3. INTRODUCTION
The interim Union Budget for 2019-20 was announced by Mr Piyush Goyal, Union Minister for
Finance, Corporate Affairs, Railways and Coal, Government of India, in Parliament on February 01,
2019.
It was the last Budget of the Modi Government before the 2019 Lok Sabha elections. focuses on
supporting the needy farmers, economically less privileged workers in the unorganised sector and
salaried employees, The Government of India’s push towards better physical and social infrastructure.
Total expenditure for 2019-20 is budgeted at Rs 2,784,200 crore (US$ 391.53 billion).
4. Though it announces the launch of a few schemes such as Pradhan Mantri Shram-Yogi Maandhan
and Pradhan Mantri Kisan Samman Nidhi.
it also takes us through the various schemes already introduced by the Narendra Modi-led
government in the past year
The health and Hospitality sector is one of the major sector in every country, because only the
healthy people can contribute more to the economy.
The creation of healthiest people and the avoidance of illness is one of the major duty of the Govt.
Therefor our government is focusing more towards it.
5. HOSPITALITY SECTOR
• The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among
the services sector in India. Tourism in India has significant potential considering the rich cultural
and historical heritage, variety in ecology, terrains and places of natural beauty spread across the
country.
• Tourism is also a potentially large employment generator besides being a significant source of
foreign exchange for the country. During January-October 2018 FEEs from tourism increased 8.30
per cent year-on-year to US$ 23.54 billion.
• India is the most digitally-advanced traveller nation in terms of digital tools being used for
planning, booking and experiencing a journey, India’s rising middle class and increasing disposable
incomes has continued to support the growth of domestic and outbound tourism
6. HEALTH CARE SECTOR
• Healthcare has become one of India’s largest sectors - both in terms of revenue and employment,
healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical
tourism, health insurance and medical equipment.
• The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services
and increasing expenditure by public as well private players.
• Indian healthcare delivery system is categorised into two major components - public and private.
The Government, i.e. public healthcare system comprises limited secondary and tertiary care
institutions in key cities and focuses on providing basic healthcare facilities in the form of primary
healthcare centres (PHCs) in rural areas. The private sector provides majority of secondary, tertiary
and quaternary care institutions with a major concentration in metros, tier I and tier II cities.
7. ABOUT HEALTHCARE SECTOR
• The healthcare industry (also called the medical industry or health economy) is an aggregation
and integration of sectors within the economic system that provides goods and services to treat
patients with curative, preventive, rehabilitative, and palliative care.
• It includes the generation and commercialization of goods and services lending themselves to
maintaining and re-establishing health.
• The healthcare industry is one of the world's largest and fastest-growing industries. Consuming
over 10 percent of gross domestic product (GDP) of most developed nations, health care can form
an enormous part of a country's economy.
9. JAGAT PRAKASH NADDA
• born 2 December 1960 in patna
• The current union minister of Health and Family Welfare
member of Rajaya Sabha from HIMACHAL PRADESH Parliamentary Board
Secretary of Bharatiya Janata Party
• Earlier, he was a Minister in Himachal Pradesh Government. Nadda was first
elected to the Himachal Pradesh Legislative Assembly in the election of
1993,
• re-elected in 1998. During his first term, he served as the Leader of his party
group, from 1994 to 1998.
• He was the Minister of Health and Family Welfare in the 2007 elections.
10. HIGHLIGHTS OF THE UNION
BUDGET 2019-20
• World’s largest healthcare programme, Ayushman Bharat, was launched to provide medical treatment
to nearly 50 crore people.
• Allocation of Rs 61,398 crore for the health sector, an increase of more than Rs 8,000 crore from Rs
52,800 last year.
• The Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB – PMJAY) is allocated 6,400
crore, an increase of Rs 4,000 crore from last year.
• Close to 10 lakh people have been enrolled in the Ayushman Bharat scheme so far.
• Under the National Urban Health Mission, an amount of Rs 250 crore has been allocated for setting up
AB Health and Wellness Centres.
11. HIGHLIGHTS OF THE UNION
BUDGET 2019-20 -Cont.
• Under the National Rural Health Mission, an amount of Rs 1350 crore has been allocated for setting up
Health and Wellness Centres.
• For other health schemes like National AIDS and STD Control Programme funds were increased from
Rs 2100 crore to Rs 2,500 crore.
• Lakhs of poor and middle class people are also benefiting from reduction in the prices of essential
medicines through Pradhan Mantri Jan Aushadhi Kendras.
• There are 21 AIIMS (All India Institute of Medical Sciences) operating or being established in the
country presently. 14 of these 21 AIIMS have been announced since 2014.
12. HIGHLIGHTS OF THE UNION
BUDGET 2019-20 -Cont.
• 22nd AIIMS will be set up in Haryana.
• Another AIIMS which is likely to be set up in Darbhanga, Bihar has not been approved by the Cabinet
yet.
• The Aspirational Districts Programme is providing targeted development to the 115 most backward
districts of the country.
13. The hospitality sector was not given much priority in the current and
previous budget.
Sufficient funds where not available to health sector.
Lack of proper planning in healthcare sector.
DRAWBACKS
14. With initiatives under the flagship, Ayushman Bharat Programme such as Health Protection schemes and
creation of health and wellness centres were announced by Finance Minister Arun Jaitley.
Mr Arindam Haldar, CEO- SRL Diagnostics believes that with Prime Minister promising that the
government will more than double its public health spending to 2.5 per cent of gross domestic product
(GDP) by 2025 from 1.15% at present, all eyes are on the healthcare sector.
He believes that the last year has been a challenging one for India’s private healthcare providers, with
multiple headwinds impacting growth and profitability.
The overall sector has become less attractive for investments without which growth gets hindered
significantly.
EXPERT REVIEW ABOUT THE SECTORS
15. Dr Manoj Luthra- CEO, Jaypee Hospital
The government should focus on expanding insurance to middle class along with the lower strata
of society to allow access to super speciality healthcare. We are expecting that medical insurance
coverage in the country will be strengthened.
16. • Allocation of Rs 61,398 crore for the health sector, an increase of more than Rs
8,000 crore from Rs 52,800 crore last year.
• The Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB – PMJAY) is
allocated 6,400 crore, an increase of Rs 4,000 crore from last year.
• For other health schemes like National AIDS and STD Control Programme funds
were increased from Rs 2100 crore to Rs 2,500 crore.
• In 2018-19 Government has decided to allocate additional `600 crore to provide
nutritional support to all TB patients at the rate of `500 per month for the
duration of their treatment, but it was absent in the budget of 2019-20.
COMPARISON OF PREVIOUS BUDGET
WITH CURRENT BUDGET
