HEALTH, WELLNESS, AND MAKE IN HARYANA: AN EMPIRICAL STUDY
Good health has been universally recognized as the pre-requisite for quality of life, and thus, occupied a significant place in the process of inclusive growth of an economy. A simple channel through which health affects economic growth is by improving living conditions. Verifiable data have recorded that, improvement in wellness is strongly correlated to the growth of productivity and income. Therefore, investment in health and other related areas impacting people is not a matter of choice. Good Health care facilities and services are essential for creating healthy citizens and society that can effectively contribute to social and economic development. Haryana is committed to provide quality health services and raise the health status of its people. National rural health mission has been introduced in Haryana with a view to bring about improvement in the Health status of people specially those who live in rural areas of the country. Haryana compares favourably with the rest of India in terms of health indicators and over time, the indicators have improved sharply compared to other states. So an effort has been made in this paper to study the relationship between the health sector development, and real economic growth, in terms of health indicators, namely, crude birth rate, crude death rate, infant mortality rate and per capita government expenditure on health for the sample period spanning from 2000 to 2013. Multivariate regression model estimation technique is used for analysing this relationship and we found that the health sector development propelled by reduction in crude birth, crude death and infant mortality rates through efficient government spending on health, has the power to go a long way in achieving the noble initiative of ‘Make in Haryana’.
KEY WORDS: Health, Wellness, Economic Growth, Make in Haryana