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Union Budget 2024: Budget fails to enthuse the healthcare sector
Updated On: 24 July, 2024 07:20 AM IST | Mumbai | Eshan Kalyanikar
One of the three references to the healthcare in the budget was limited to Bihar, the other was about duty cuts on certain cancer drugs and change in custom duty for parts used in X-ray machines
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One healthcare announcement in the budget is applicable only to Bihar. Representation Pic
There were only three healthcare-related announcements in Finance Minister Nirmala Sitharaman`s budget speech, with one applicable only to Bihar. This led healthcare professionals to deem the budget as maintaining the `status quo` with very little to look forward to.
A total of Rs 90,958.63 crore has been allotted for the health sector, with R87,656.90 crore allocated to the department of health and family welfare and R3,301.73 crore to the department of health research. The increase is a little over 12 per cent from the revised estimates of the previous year, however, it is still not 2.5 per cent of the GDP as it had promised in its National Health Policy, 2017.
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