With the budget allocations for the healthcare sector announced, the finance minister has laid special emphasis on the reforming of the hospital and healthcare centers by expanding the existing policies and introducing new policies. Here are some of the key decisions taken during the announcement of Hospital and Healthcare Budget 2020. Hospital and healthcare sector stocks were the prime focus while allocating the budget for the year 2020. Some of the major reforms are: The Finance Minister announced the Centre's plans to expand the government's flagship health insurance scheme Ayushman Bharat-Pradhan Mantri Jan Aarogya Yojana (PMJAY).
A budget of Rs 69,000 crore is allotted for the healthcare sector for the year 2020-21 Union Budget. Of this, around Rs 6,400 crore would be for the AB-PMJAY scheme , flat from last year. This year’s budget was a nearly 10% increase from the last year’s…
