Volume : VI, Issue : V, May - 2017
Healthcare Cost and Education Level in India: A Temporal Analysis
Karuna Rathore
Abstract :
Health and education are the important factors which determine the phase of growth of a country. In this study the status of health and education over a period of time India has been assessed. Education in turn is one of the important determinants of health as it leads to health awareness and healthy lifestyle practices of people the central and state. Government is taking lot off initiatives to improve the status of health of the people and spectacular improvement has been achieved but still there is a lot more to be done to achieve the “health for all” target. The compound annual growth rate and liner trend equation methods have been used.
The study indicated significant annual growth in health expenditure per capita (8.09%), enrollment ratio of pre-primary (16.12%) and secondary (3.16%). Linear trend equation for health expenditure related indicators and out-of-pocket health expenditure proved to be significant. Time alone attributed for 53% of variation in enrollment, whereas variation health expenditure per capita is affected by 91% due to time factor. Education level related Indicators: gross enrolment ratio; pre-primary, gross enrolment ratio; secondary, have 97% and 98% of variation due to time factor. All indicators showed remarkable growth by the year 2020. The difference in gross enrollment ratio for primary and secondary level will decline in 2020 compared with year 2007.
The health expenditure and education related indicators were examined. The study indicated significant increase in health expenditure and education level in India. Health expenditure per capita and enrollment in primary and secondary ratio are growing at highest rate. All indicators followed linear trend. The gap in gross enrollment ratio of primary and secondary increased from (45.89%) year 2007 to (26.06%) 2020 as number of students enrolling for secondary education is growing. This is due to government initiatives, which leads to improvement. However there is need for further improvement and the public private partnership can help improve the status of health and education in India
Keywords :
GDP (Gross Domestic Product) WHO (World Health Organization) CAGR (Compound Annual Growth Rate) GER (Gross Enrollment Ratio)
Article:
Download PDF
DOI : https://www.doi.org/10.36106/gjra
Cite This Article:
Karuna Rathore, Healthcare Cost and Education Level in India: A Temporal Analysis, GLOBAL JOURNAL FOR RESEARCH ANALYSIS : VOLUME-6 | Issue‾5 | May‾2017
Number of Downloads : 337
References :
Karuna Rathore, Healthcare Cost and Education Level in India: A Temporal Analysis, GLOBAL JOURNAL FOR RESEARCH ANALYSIS : VOLUME-6 | Issue‾5 | May‾2017