Govt. Schemes launched in Union Budget 2018-19 - Part I

By Neeraj Mishra|Updated : June 9th, 2018

On 1st February 2018, the Union Finance Minister Arun Jaitley presented Union Budget 2018-19. During the presentation of the budget Finance Minister announced some important schemes for the welfare of the people and farmers of the country. 

Below are the schemes which are announced in the Budget 2018-19 - 

  • KUSUM scheme
  • Ayushman Bharat Scheme
  • Operation Green
  • National Bamboo Mission (NBM)
  • Gobar Dhan Yojana
  • Affordable Housing Fund (Kifayati Aawas Yojna)
  • Ekalavya Model Residential School
  • Revitalising Infrastructure and Systems in Education (RISE)
  • Prime Minister Fellowship Scheme

Note:

  • In April 2018, Indu Bhushan appointed as the Chief Executive Officer (CEO) of the Centre's ambitious Ayushman Bharat National Health Protection Mission (ABNHPM).
  • West Bengal became the first state to opt out of the National Health Protection Scheme unveiled in the Union Budget 2018-19.

In the first part of the article, we are providing you with a detail information on KUSUM & Ayushman Bharat Scheme. 

KUSUM Scheme

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With an aim to promote the use of solar power among farmers, Finance Minister Arun Jaitley announced the KUSUM Scheme in the Union Budget 2018-19. 

  • 'KUSUM' stands for -  Kisan Urja Suraksha Evam Utthaan Mahaabhiyan”.
  • Objective: The main objective of the scheme is to encourage farmers for solar farming across the country. 
  • Benefits – Govt. will provide Solar Agricultural Pumps to the farmers.
  • Target – Doubling farmers income by 2022.

Key features of the scheme:

  • The scheme will not only benefits the farmers across the country but also help them to ensure less consumption of electricity during the agriculture farming.
  • Installation of grid-connected solar power plants each of capacity up to 2 MW in the rural areas;
  • Building 10,000 MW solar plants on barren lands.
  • Solarising existing pumps of 7250 MW as well as government tube wells with a capacity of 8250 MW.
  • Distributing 17.5 lakh solar pumps.

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Budget Outlay 

  • Total Amount to be spent for Kusum scheme is Rs. 1.40 Lakh Crore.
  • The Central Financial Assistance (CFA) for the scheme will be Rs 48,000 crore for 10 years.
  • The government will provide 60% subsidy on solar pumps to farmers.
  • It will be shared between Centre and States while 30% will be provided through bank loans.
  • The balance cost will be borne by farmers. Farmers have to pay only 10% of the budget.

Ayushman Bharat Scheme

With an aim to provide comprehensive health care services to the people of the country, Finance Minister Arun Jaitley announced the Ayushman Bharat Scheme in the Union Budget 2018-19. 

Ayushman Bharat Scheme: It is a major health scheme through which various medical and wellness facilities will be served to the people of the country. Prime Minister Narendra Modi launched the scheme on the occasion of Dr B.R. Ambedkar Jayanti (14 April 2018) at Bijapur District of Chhattisgarh.

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During the Union Budget 2018, two major initiatives in the health sector as part of Ayushman Bharat programme announced by the Finance Minister Arun Jaitley. The scheme will be implemented all over the country within a duration of 2018 to 2022.

  • Ayushman Bharat Scheme is not a single scheme but it is a combination of 2 major Health scheme.

1. Health and Wellness Centre

2. National Health Protection Scheme

Health and Wellness Centre

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Under this 1.5 lakh centres will bring health care system closer to the homes of people. The main purpose of establishing these health centres is to provide comprehensive health care.

  • Budget - The Budget has allocated Rs.1200 crore for this flagship programme.

National Health Protection Scheme

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National Health Protection Scheme will cover over 10 crore poor and vulnerable families.

  • It will have 50 crore beneficiaries.
  • Under this scheme, a medical financial assistance of Rs. 5 lakh per year will be given to every family.
  • This scheme will be world’s largest government-funded health care programme.

Key features of the scheme:

  • Medical insurance – A medical insurance cover of Rs. 5 lakh per year will be provided to every family covered under this scheme.
  • PremiumA premium of Rs. 2000 will be there every year, which will be borne by the Central and state government.
  • 60% of the premium will be borne by the Central government whereas the remaining 40% will be done by the state government.
  • Around 100 million poor families will be covered under Ayushman Bharat Yoana 2018.

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