Governments around the globe, particularly in developing countries with significant concentration of the under privileged, play a pivotal role in providing and regulating health services. In India, the total healthcare expenditure, including that in the private sector, is estimated to be 3.9% of GDP, out of which effectively about one-third is contributed by the public sector. This contribution is low compared to other developing and developed countries. National Health Policy 2017 has proposed for this to be increased to 2.5% of GDP by 2025. Efficient NBFCs with deep domain understanding and clear sector focus are actively considering healthcare financing. They have an edge as they understand the entire life cycle of healthcare and pharma industry – cash flows, gestation period before return on investment and other nuanced parameters that affect the industry.

KEYWORDS: Craft Production, Market Levies, Rahdari, Overseas Trade, Mint Charges.