Budget allocation of AYUSH ministry hiked by 8% - homeopathy360

Budget allocation of AYUSH ministry hiked by 8%

Union budget 2017 allocates Rs1,428.65 crore for AYUSH ministry amid the government’s increased focus on promoting alternative medicines.

New Delhi: AYUSH ministry would receive around 8% more funds in the next fiscal amid the government’s increased focus on promoting alternative medicines.
In the Union budget for the fiscal 2017-18 announced by finance minister Arun Jaitley on Wednesday, Ayush ministry has been allocated Rs1,428.65 crore for the financial year, starting 1 April this year. The total outlay for the ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) in the previous budget stood at Rs1,326.20 crore.
Of this, the maximum budget allocation is for medical and public health which stands at Rs914 crore as compared to Rs860 crore in the previous budget.
Also, funds to the tune of Rs440 crore have been earmarked for the national AYUSH mission, while Rs175 crore have been allocated to Central Council for Research in Aurvedic Science.
The Central Council for Research in Unani Medicine has been allocated Rs123 crore in the AYUSH ministry’s budget for the next fiscal.

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