, which are deliverable. The party will not shy away from it," he said.

The other two working presidents, Dr Manjunath Bhandary and Vasanth Kumar, were also present at the press conference.

Kumar said some of the regions in the state are dominated by the BJP. "We want to end this run and defeat the divisive models of the BJP." Bhandary said the Indian National Congress was aiming at a high development phase in the state and involve the opposition parties and their leaders in the development plans in the state. 

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News Network
September 16,2024

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In a heart-breaking incident, 19-year-old Shaun D'Souza, a native of Vittalwadi in Udupi's Kundapur taluk, tragically lost his life in the UAE due to heat stroke.

Shaun, the beloved son of Elias Cyril D'Souza and Pramila D'Souza, originally from Hosabettu, Moodbidri, had been pursuing his college education in the UAE.

He was admitted to a hospital in Ras Al Khaimah, approximately 115 km from Dubai, after collapsing from heatstroke. Despite receiving immediate medical attention, Shaun breathed his last on Sunday, September 15. 

He is deeply mourned by his parents and two siblings. The family, who had been residing near St. Mary's Church in the UAE, are grappling with the profound loss. Shaun’s father, Elias, works as a manager for a private company, while his mother, Pramila, is an accountant.

The local community has come together to offer their support and condolences in this time of sorrow.

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