By: Lauren Codling
INDIA on Thursday (1) announced a national healthcare scheme for half a billion of its poorest citizens in a major giveaway to voters in the final budget before a general election. Finance Minister Arun Jaitley said India’s most vulnerable families would be able to access up to 500,000 rupees ($7,855) a year for hospital cover through the initiative. India spends a little over one percent of its GDP on public healthcare — one of the lowest proportions in the world — a sum the government is aiming to increase to 2.5 percent by 2025. The government currently provides 30,000 rupees…
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