‘Competition in pvt sector will help provide healthcare at affordable prices’

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New Delhi, Nov 16 | Union Health Minister Mansukh Mandaviya on Tuesday said competition in the private health sector will help in providing health facilities at affordable prices to the people.

Speaking on the private partnership in the health sector, Mandaviya added, “Competition will help in providing health facilities at affordable prices.”

“Total health starts with preventive care. Like ‘Fit India’, yoga, ‘Khelo India’ are part of total health. Ayushman Bharat health and wellness centres are a backbone of our health system,” the Minister said. Under the guidance and leadership of Prime Minister Narendra Modi, we are moving in the direction of total health, he added.

The Minister said a drive will be launched to register for the Ayushman Bharat Digital Mission as part of the ‘Azadi ka Amrit Mahotsav’.

“Ayushman Bharat Digital Mission is a revolution and will help us in keeping digital records. Health and wellness centres are important for screening and early detection of disease and therefore cure can be timely done,” Mandaviya added.

While addressing the inaugural programme of the Health Pavilion at ITF2021, Mandaviya said, “Health is not trade for us but for total health, people should get good facilities, this is what we desire.” The purpose of the health pavilion is to create awareness and project the importance of total health which is synonymous with affordable healthcare. He announced a month-long campaign as part of “Azadi Ka Amrut Mahotsav” to create awareness.

“As much as Rs 64,000 crore has been sanctioned by the Government of India with the aim that every district will be covered to strengthen health infrastructure of the country,” said Mandaviya adding that, “We need more doctors and we are investing in hospitals and increasing doctor-patient ratio also”.

He highlighted the achievements of the country in terms of high vaccination coverage. “We have achieved 113 crore vaccination doses administration with the support of various stakeholders,” he said.

Source: IANS

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Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

On the back of Global Clues and SGX, Nifty opened on a gap down note & continued downside momentum throughout the day and closed the session at 15809.40 level with a loss of 430.90. However, Bank nifty closed the session at 33315.65 level with a loss of 848.05 points.

India VIX closed at 24.56 up by 10.13% which is a sign of more volatility in upcoming sessions.47 stocks out of NIFTY 50 closed in RED which suggest broad based selling. All the sectoral indices were ended in the red with metal, IT indices down 4-5 percent.

Despite one way fall, Stocks like ITC, DRREDDY, POWERGRID were the top gainers, While WIPRO, HCLTECH, INFY, TCS & TECHM were prime losers. On a daily chart, Nifty has formed a Bearish candle which indicates downside momentum for an upcoming session. Moreover, Nifty is showing support from horizontal line i.e., 15750 levels which is make or break level. In addition, Nifty has been sustained above the 21-Monthly Moving Average which indicates a bounce back from lower levels can be seen.

However, the momentum indicators MACD & Stochastic were trading with a negative crossover & trading in oversold zone which is a sign of sideways to negative trend in Nifty. The Nifty may find Strong support around 15700 levels, breaching below it can show more downside till 15500 levels while on the upside 16000 may act as an immediate hurdle. On the other hand, Bank nifty has support at 32800 levels while resistance at 34500 levels.

Palak Kothari
Research Associate
Choice Broking

Source: Choice India

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