Union Budget 2010 Impact on health sector

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While presenting the Union budget 2010 in parliament on February 26, 2010, the Finance Minister of India Pranab Mukherjee proposed various benefits for health sector of Indian economy. These initiatives are expected to have a significant impact on health sector in the current fiscal year.

Union Budget 2010 Impact on health sector

The Finance Minister in his Union budget 2010 speech called for the execution of an Annual Health Survey of all Indian districts in FY 2010-11. The findings derived from the review are expected to be of great assistance to the general public and for the future health proposals formulated by National Rural Health Mission. Going by the past records, NRHM had effectively filled the gaps in the deliverance of critical health facilities in rural districts.

In addition, the finance minister proposed to offer health facilities at household levels and in urban and rural areas. Since the implementation of the plan calls for utilization of important resources, he promised to locate those resources with the required support of the central government.

He also recommended a hike in monetary incentives for the Ministry of Health and Family Welfare to ` 22, 300 crore for the current fiscal year against the previous ` 19, 534 crore.

Incentives to Central Government Health Scheme (CGHS) have also been permitted as deductions within the entire limit for tax rebate along with incentives to health insurance plans which are presently permitted as deductions under the Income Tax Act.

Last updated on : 15-05-2011

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