PRESENTATION ON BUDGET

8/7/2019 PRESENTATION ON BUDGET

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INTRODUCTION

Health care is the diagnosis, treatment and

prevention of disease, illness, injury, and

other physical and mental impairments in

humans. Health care is delivered by

practitioners in medicine, dentistry, nursing,

pharmacy and allied health.


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BUDGET CONCERNING THE HEALTH

SECTOR

Allocation of overall funds increased by Rs 2,770 crore

Assess expenditure carried out under National Rural HealthMission

Uniform / concessional basic duty of 5% for all medicalappliances

Convergence of National Rural Employment Guarantee Act(NREGA) with wider health insurance coverage through Rashtriya

Swasthya Bima Yojana

Countervailing duty of 4% on all medical equipments, with fullexemption from special additional duty


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ALLOCATION FOR HEALTH SECTOR

An allocation of Rs 154.40 bn for National Rural HealthMission

The benefits under Rashtriya Swasthya Bima Yojana are

proposed to be extended to all.

The contributions to the Central Government Health Schemeare proposed to be eligible for a deduction under theIncome-tax Act.

An allocation of Rs 90 bn for National Rural Drinking WaterProgramme.


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CHANGE IN CENTRAL PLAIN OUTLAY

2009-10% 2010-11%

Ministry of health and family welfare 182.83 223.00

Department of Health and family welfare 172.03 210.00


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INCREASE IN HOSPITAL BED

0

5000

10000

15000

20000

25000

30000

India hospital bed

to population ratioof 0.7 per 1000people is muchbelow globalaverage 12.6 per

1000


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These account for about 18% of the overall

health spending and 0.9% of the GDP.However, a fee-levying private sector

services accounts for about 82% of the overallhealth expenditure and 4.2% of the GDP. It hasbeen found that private health service.


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IMPACT ON HEALTH SECTOR

The health sectors sales is expected to grow

by a healthy 25.6% IN 2010-11 AND 19.8%

in 2011-12 driven by healthy rise in sales.

Medical bills are expected to go up by 5 -10%

in drugs and medical equipments. Homeopathy

medications cost too would go up.


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WHAT IS HOSPITALITY

The hospitality industry consists of broad

category of fields within the service industry

that includes lodging, restaurants, event

planning, theme parks, transportation, cruise

line, and additional fields within the tourism

industry.


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PROPOSED BUDGET ON HOSPITALITY

SECTOR

SERVICE TAX OF 5% on room charges on hotel.

3% SERVICE TAX on air-conditionedrestaurants.


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TOURISM MARKET IN INDIA

. In 2010 the total number of foreign tourists

that arrived in India was 5.58 million and they

brought in a foreign exchange earning of Rs.

648.89 billion ($14.4 billion).


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MEGA TOURISM PROJECTS:

Mega Tourism Projects Mega Tourism Projects

are a judicious mix of

cultural, heritage, spiritual, and eco tourism in

order to give tourists a holistic experience.

MoT is coordinating with other Central

Government ministries such as Railways, Civil

Aviation, Road Transport & Highways, FoodProcessing and Urban Development


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FOREIGN TOURIST ARRIVAL

2007 = 5.08 million

2008 = 5.37 million

2009 = 5.11million 2010 = 5.38 million


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FOREIGN EXCHANGE EARNING:

0

10,000

20,000

30,000

40,000

50,000

0,000

70,000

2007 2008 2009 2010

foreign exchange earnings


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BUDGET IMPACT

Infrastructure growth

Readjustment of tax rate

Imposition of service tax on

hotels

Increase tax on airfares


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CONCLUSION

For the proper benefit of this allocation of

health and hospitality budget we have to follow

some points:

1. Proper maintenance of equipments

2. Proper use of allocated money

3. Proper distribution of salary


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THANK

YOU

PRESENTATION ON BUDGET

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