Prime Minister Narendra Modis government last year set a target of raising annual health spending to 2.5% of Indias GDP by....., from 1.15% now-one of the lowest proportions in the world.

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Prime Minister Narendra Modi’s government last year set a target of raising annual health spending to 2.5% of India’s GDP by____, from 1.15% now-one of the lowest proportions in the world.

A	2025
B	2020
C	2022
D	2030

Explanation:

Detailed explanation-1: -In keeping with this objective, Central and State Governments’ budgeted expenditure on the health sector reached 2.1 per cent of GDP in FY23 (BE) and 2.2 per cent in FY22 (RE), against 1.6 per cent in FY21.

Detailed explanation-2: -New Delhi: The central and state governments’ budgeted expenditure on healthcare touched 2.1 % of GDP in FY23 and 2.2% in FY22, against 1.6% in FY21, as per the Economic Survey 2022-23 tabled in Parliament by finance minister Nirmala Sitharaman on Tuesday.

Detailed explanation-3: -This is when the National Health Policy, 2017 envisages raising public health expenditure to 2.5 per cent of the GDP in a time bound manner by 2025.

Detailed explanation-4: -U.S. health care spending grew 2.7 percent in 2021, reaching $4.3 trillion or $12, 914 per person. As a share of the nation’s Gross Domestic Product, health spending accounted for 18.3 percent.

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