This article first appeared in the Mint. The views are of the author(s).
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” —F.A. Hayek, The Fatal Conceit: The Errors Of Socialism.
NITI Aayog’s recommendation to improve access, reduce out-of-pocket expenditure, create infrastructure and augment capacity at district hospitals for non-communicable diseases (NCDs), is urgent and necessary. It deserves credit for recognizing that the public sector does not have the wherewithal to meet the NCD challenge and that the private sector is needed to address this gap. We highlight some remaining concerns.
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