HYDERABAD: Alternative systems of medicines
such as ayurveda and homeopathy may play an important role in
the Indian healthcare system, and preventive methods would
help control the expenditure, Chief Economic Advisor K V
Subramanian said on Tuesday.
Speaking at an interactive session with former Minister
and TRS working president KT Rama Rao, Subramanian said there
was a necessity to invest in basic research on native
medicine and incentivise it.
“If you look at the out-of-pocket expenditure, this is
something which is really important, and as policymakers we
need to think about it. The out-of-pocket expenditure for
individuals in India is way higher than that of the other
countries,” he said
The chief economic advisor cited an incident that
happened 20 years ago which made him believe what ayurveda and
homeopathy and other Indian systems of medicine can do in the
Indian healthcare system.
He said his younger brother was cured of asthmatic
problems after taking ‘fish medicine’ in Hyderabad.
Subramanian said city-based Bathini family distributed
fish prasadam or medicine every year on Mrigasira Karthi Day
in June, claiming that the prasadam can cure asthma.
Thousands of patients from across the country thronged
the city to take the fish medicine.
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