The cabinet on Wednesday approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for healthcare in India.
Proceeds of health and education cess will be credited to this fund to be used for flagship schemes of the health and family welfare ministry.
Finance minister Nirmala Sitharaman, in her 2018 budget speech, had announced the Ayushman Bharat Scheme, replacing a 3 per cent education cess with a 4 per cent health and education cess.
The health ministry will administer the fund. Any programme to achieve India’s sustainable development goals and the targets set out in the