The limited mention of the health sector in today’s budget speech is not surprising, given the substantial provisions already made in the Interim Budget.
With a focus on inclusive development for Viksit Bharat, the Budget reflects the government’s focus on the underprivileged, youth, farmers, and women. I would have liked to see more around innovative financing, more schemes around rural part of India.
Kochi: Tackling climate-change driven challenges found mention in the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on July 23. The budget pushes for energy security in several ways including building small nuclear energy reactors. Ways to tackle climate events also found place in it, with the central government’s proposal to fund research and development […]
The Union Budget 2024 has allocated ₹90,959 crore to the health sector, reflecting a substantial 12.6% increase from the previous year. The budget prioritizes the Department of Health and Family Welfare with ₹87,657 crore and the Department of Health Research with ₹3,302 crore. Ayushman Bharat-PMJAY FundingAyushman Bharat-PMJAY, which offers a health cover of ₹5 lakh […]
The Gender Budget, an annual financial statement of the total allocation to women-centric schemes, stands at ₹3.27 lakh crore in the 2024-25 Budget. This is a 31.46% increase from the 2023-24 Budget allocation of ₹2.38 lakh crore. The Gender Budget is divided into three parts. While Part A covers schemes with 100% provision for women, Part B […]
Finance Minister Nirmala Sitharaman unveiled the Union Budget 2024 on Tuesday, embracing a community-centric approach. One of the most significant and encouraging aspects for the health sector is the Budget’s focus on making medicines, particularly for cancer patients, more affordable. Three cancer drugs have been exempted from custom duties, significantly reducing their cost.
Union finance minister Nirmala Sitharaman on Tuesday announced a diversified energy plan focussed on small, modular nuclear reactors, rooftop solar plants, and the development of indigenous technology for Advanced Ultra Super Critical (AUSC) thermal power plants with much higher energy efficiency. In her Budget speech, Sitharaman said nuclear energy is expected to form a significant […]
Finance Minister Nirmala Sitharaman on Tuesday will table Union Budget 2024 at 11 am today. Himanshu Sikka, Lead – Health, IPE Global (international development consulting firm) highlighted that the upcoming Indian budget at the beginning of the third term of the current government is expected to address several key challenges in the health sector. According to Sikka, […]
Budget 2024 Highlights: In another five days, the much-anticipated Union Budget 2024-25 will be presented in the Lok Sabha by Union Finance and Corporate Minister Nirmala Sitharaman on July 23. Expectations have started flowing in from several sectors, including retail, real estate, Fintech, education, healthcare, edtech and others demanding tax reforms as well as more allocation […]
Nirmala Sitharaman is all set to announce the Union Budget 2024-25 on July 23. Climate change continues to be a growing threat to human health. According to the World Health Organization (WHO), climate change is directly contributing to humanitarian emergencies from heatwaves, wildfires, floods, tropical storms and hurricanes and they are increasing in scale, frequency and intensity. […]
Budget 2024, which is set to be presented on July 22nd, is set to accelerate the growth of Indian stock markets by as much as 20%, a recent survey by Bloomberg noted. While some respondents hope that the NSE Nifty50, which is currently trading at 24,273.35 points, might reach 26,000 points by the end of this year, others estimate the […]
Modi cabinet 3.0: As the Modi 3.0 government begins its term with Jagat Prakash Nadda assuming the charge of Union Health Minister, the spotlight is on the Bharatiya Janata Party’s (BJP) healthcare promises made for winning the 2024 Lok Sabha elections. While the saffron party promised a continuation and enhancement of past achievements in healthcare, […]
