Health Sector Budget: Rs 62,659-cr outlay announced, highest in the past 2 FYs; Rs 6,400-cr earmarked for AB-PMJAY
Union Finance Minister Nirmala Sitharaman on Friday during the Union Budget 2019 announced Rs 62,659.12 crore outlay for the health sector in 2019-2020 fiscal, the highest in the last two financial years.
The private health care sector is responsible for the majority of healthcare in India, and most healthcare expenses are paid directly out of pocket by patients and their families.
Budget 2019 could veer towards populism; expect income tax rationalisation, higher deductions for healthcare and investment
Last year, personal income taxes were untouched and mutual fund investments were hit thanks to the return of the dreadful LTCG for equities
Budget 2019: Startup LetsMD seeks incentives for healthcare sector; demands measures to boost insurance penetration
Healthcare startup LetsMD on Friday sought incentives in the forthcoming Budget for setting up hospitals in smaller towns and cities, and also demanded measures to boost insurance penetration
The government may consider reducing customs duty on certain medical devices in the forthcoming budget with an aim to boosting domestic manufacturing of such goods
Budget 2019: Benefits, quota skewed towards minorities, 'majority' middle class ignored; will Jaitley remedy this?
What is worse is that the middle class which can invest in education finds that the quality of education in schools is so poor that the educated cannot find jobs very easily.
Senior citizens have their own geriatric needs. Unfortunately, section 80C doesn’t cater to them.
India can't achieve 8% annual GDP growth without reducing income and gender inequality and improving healthcare
India is one of the most unequal countries in the world, with the top 10 percent controlling 55 percent of the total wealth against 31 percent in 1980, according to the 2018 World Inequality report.
Healthcare sector may see further consolidation in 2019; more partnerships between public and private sector expected
Malaysia's IHH Healthcare has scalped 31.1 percent stake in Fortis for Rs 4,000 crore after months of intense competition and is in process of taking another 26 percent stake.
Cabinet approves plan for AIIMS in Tamil Nadu, Telangana; each facility to cater to 1,500 outdoor patients per day
The Union cabinet on Monday approved the establishment of two new All India Institute of Medical Sciences (AIIMS) — one each in Tamil Nadu and Telangana.
Medical devices industry plays a critical role in the healthcare ecosystem and is indispensable to achieve the goal of health for all citizens.
The health ministry has said the scheme will help in reducing expenditure on hospitalizations and help mitigate the financial risk arising out of catastrophic health episodes.