CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Government aims to gradually increase the public health expenditure to what percent of Gross Domestic Product by 2025?
A
1.5%
B
3.5%
C
4.5%
D
2.5%
Explanation: 

Detailed explanation-1: -This would be achieved through increasing access, improving quality, and lowering the cost of healthcare delivery.” Accordingly, the Policy recommended an increase in the Government’s health expenditure from the existing 1.2 per cent to 2.5 per cent of GDP by 2025.

Detailed explanation-2: -Government spending at 3% of GDP on healthcare is a widely accepted norm. Even the 2021 Economic Survey recommended that government spending on health should rise to at least 2.5% to 3%. That it is far from this target is worrying.

Detailed explanation-3: -What is the key target of the National Health Policy by 2025? It aims to reduce premature mortality of cancer, cardiovascular diseases, chronic respiratory diseases and diabetes by 25% by 2025.

Detailed explanation-4: -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-5: -Government Spending to GDP in India averaged 15.10 percent of GDP from 1970 until 2021, reaching an all time high of 19.42 percent of GDP in 1986 and a record low of 11.81 percent of GDP in 1970.

There is 1 question to complete.