Finance Minister Arun Jaitley has announced its flagship national healthcare protection scheme. Modicare, as one can call it, will be the world’s largest government-funded healthcare scheme.
As part of the scheme, which is set to benefit approximately 50 crore people in the country, a medical insurance cover of Rs 5 lakh per year would be granted to 10 crore families in India.
Healthcare stocks at the moment are up after this big-ticket budget announcement.
Watch this space for updates.
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