HomeNewsBusinessBudgetBudget 2024: Health spending remains unchanged at 0.3% over a decade

Budget 2024: Health spending remains unchanged at 0.3% over a decade

Health capex has also remained unchanged, averaging 3.7 percent between FY22 and FY24. This year, however, capex in health is expected to see an increase.

July 03, 2024 / 09:24 IST
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Health Budget has remained unchanged
Health Budget has remained unchanged

Health spending has remained unchanged over the last decade, with the central government spending a mere 0.3 percent of the GDP on health, a Moneycontrol analysis shows.

Budget data indicates that health spending rose to 0.41 percent of the GDP during the pandemic but has since declined to 0.28 percent.

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Capital spending has also remained unchanged, averaging 3.7 percent between FY22 and FY24.