Daily Briefing Current Affairs

Two Public Goods, Two Different Diseases, One Common Cure

Private equity has poured several lakh crore rupees into Indian hospitals, diagnostics and increasingly education, even as major hospital chains like Apollo, Fortis, Max, Manipal and Narayana together account for less than 5% of India's private hospital beds. Meanwhile the private sector now teaches over 120 million Indian students, even though roughly 75% of K-12 and higher-education capacity remains legally non-profit. The…