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Wealth creation from perspective of our Nation:

1. Economy of a country depends on Manufactured Capital, Human


Capital and Natural capital.
2. It is found that the manufactured capital contributes 21% to
global wealth, natural capital contributes 20% and the largest
share about 59% comes from human capital. With the study
showing that the natural capital declining steadily, it is imperative
that a nations economy is dependent on its working human
capital.

3. In India, Including the private sector, the total health expenditure


as a percentage of GDP is estimated at 3.9%. Out of the total
expenditure, effectively about one-third (30%) is contributed by
the public sector. This contribution is low compared to other
developing and developed countries. Examples include Brazil
(46%), China (56%), Indonesia (39%), USA (48%), and UK (83%)

4. If cumulatively 30% of the total health expenditure is incurred by


the public sector, the rest of the health expenditure, i.e.
approximately 70% is borne by consumers. Household health
expenditures include out of pocket expenditures (95%) and
insurance (5%).

5.   The highest percentage of out of pocket health expenditure


(52%) is made towards medicines

6. Education and Health are the major contributing factors for


wealth creation
7. An overwhelming 70% of healthcare expenses in India are met by
out of pocket expenditure by the individual, due to which about
7% population is pushed below the poverty threshold every year.
8. Childbearing expenses push nearly half of all mothers there into
poverty. Families routinely take loans or sell assets to cover these
costs.
9. Governments investment into healthcare can create jobs

Individual :
1. Invest in good health insurance and life insurance
2. Focus on healthy living
3. Mental health is as important as physical health
4. Pick a sport / physical activity
5. Involve the family in the activity

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