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Live News EQUITY ARTICLE L impact

India panel weighs curbing foreign healthcare funding amid deal

A parliamentary panel recommends curbing foreign funding in healthcare as KKR buys Medicover’s India hospitals for $1.4 bln. The piece says higher prices reflect a maturing industry and that restricting capital may worsen the bed shortage.

MCOVB

By Ujjaini DuttaA parliamentary panel recommends curbing foreign funding in healthcare just as KKR buys Medicover’s India hospitals for $1.4 bln.

But price rises reflect a maturing industry.

Restricting capital would do little for affordability while worsening a chronic shortage of beds.Full view…