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Net tax revenues rise 5 pc in FY21: Financial Minister Nirmala Sitharaman
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Net tax revenues rise 5% to over Rs 14 24 lakh cr in FY21: FM Nirmala Sitharaman
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Net tax revenues grew 5 pc in FY21 to over Rs 14 24 lakh crore: FM Nirmala Sitharaman
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Govt approves creation of PM Swasthya Suraksha Nidhi as single non-lapsable reserve fund for health
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Last Updated: Mar 10, 2021, 04:48 PM IST
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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