Centre announced the world's largest government funded health care programme, aimed at benefiting 10 crore poor families by providing coverage of up to Rs 5 lakh per family per year for secondary and tertiary care hospitalisation.
Finance Minister Arun Jaitley today announced a national healthcare scheme for half a billion of India's poor citizens in a major giveaway to voters in the final full-Budget before the Lok Sabha elections next year
The Budget 2018 is "friendly" for all and will "strengthen the foundation of a new India", Prime Minister Narendra Modi said, adding that the budget has devoted attention to all sectors, ranging from agriculture to infrastructure to health.
The health care industry has also sought high investment in the diagnostics industry for early diagnosis of which in turn has the potential to improve productivity loss or delay onset of diseases or eliminate the necessity for tertiary treatment.
The outlay on healthcare increased by a healthy 28 per cent in the last budget and the allocation is likely to see a similar increase in the forthcoming budget as well, according to a report by rating agency Icra.