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Govt approves creation of PM Swasthya Suraksha Nidhi as single non-lapsable reserve fund for health

Govt approves creation of PM Swasthya Suraksha Nidhi as single non-lapsable reserve fund for health SECTIONS Last Updated: Mar 10, 2021, 04:48 PM IST Share Synopsis The administration and maintenance of the PMSSN are entrusted to health ministry and in any financial year, the expenditure on such schemes of the MoHFW would be initially incurred from the PMSSN and thereafter, from gross budgetary support (GBS), the statement said. In the budget speech 2018, the finance minister while announcing Ayushman Bharat Scheme, also told about replacement of existing 3 per cent education cess by 4 per cent health and education cess. The Union Cabinet has approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of health from the proceeds of health and education cess levied under Finance Act, 2007, an official statement said. The salient feature of PMSSN is that it is a non-lapsable reserve fund for health in the public account and proceed

Cabinet approves creation of Pradhan Mantri Swasthya Suraksha Nidhi

Cabinet approves creation of Pradhan Mantri Swasthya Suraksha Nidhi March 10, 2021 Will be a single non-lapsable reserve fund for health Union Cabinet on Wednesday approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of Health from the proceeds of Health and Education Cess. The accruals into the PMSSN will be utilised for the flagship schemes of the Health Ministry including Ayushmann Bharat–Pradhan Mantri Jan Arogya Yojana (AB-PMJAY); Ayushman Bharat–Health and Wellness Centres (AB-HWCs); National Health Mission and Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) and also disaster preparedness, and responses during health emergencies.

What is Pradhan Mantri Swasthya Suraksha Nidhi single non lapsable reserve fund health scheme

URL copied Image Source : PTI Cabinet approves creation of Pradhan Mantri Swasthya Suraksha Nidhi as a single non-lapsable reserve fund for Health from the proceeds of health and Education Cess. The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of Health from the proceeds of Health and Education Cess levied under Section 136-b of Finance Act, 2007. Pradhan Mantri Swasthya Suraksha Nidhi scheme Benefits Enhanced access to universal & affordable health care through the availability of earmarked resources, while ensuring that the amount does not lapse at the end of the financial year.

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