Abstract
Mental illnesses have a significant impact on the lives of people not only because of their morbidity but also because of their noticeable impact on economic wellbeing. Out-of-pocket expenditure for mental healthcare services is significant in India and may even lead to impoverishment of the families. The present paper states that Health Technology Assessment (HTA) is necessary for mental healthcare primarily because of its rising cost and competing interests in government decisions and prioritization. HTA does a systematic evaluation of the consequences of using health technology. HTA will provide information to decision makers to develop and implement safer, cost-effective, and efficient policies at the individual and government levels. Appropriate guidance regarding the cost-effectiveness of mental health interventions will help to serve the purpose of providing transparent reports in the context of limited budgets.