Sunday September 22, 2019

Universal Health Coverage insightful investment for the future: J.P. Nadda

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By NewsGram Staff Writer

During the Commonwealth Health Ministers meeting, Union Health Minister, J.P. Nadda, said that the investment in universal health coverage should be considered as an insightful investment for the future.

The meeting took place on 17 May 2015 in Geneva under the theme, universal health coverage, with an emphasis on “ageing and good health.” The focus of universal health coverage is to ensure that people from all age groups receive the required health services without facing any financial hardship when paying for them.

A news agency reported J.P. Nadda as saying, “We believe that investment in universal health coverage, including for aged population, should be considered as a smart investment for future.”

The minister also added, “India is committed to achieve universal health coverage for all age groups. It has charted a path that depends largely on provision of affordable, quality health care through the public health system as its main form of social protection, with supplementation from the private sector to close gaps.”

As per the report, Nadda said that India has a comparatively young population with about 66 per cent of population below the age of 35 years.

“We are also cognizant of the potential challenge in the next three decades as this age group would move into the category of older people,” he said.

While referring to solutions to tackle the challenge, the minister said that India is formulating new policies, including social, human and economic investments, to ensure healthy life-style among old generation.

“We are also encouraging public-private partnerships to improve investments and access to health services. Over 14,000 publicly financed ambulances are in position to shift over 100,000 emergencies daily on a completely cashless basis,” concluded Nadda.

 

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India To Become Global Steel Manufacturing Hub By 2031

The Modi government seems determined to boost the country's crude steel production capacity to 300 MT by 2030-31 in a bid to make India a global steel manufacturing hub

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steel, manufacturing, india, global
Modi government seems determined to boost the country's crude steel production capacity. Wikimedia Commons

The Modi government seems determined to boost the country’s crude steel production capacity to 300 MT by 2030-31 in a bid to make India a global steel manufacturing hub.

At present, China is the world’s largest steel producer with a production capacity of 928.3 MT of crude steel (2018), while India, with 106.5 MT of crude steel production, ranks second on the list. Dedicated participation of all stakeholders is a must to achieve the projected capacity target of 300 MT by 2030-31.

To deliberate on major issues plaguing the sector, the Ministry of Steel is organising in Delhi on Monday a day-long conclave, during which Steel Minister Dharmendra Pradhan will seek suggestions from the stakeholders to address its challenges, identify opportunities and arrive at tangible interventions that can aid the growth of the Indian steel industry.

The National Steel Policy 2017 envisages ‘creating a self-sufficient steel industry that is technologically advanced, globally competitive and promotes inclusive growth’.

Being the third largest steel consumer in the world after China and USA, India’s per capita steel consumption at 74 kgs is one-third the global average of 225 kgs.

steel, manufacturing, india, global
Being the third largest steel consumer in the world after China and USA, India’s per capita steel consumption at 74 kgs is one-third the global average of 225 kgs. Wikimedia Commons

Various countries have focused on rapidly increasing their steel consumption in the high growth phase of their economy. At present, India’s majority steel demand comes from construction, infrastructure, automobiles and capital goods, among others.

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Steel intensive construction offers an increased pace of durable and environmentally sustainable construction. Its recyclable nature also contributes to the circular economy.

The government has set a target to make India a $5 trillion economy by 2024-25, therefore promoting domestic steel industry is essential, given its high GDP multiplier and critical role in the construction and infrastructure sectors, said the Ministry. (IANS)