Meet Khushboo Jain, Co-Founder, and COO, on how the health of an individual can impact the health of the economy

▴ health-impact-economy-khushboo-jain
“Though it’s not often that we associate Health so closely with the Economy, in reality, they are more connected to each other,” says Khushboo Jain on relation between health and economy.

While the COVID-19 pandemic has made people fear for their health, its second-biggest effect can be seen in the economy. Though it’s not often that we associate health so closely with the economy, in reality, they are more connected to each other than one would ever notice at first glance. Let us see how Khushboo Jain is helping the Indian patients find crowdfunding solutions who are struggling to fund their or a family member's critical illness be it cancer, transplant, accident, or any medical emergency through which is India’s leading healthcare financing platform for patients. 

Khushboo believes that by investing in our health, we are actually investing in our economy. She began an entrepreneurial career in the Healthcare sector and co-founded in July 2014 and since then has served as the company’s COO (Chief Operating Officer) and also heads ImpactGuru’s Communications, Design, and Brand teams. She is actively involved in the company’s marketing and communications strategies, community building activities, the ImpactGuru product users’ experience, and closely works with ImpactGuru’s work with the non-profitable sector. 

Recently Khushboo featured as one of the Top 15 winning women entrepreneurs at NITI Aayog and United Nations, 2019 Women Transforming India Awards

The role of health in the economy

We have all seen how the COVID-19 outbreak has had a big impact on various facets of everyday life. The fear of falling prey to the virus has led to almost a complete shutdown of the entire country, leading to drastic changes in the domestic as well as the global economy. Organizations and individuals have had to experience unprecedented changes in their operations.

Experts have estimated the cost of the 3-week lockdown in our country to be around USD $120 billion (approximately Rs. 9 lakh crore), which is around 4% of the GDP. It is easy to see how a single pandemic could push back the progress made by the developing and poor countries. It’s often stated that a country's population is one of its biggest resources, and with the lockdowns all around the world, it’s hard to disagree. As per a UNICEF report, in 2016, the rates of mortality were at 3 per 1000 births in high-income countries.

These countries also have longer life-spans and higher literacy rates, which show that there is a direct correlation between healthcare and income rates. Focus on personal hygiene and emphasis on one’s own physical and mental health are also prevalent in these nations, leading to a more effective working class.

India’s achievements

Khushboo talks about the progress India has made in terms of healthcare and hygiene, 

India’s progress has been far better. Indian doctors are at par with the best healthcare professionals in the world and the technology available today is also world-class. Public health issues like littering and improper sanitation have been addressed and strong campaigns have been launched to tackle other such issues. Now dealing with COVID-19, we have shown how we can still react well under pressure,” she says.

Can do better by taking steps further

Khushboo suggests that while India has had its own fair share of achievements, it could still do so much better, “On one hand, while we have world-class doctors and technology, on the other, they are not yet accessible to a large portion of our population, especially those in rural and remote places. Moreover, the cost of certain operations is still too expensive for a large proportion of those that are in dire need of them,” she says.

She also believes that the infant mortality rates could still be improved to a great extent, as a lot of these cases are preventable if the right facilities are made available in time.

The primary issue that we do have is of educating each generation about the importance of health and wellbeing, as well as breaking unhealthy, social, and cultural norms especially in rural areas, both of which still need a lot of work,” she says.

Private sector involvement

If private sectors see public issues like community health as their social responsibility, then it makes healthcare education a lot easier. 

When brands and companies focus on a social cause that is close to them, and which is correlated to the product/service they offer, it helps spread the brand’s message as well as create a positive social impact. Many companies have already associated themselves with a cause or a movement that is related to the health and education of the public. By getting more private sector involvement and investment in healthcare, we can give it a much-needed boost.

 Public responsibility

While healthcare may be a predominant concern for the Government and private sector, Khushboo believes that it ultimately boils down to individual responsibility. While many celebrities and influencers are actively involved with the Government for a number of causes to create a healthier environment, on an individual level, we need to change our attitudes towards health. How can we do that? By adopting common hygiene practices, by educating the people around us, as also putting an end to unhealthy practices, we are contributing to a better standard of living and a healthier environment too.

While the health and healthcare of a nation can’t change overnight, consistent efforts can help yield better results. For a country to function at its best, it needs its citizens to be functioning at their best, and that is only possible if health is considered as a priority,” she says.

Connect with Khushboo Jain on LinkedIn-

(Edited By Rabia Mistry)

Tags : #Economy #Health #Covid19 #rendezvous

About the Author

Rabia Mistry Mulla

'For vessels to change their course, they have to be hit by a strong wind first!'
So here I am penning down my thoughts on health and research after 6 years of planning Diets.
Being a Clinical Dietitian & a Diabetes Educator I always had a thing for writing, alas, been hit by the winds towards a new course!
You can write to me at [email protected]

Related Stories

Loading Please wait...

Trending Now

PM addresses the Nation today, announces free vaccinesJune 07, 2021
Why inhalers are best for treating asthma, well illustrated by Dr. Anil SingalMay 12, 2021
Dr. Rohan Palshetkar shares his invaluable insights about the Maternal Mortality Rate causes and improvements in India April 29, 2021
It is important to adopt a non-judgmental attitude towards any teenage girl seeking contraceptive advise suggests Dr. Teena Trivedi, Obstetrician and GynecologistApril 16, 2021
80% of the diseases are psychosomatic which means they have roots in the mind and this is where homeopathy steps in - It resolves physical ailments by finding the cause in the mind – Dr. Sanket Dhuri, Consultant Homeopath April 14, 2021
A futuristic Vision of a Healthcare Entrepreneur: Shyatto Raha, CEO, and Founder of MyHealthcareApril 12, 2021
Saher Mehdi, Founder and Chief Scientist at wellOwise talks about aspects making healthcare more equitable and reachableApril 10, 2021
Wide variety of therapies to address autism in children explained by Dr. Shilpa Jasubhai, Clinical PsychologistApril 09, 2021
Allopathic and Homeopathic medicines should not be taken together says Dr. Sunil Mehra, Homeopath ConsultantApril 08, 2021
The charm of homeopathic medicine is that it can be taken with conventional medicines – Dr. Shruthi Shridhar, Consulting Homeopath April 08, 2021
Dissociative Identity Disorder and associated concepts explained by Dr. Vinod Kumar, Psychiatrist and Head of Mpower - The Centre (Bangalore) April 07, 2021
Dissociative Identity Disorder explained by Dr. Shilpa Jasubhai, Clinical PsychologistApril 05, 2021
Sehat Ki Baat, Karishma Ke Saath- Episode 6 Healthy Diet For Boosting Metabolism Which Can Help Thyroid Patients April 03, 2021
Significant Pointers on Kidney Health by Dr. Santosh Waigankar, Consultant Urooncologist and Robotic Surgeon at Kokilaben Dhirubhai Ambani HospitalApril 01, 2021
Dr. Vaishal Kenia, Ophthalmologist Talks About the Different Possibilities Available for the Treatment of Glaucoma Depending Upon Their Type and SeverityMarch 30, 2021
No Definitive Role of Diet in Treatment of Lymphedema but Intake of Calories, Salt and Long Chain Fatty Acids should be controlled says Dr. Ramani CVMarch 30, 2021
Dr. Kiran Chandra Patro, Senior Nephrologist Talks About Dialysis as the Temporary Process and Not a Permanent Cure for the Patients of Renal DysfunctionMarch 30, 2021
Two out of three new chronic kidney disease patients are found to have diabetes or hypertension informs Dr. Sreeharsha HarinathaMarch 30, 2021
Glaucoma Treatment: Medications or Surgery? A valuable piece of advice from Dr. Pranay Kapdia, Chairman and Medical Director of Kapadia Eye CareMarch 25, 2021
Dr. Shraddha Satav, Consultant Ophthalmologist Recommends that Everybody After 40, Should Go for the Complete Eye Checkup at Regular IntervalMarch 25, 2021