IMPACT OF INVESTMENT IN THE HEALTH ON THE ECONOMIC DEVELOPMENT OF THE STATE OF RAJASTHAN

As we know “health is wealth” because health has a dimensional effect on the economy of a state. Health is an essential element of economic development, it affects the saving and income. Food expenditure and cost of treatment are health expenditure. Through this research paper we are trying to state the relation among the food expenditure, cost of treatment, saving and income. For that we collected 700 individual data from the 7 divisions of Rajasthan. These are Ajmer, Bharatpur, Bikaner, Jaipur, Jodhpur, Kota and Udaipur. This research paper main objective is to find out the effect of health expenditure on economic development of the state of Rajasthan.