‘Mega health plan may cost Rs. 1 lakh cr. a year’

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Mains Paper 3: Economy | Government Budgeting

From UPSC perspective, the following things are important:

Prelims level: National Institute of Public Finance and Policy

Mains level: The government has recently announced an ambitious healthcare plan in the Budget 2018. The research paper discusses some financial issues related to the same announcement.


News

Possible cost of implementing healthcare plan of the Budget 2018 

  1. According to a research paper, the healthcare plan for the poor announced in the Budget will cost about Rs. one lakh crore annually
  2. And it will also curtail States’ autonomy in designing their own policies in the sector
  3. The research paper is published by the National Institute of Public Finance and Policy

Other particulars of the research

  1. Assuming that 60% of this burden would be borne by the Union Government and the rest passed on to the States, the Union Government would still need to fork out an additional Rs. 60,000 annually

Back2baiscs

 National Institute of Public Finance and Policy

  1. The National Institute of Public Finance and Policy (NIPFP) is an autonomous research institute under India’s Ministry of Finance
  2. Based in New Delhi, India, the centre conducts research on public finance and contributes to the process of policy-making relating to public finance
  3. The NIPFP also works jointly with the Department of Economic Affairs at the Ministry of Finance to research the effects of past economic policy
  4. NIPFP is overseen by a governing board comprising a chairman and representatives from the Ministry of Finance, Planning Commission of India and Reserve Bank of Indi
  5. Vijay Kelkar is the present chairman and Rathin Roy is the present director of the Institute
  6. The previous director was M. Govinda Rao
Health Sector – UHC, National Health Policy, Family Planning, Health Insurance, etc.
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