Budget 2018: AYUSH Ministry’s Budgetary allocation increased by 13 pc

Budget 2018: The Union government today proposed in the Union Budget to increase the outlay for AYUSH Ministry by more than 13 per cent to Rs 1,626.37 crore. The allocation to the ministry in the previous Budget was nearly Rs 1,429 crore. The total expenditure on central sector schemes and projects carried out by the ministry has been estimated at Rs 71.36 crore.

budget 2018, budget date, budget 2018 india, India budget, Union budget 2018, budget 2018 expectations, budget 2018 date, budget 2018 speech, arun jaitley, arun jaitley speech, arun jaitley budget, budget allocation, rail budget, congress, economy, ayush, ayush ministry, health, researcg
Budget 2018: The Union government today proposed in the Union Budget to increase the outlay for AYUSH Ministry by more than 13 per cent to Rs 1,626.37 crore. (Image: Reuters)

Budget 2018: The Union government today proposed in the Union Budget to increase the outlay for AYUSH Ministry by more than 13 per cent to Rs 1,626.37 crore. The allocation to the ministry in the previous Budget was nearly Rs 1,429 crore. The total expenditure on central sector schemes and projects carried out by the ministry has been estimated at Rs 71.36 crore. For the year, 2017-18, it was Rs 68.86 crore, however in the revised Budget for last fiscal, it was increased to Rs 87.64 crore. The allocation has been increased for statutory and regulatory bodies – Central Council of Homoeopathy and Central Council of Indian Medicine in New Delhi, and autonomous bodies – such as All India Institute of Ayurveda, Central Council for Research in Ayurvedic Sciences, National Institute of Homoeopathy, Kolkata – under the ministry.

Also Watch: Union Budget 2018: FM Jaitley Announces National Health Protection Scheme For Poor Families

For statutory and regulatory bodies, the outlay is Rs 9.60 crore vis-a-vis Rs 7.99 crore in the last fiscal; while for autonomous bodies it is Rs 906.70 crore compared to Rs 804.30 crore in the previous budget. Under medical and public health head, the budget has been increased to Rs 1,041.14 crore compared to Rs 914.85 in the last fiscal.

Also Read: Budget 2018: Jaitley says government to achieve 9,000 km highway construction by end of FY18

Also read: Know how Arun Jaitley’s Budget 2018 will impact your tax liability with this Income Tax Calculator

The AYUSH Ministry is purposed with developing, education and research in Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express Telegram Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.