How much money, exactly? Healthcare's expensive; it costs time and money to train professionals and develop techniques and drugs, and there's no real measurable payout. Keeping people alive doesn't provide the sort of ROI that markets are interested in.
The situation in India is still such that the majority of people cannot afford any significant, additional outgoings in the case of medical emergency. You're therefore implicitly talking about a healthcare system that provides everything you're imagining at zero cost at the point of delivery, which means that the entire cost needs to be taken up elsewhere. In countries where this approach is actually taken, it requires considerable tax income and a relatively wealthy population to provide it, and India simply isn't anywhere near there yet.
Assuming you manage to get enough money into healthcare, what then? Solving that particular issue doesn't mean that the level of regulation will be automatically appropriate - it's regulation that determines where the money ends up, and whether you spend everything on extending the lives of those who can afford to pay you back, or broadly improve quality of life for everyone. There are still massive regulatory issues in the Indian system (particularly around safety standards), and the odd interesting advancement doesn't change that - nor is increased spending going to fix it. They're separate issues that need to be tackled in tandem.
The situation in India is still such that the majority of people cannot afford any significant, additional outgoings in the case of medical emergency. You're therefore implicitly talking about a healthcare system that provides everything you're imagining at zero cost at the point of delivery, which means that the entire cost needs to be taken up elsewhere. In countries where this approach is actually taken, it requires considerable tax income and a relatively wealthy population to provide it, and India simply isn't anywhere near there yet.
Assuming you manage to get enough money into healthcare, what then? Solving that particular issue doesn't mean that the level of regulation will be automatically appropriate - it's regulation that determines where the money ends up, and whether you spend everything on extending the lives of those who can afford to pay you back, or broadly improve quality of life for everyone. There are still massive regulatory issues in the Indian system (particularly around safety standards), and the odd interesting advancement doesn't change that - nor is increased spending going to fix it. They're separate issues that need to be tackled in tandem.