Updated On: 05 November, 2018 10:15 AM IST | Mumbai | PTI
There is a prime need of social security buffer, not necessarily in the form the government was now providing, he said adding insurance companies are the gainers in the government-backed insurance schemes

Shashi Tharoor. Pic/PTI
Successive governments in India did not spend enough on education and health sectors both as a percentage of Gross Domestic Product and annual budgets, Congress MP Shashi Tharoor said on Sunday.
In the country, mostly the individuals spend for their treatment and the poor people end up losing everything for getting cured in the private healthcare space, Tharoor said at an interactive session organised by the Indian Chamber of Commerce here. Regarding the education sector in the country, he said it was "over-regulated".