MTaI’s Comment On Election Results

“It is encouraging to see that National Democratic Alliance (NDA) has won a bigger majority this elections than the last. The results show that the electorate has given the union government a long-term horizon to undertake necessary economic and industrial reforms. The previous NDA government initiated various measures in the healthcare space with the good intention of reducing treatment costs for patients. However, some of these measures were not target specific, in administering the remedy where it was needed, and ended up imposing restrictions on large parts of the industry. Price control, preferred market access to local suppliers, quality control order, development of Indian standards and compensation norms are a few examples of policies that must carry a 360-degree outlook on affordable (yet quality) healthcare. These are policies that have a long term impact on the healthcare industry. Moving forward, all interventions should be thoughtful and widely discussed with the stakeholders before finalisation. We will continue to engage with the government to share our inputs for a holistic solution in the healthcare.” – Pavan Choudary, Chairman and Director General, Medical Technology Association of India – Medical Buyer Bureau