Jaipur: India will increase spending on healthcare to 2.5 percent of its gross domestic product (GDP) during the 12th Five Year Plan that starts April 1, 2012, from the present level of around 1 percent, Health Minister Ghulam Nabi Azad said Saturday."In the 12th Five Year Plan, our commitment is to increase expenditure on healthcare to 2.5 percent of our gross domestic product from the present level of 1 percent," Azad said at the annual diaspora meet Pravasi Bharatiya Divas here.He said the public-private-partnership model would be given priority to upgrade and expand healthcare facilities."Public-private-partnership arrangements are now common in many areas and we intend to fully explore and expand the scope in the 12th Five Year Plan," he said.Development of healthcare facilities is one of the focus areas of the 12th Five Year Plan that runs from fiscal 2012-13 to 2016-17. India targets to invest over $1 trillion in infrastructure development during the next five years.Azad said the government was liberalising norms to attract overseas investments in healthcare and infrastructure."The government has encouraged foreign direct investment (FDI) in opening of hospitals by placing such investments on the automatic route," he said.The minister said the government aims to provide "complete basic infrastructure" in rural areas by the end of the next five year plan period.
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