Admin
... Read More
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookie Policy.
Written By: Admin | Updated : March 13, 2012 7:24 AM IST
Health,one of the country's biggest social indicators did not get its due in last year's budget with spends as less as 1% of GDP, totaling to Rs 24000 crore. The PMO, at a high level review some days back, had fixed India's health budget at 2.5% of the GDP. This was mentioned by the PM during a recent speech at a function to celebrate the polio success story.
The sector was celebrating the announcement, when the Planning Commission announced that it is more likely that the healthcare sector will only get a modest 13-15% jump from last year's allocation taking it to around Rs 27000 crores. The sub-7% growth has adversely affected the revenue collections and the UPA Government's planned welfare programmes.
However, officials are optimistic about good allocations flowing in from 2013-14. The bigger chunk of the allocation was planned for 2013-14 anyway, they said.
