Apropos of the column “Road ahead still bumpy for start-ups”, the author makes a few key points on why the start-up ecosystem in India is still nascent. As he argues, Sebi has indeed done all it can to encourage these job-generators of tomorrow and the government now needs to its bit. At the same time, Indian start-ups are more in the vein of jugaad (patch-fixing) than any real innovation. As a result, they often fall flat when the time comes to scale up. Thus, even the best Indian start-ups can only hope for the ‘bright’ future of being pursued by acquirers!
Think fresh on PPP in healthcare
Apropos of the editorial “Curing health care” (July 4), while due to growing healthcare awareness, demand for health services are on the rise, the Union and the state governments are not extending due recognition to it, leading to the deprivation of proper medical facilities for large sections of the population. Poor people are always becoming the victims of careless treatments due to a shortage of doctors, paramedical staff and medicines in the public sector facilities. Most of the government hospitals function inefficiently, leading to under-utilisation of sophisticated equipments. In the present scenario it is worthwhile to lease out the government healthcare centres and hospitals to the private sector in order to drastically improve efficiency in delivering medical treatment. However, the private sector’s inherent motive of of maximisation of profit at the cost of social security needs to be checked to make such a public-private partnership affordable.
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