Union Budget 2024 Rs.90171 Crore Allocated for Public Health Care

FM Nirmala Sitharaman presented the Interim Budget in the Lok Sabha today (01-02-2024). In her Budget speech, Ms. Sitharaman highlighted the Centre’s various programmes for women, youth and poor.

With Finance Minister Nirmala Sithraman announcing plans to set up more medical colleges and improve healthcare, good days may be in the offing for Indian healthcare companies. Allocation for public healthcare has been increased to Rs 90,171 crore in FY24-25, up from Rs 79,221 crore in FY23-24.

The Finance Minister said that the government will launch a programme to promote cervical cancer vaccination among girls aged 9 to 14. She extended Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to all ASHA and Anganwadi workers. There was no budget allocation in this regard.

The central government has been focused on providing holistic treatment through the integration of modern medicine practices and alternative medicine practices. Post Covid-19 pandemic, the government has been pushing the Ayush Sector to make a mark in the health care sector and for this the government has taken many initiatives in this sector and also provided increased investments. The budget for the Ayush Sector is increased by a total of INR 64.99 crores.

The Institute of Teaching and Research in Ayurveda has been allocated INR 144.05 crores, which is less compared to last year, when the institute received INR 150.13 crores. National Commission for Homoeopathy has seen an increase in the allocation, this year it got INR 20 crore as compared to last year's allocation of INR 12.67 crore, National Commission For Indian System Of Medicine allocated INR 32.43 crore as compared to last year's INR 23.45 crores. Central Council for Research in Ayurvedic Sciences got INR 413.54 crore, last year, it was INR 379.50 crore, Central Council for Research in Homeopathy got INR 144.00 crore as against INR 145.00 crore last year. Central Council for Research in Unani Medicine allocated INR 228.05 crore as against the INR 173.30 crore received in last year's budget. All India Institute of Ayurveda gets INR 227.20 crore as compared to last year's INR 235.15 crore.