Throughout history there have been many instances of governments wanting to control prices. In most of these instances, the often-well-intentioned price control has inadvertently hurt access or at least brought down the quality of the sector. The attempt to control prices of medical services is not new. It dates back to several millennia. The first medical technology was Religion. Because more than a couple of thousand years ago whenever a natural disaster occurred or a disease struck or … [Read more...] about History of healthcare price control and its latest turn in India
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Navigating the Complexities of Medical Device Pricing: Insights from Pavan Choudary
In an exclusive interview with Arunima Rajan, Pavan Choudary, Chairman of the Medical Technology Association of India (MTaI), discusses the pricing framework for medical devices, shedding light on its critical aspects and implications for the industry. What are the key considerations or factors that the NPPA should take into account while developing the new pricing framework for medical devices? Any price control has the potential to distort the market. Considering that the medical device … [Read more...] about Navigating the Complexities of Medical Device Pricing: Insights from Pavan Choudary
Elections 2024: Who do the cards favour?
Let us attempt to answer this question by looking at how the three determinants of socio-political existence, Wealth, Power and Status are configured today and how these could motivate individuals and groups to vote in 2024. Wealth: For the last 3,000 years of recorded history the world has swung between concentration of wealth and dispersion of wealth. Capitalism concentrates wealth due to differences in human abilities and through the advantage which accrues to the early winner. So, the rich … [Read more...] about Elections 2024: Who do the cards favour?
Modi, Kejriwal and Shivakumar: What is common among them? What do they augur for Indian Polity?
Their courage unites them. Their worldview divides them. They represent a changing tide in Indian polity. Before the likes of Modi and Kejriwal came on the scene, it was felt that in Indian politics the meek will continue to inherit the world. The genuflectors will be crowned. Note how those in the prime-ministerial fray bowed to the powers that be. Except Rajiv Gandhi who came on a sympathy wave, every prime ministerial aspirant stooped to ascend. Indira Gandhi too was known as the Goongi … [Read more...] about Modi, Kejriwal and Shivakumar: What is common among them? What do they augur for Indian Polity?
Medici, Modi And Moderation
If all his political colleagues started taking a strident tone, it would erode the aura of temperance that India is known for in the world. The Medici business family of Italy rose to prominence in the 14th and 15th century. They were well known for their banking prowess and are also credited for funding the renaissance in Italy through their patronage of art and philosophy. But the Medician patronage of the arts was not random. It was thoughtful and targeted. Medici wanted to use art to … [Read more...] about Medici, Modi And Moderation
The Deep Slice: How can Capitalism be Opened up to the Poor?
https://www.youtube.com/watch?v=XUznsSqal-0 … [Read more...] about The Deep Slice: How can Capitalism be Opened up to the Poor?