21st CII Annual Health Summit in New Delhi

Current Context: The 21st CII Annual Health Summit took place on December 19, 2024, at the Hotel Ashoka in New Delhi, India.

• It was organized by the Confederation of Indian Industry (CII) and chaired by Dr. Naresh Trehan, Chairman of the CII National Healthcare Council and Managing Director of Medanta – The Medicity.
• The theme of the summit was "Transforming Healthcare for 2047".
• The aim was to highlight the importance of public and private sector partnerships in transforming India's healthcare system to make it affordable and accessible for all citizens
• Here are the key highlights:
• National Medical Device Policy: Launched to strengthen infrastructure, promote research, and skill development in the MedTech sector.
• Funding Allocations: Rs 400 crore for medical device parks and Rs 500 crore for supporting MedTech industry growth through research and innovation.
• AI in Healthcare: Emphasis on AI-driven innovations to address healthcare challenges and improve delivery.
• Export Promotion: Creation of the Export Promotion Council for Medical Devices (EPCMD) and reconstitution of the National Medical Devices Promotion Council (NMDPC) to boost exports and industry collaboration.

Question:

1 Which policy was launched during the 21st CII Annual Health Summit to strengthen the MedTech sector?

• A) National Healthcare Policy
• B) National Medical Device Policy
• C) National Pharmaceutical Policy
• D) AI in Healthcare Policy

Answer: B) The National Medical Device Policy was introduced to enhance infrastructure, research, and skill development in the MedTech sector.