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Intro : Ayushmaan Bharat Yojna :
In 2018, the Government of India launched the ‘Ayushman Bharat’ scheme (as outlined by the National Health Policy 2017) to make healthcare services more accessible and affordable to citizens and aid the country in achieving its target of universal health coverage (UHC) by 2030.
The following are the two key components of Ayushman Bharat :
Establish Health and Wellness Centres (HWCs): Launched in February 2018, the scheme aimed to provide extensive healthcare services to citizens closer to their homes by establishing 1,50,000 Health and Wellness Centres (HWCs)
Pradhan Mantri Jan Arogya Yojana (PM-JAY): Launched in September 2018, the scheme aimed to offer secondary and tertiary care services to the vulnerable population in the society. The policy aimed to offer medical coverage of Rs. 5 lakh (US$ 6.63 thousand) per family per year for secondary and tertiary care hospitalisation to >10.74 crore poor and vulnerable families (i.e., ~50 crore beneficiaries), which constitute the bottom 40% of India’s population.
The government’s increased focus to invest in the country’s healthcare infrastructure and establish India as a global healthcare hub will further expand accessibility of healthcare services to the Indian population and strengthen the overall healthcare system. According to NITI Aayog, the Indian healthcare sector is likely to expand at a CAGR of 22% (3x) in 2016-2022 to reach US$ 372 billion in 2022, from US$ 110 billion in 2016. The government expenditure on healthcare increased by 137% YoY (Rs. 2,23,846 crore (US$ 30.70 billion)) in BE 2021-22, as against Rs. 94,452 crore (US$ 12.95 billion) in BE 2020-21. The government is planning to increase public health spending to 2.5% of the country's GDP by 2025, from 1.8% in 2020.