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  • Budget has strengthened the health sector with increased outlay: Dr. Harsh Vardhan

    "The General Budget 2019-20 is a reflection of the pragmatism and visionary governance of our Prime Minister Narendra Modiji. It is development-oriented and people-centric. A landmark budget was presented today by the Finance Minister Smt. Nirmala Sitharaman with the agenda of "putting the nation first". This was stated by Dr. Harsh Vardhan, Union Minister for Health and Family Welfare while welcoming the Union Budget for the year 2019-20. Thanking the Prime Minister Narendra Modiji and the Finance Minister, Dr Harsh Vardhan further said that this is an inclusive budget which is pro-poor, pro-farmer, pro-downtrodden and for the development of all the sectors and the country at large.

    Dr Harsh Vardhan stated that the comprehensive Budget has taken care of all sectors be it agriculture, transport, infrastructure, the social sector, small and medium farmers, women and children, entrepreneurs, youth, senior citizens and safety of citizens. "It is focussed on the development of the rural areas while also ensuring that India looks towards the future with growth in digital sector and start-up India, he added.

    The Union Health Minister further stated that the budget for the Health Ministry shows an appreciable increase of more than18.67% increase in the total outlay. This reflects the importance accorded to the health sector in the country, he added. There is an additional Rs 9859.12 crore allocated in BE 2019-20 against BE 2018-19. The BE 2018-19 was Rs 52800 crore, whereas that of the current FY is Rs. 62659.12 crore, he said. The flagship programme, Ayushmman Bharat has seen an increase of 154.87% (Rs. 4956 crore) which covers the two pillars of Health and Wellness Centres (HWCs) and PMJAY. There has been an increase of 92.44% (Rs. 402.06cr) over previous year in the ASHA Benefit package, whereas an additional Rs. 450.01 (8.57% increase) has been allocated for immunisation, women and children.

    Dr. Harsh Vardhan said that as part of strengthening of the institutions, which form an integral pillar of health systems network in the country, the provision for Infrastructure Maintenance has been increased by 11.42%, whereas for PMSSY, an additional 4.58% has been allocated in BE 2019-20 over the previous FY. In addition, Rs.3000 crore will be raised through Higher Education Financing Agency (HEFA) for PMSSY Projects during FY 2019-20, he added. The allocation for the North Eastern Institutes increased by 77.12%.

    Also, as part of the Union Budget announced today, there has been an increase of 154.24% for FSSAI for strengthening of food testing system in the country including provision of Mobile Food Testing Labs. In addition, the basic excise duty been imposed on Tobacco and Tobacco products, which will help tobacco control efforts.

    The Department incurred an expenditure of Rs 52959.56 crore (i.e. 100.3% of BE 2018-19) during the last financial year.

    As Minister of Science & Technology, Dr Harsh Vardhan said the proposed National Research Foundation (NRF)is a grand step which shall provide an extraordinary direction for consolidation and expansion of research, technology development and technology led innovation, and a new fillip for fulfillment of the vision of Prime Minister's New India. As stated in the Union Budget, NRF will ensure that overall research ecosystem in the country is strengthened with focus on identified thrust areas relevant to our national priorities and towards basic science without duplication of efforts and expenditure.

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Flash News 20-Sep-2019
  •  ( 14:56) Rupee edged higher and trades at 71.0550  
  •  ( 12:23) Nifty moves above 11,200 mark  
  •  ( 11:34) Market spirals higher after FM announces tax measures  
  •  ( 11:11) MAT rate has been reduced from 18.5% to 15%  
  •  ( 11:00) Effective corporate tax rate after surcharge to be 25.17%:FM  
  •  ( 11:00) Corporate tax rate to be 22% without exemptions: FM  
  •  ( 10:45) FM slashes corporate tax rate for domestic companies  
  •  ( 08:52) Adani Transmission acquires Bikaner-Khetri Transmission   
  •  ( 08:31) Axis Bank sets floor price for QIP at Rs 661.50 per share  
  •  ( 08:13) Asian stocks trading higher  
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20 September 2019 00:00
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