Mr S Srinivasan
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LOCOST: bringing medicines within the common man’s reach
Medicines make up 50-60% of healthcare costs in India, and they are unaffordable for most. About 2 lakh people fall below the poverty line every year due to one health shock, and the biggest expense here usually turns out to be medicine. LOCOST is a collective effort initiative of like-minded people, many of whom were doctors practicing community medicine in remote rural areas.