What's happening ?
The healthcare crisis in India:
Despite rapid economic growth and progressive interventions by government agencies, widening socio-economic divides present an alarming health crisis for the majority of
- Most villagers in rural India have not seen a doctor in 10 years
- 41% of practicing “doctors” do not have any kind of medical degree
- On routine doctor visits, less than 3% of patients are sufficiently tested
- 68% of patients receive unnecessary injections, most often containing vitamins, or saline.
- Every year, 100 million people suffer from treatable gastrointestinal conditions such as diarrhea, amoebosis, typhoid, infectious hepatitis, cholera, etc. More than 80% of these illnesses are water-borne.
- Malnutrition affects 85% of Indian children and kills more than 150,000 every year.
- Some studies suggest that 70% of families spend more than 50% of their annual income on health; 93% of this amount is spent on treatment of avoidable ailments and emergency care
How you can make a difference with your ideas : The Piramal Prize
A $25,000 Social entrepreneurship challenge that encourages and enables business ideas that democratize healthcare.
The competition asks for bold and creative innovations, will help you develop a business plan, and invests in viable new ideas.
- Mentors for all teams that express interest in mentor assistance and the support of an online community to fully develop their ideas.
- Finalists will have a chance to work closely with a mentor, network with potential investors, and make a final presentation to the Piramal Prize Selection Committee.
- Finalists will have access to IIM-A faculty, experts in healthcare, and will be encouraged to network with existing entrepreneurs and potential investors.
Entry Deadline: April 1, 2008
Make a difference NOW at http://www.piramalprize.org/