New Delhi: Finance Minister Arun Jaitley, in his Budget Speech 2015-16 on Saturday, announced an outlay of Rs 33,152 crore for health, with special emphasis on improving the public health sector.
The finance minister said the government will launch All India Institute of Medical Sciences (AIIMS) in Jammu & Kashmir, Punjab, Tamil Nadu, Himachal Pradesh and Assam in the fiscal year 2015-16.
“Keeping in view the need to augment services in Bihar, which already has an AIIMS, I propose to set up another AIIMS-like institution in that state,” Jaitley said in his budget speech in Parliament.
The finance minister also proposed to set up three new National Institutes of Pharmaceuticals Education and Research in Maharashtra, Rajasthan and Chhattisgarh.
“In Kerala, I propose to upgrade the existing National Institute of Speech and Hearing into a University of Disability Studies and Rehabilitation,” he said.
Jaitley further said that to promote public health, excise duty on cigarettes is being increased by 25% for cigarettes of length not exceeding 65 mm and by 15% for cigarettes of other lengths.
He said that excise duty on chassis for ambulances is being reduced from 24% to 12.5%.
The finance minister also announced an increase in limit of deduction in health insurance premium from Rs 15,000 to Rs 25,000. For senior citizens, it will be Rs 30,000, he said.