Union Budget 2020-21 allocated ______ crore for the overall healthcare sector

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answered Feb 28, 2022 by AvantikaJha (114k points)
selected Feb 28, 2022 by Kratikaathwar

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Correct Answer - Option 1 : ₹69,000

The correct answer is ₹69,000.

Union Budget 2020-21 allocated ₹69,000 crores for the overall healthcare sector.

Hospital and healthcare sector stocks were in focus after Finance Minister Nirmala Sitharaman announced the Centre's plans to expand the government's flagship health insurance scheme Ayushman Bharat-Pradhan Mantri Jan Aarogya Yojana (PMJAY).
The FM announced an allocation of Rs 69,000 crore for the healthcare sector in the 2020-21 Union Budget, slightly up from last year.
Of this, around Rs 6,400 crore would be for the AB-PMJAY scheme, flat from last year.

Under Ayushman Bharat, the government had also initiated a programme to set up 1,50,000 health and wellness centres (HWCs) by 2022.
Stocks of diagnostic companies like Dr Lal Pathlabs and Metropolis Healthcare were up in the range of 1.5-3.5 per cent in early trade.
The FM also re-iterated the government's commitment to eliminating tuberculosis from India.
Setting a target of 2025, Sitharaman said 'TB Harega- Desh Bachega'.
This is five years ahead of the Global Sustainable Development targets.