Everyone talking about the budget 2024. The stocks prices were so high, the tax rate and what not. But what about Health? What does that have to get? What is Health Budget 2024? We will see one by one. Why is it important? See it like this, you and I go to hospitals, we buy medicines, we fall sick. Alll of the mentioned need money, if the budget makes it expensive or cheap, we will get affected.

What in store of the Health Budget of 2024?

In the Health Budget 2024, the Indian government has set aside ₹90,958.63 crore for healthcare. This is a very important amount & reflects the government’s commitment to improving public health services and funding health-related initiatives across the country.

About Each Department in Healthcare

While the commitment is there, the Health Budget 2024 is certainly one of those where each department will get something, let us see that.

The budget has given ₹87,656.90 crore to help with health and family care and ₹3,301.73 crore for health research.

The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) is getting more money this year, ₹7,300 crore, up from ₹6,800 crore last year. But the National Digital Health Mission (ABDM) will still get ₹200 crore, the same as before.

Health Budget 2024 and various missions

The National Health Mission (NHM) has been allocated ₹36,000 crore, highlighting the importance placed on improving health infrastructure at the grassroots level. Other programs get:

• ₹200 crore for the National Digital Health Mission (same as before)
• ₹36,000 crore for the National Health Mission (NHM)
• ₹2,732.13 crore for the Indian Council of Medical Research (ICMR), up from ₹2,295.12 crore
• ₹90 crore for the National Tele Mental Health Programme, up from ₹65 crore

Do Medicines prices reduce?

One major move in Health Budget 2024 is the low price for Cancer Medicine. Yes, you are hearing it correct!

The budget provides relief for cancer patients by exempting customs duty on three key cancer drugs. Wait wait! We are not yet done.

Additionally, the customs duty on components for X-ray tubes and digital detectors has been reduced, which is expected to lower the costs for these essential medical tools.

Why is knowing health budget of country important?

We all live in a world where health is very important, because it is also costly. Do you not agree? From a paracetamol to heavy medicines, they are around us. Knowing a country’s health budget is important because it tells us how much money the government invests in healthcare services and programs.

Knowing a country’s health budget is important because it tells us how much money the government invests in healthcare services and programs.

It shows whether the government allocates enough funds to hospitals, clinics, and health issues like disease prevention and mental health. This helps the public understand the health priorities the government sets and ensures accountability for its spending.

We hope you are now a little more knowledgeable and for any assistance and better health offers, contact us by dropping your query!