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Banks to remain Open on Saturday and Sunday for convenience of People: Government

Prime Minister Narendra Modi had on Tuesday announced demonetization of currency notes of Rs 500 and Rs 1,000 denomination

Reserve Bank
Reserve Bank of India. Twitter

New Delhi, November 9, 2016: The government said on Wednesday that banks will remain open on the coming weekend for convenience of people following its decision to demonetise currency notes of Rs 500 and Rs 1,000 denomination.

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“For public convenience, banks will remain open on coming Saturday and Sunday,” Economic Affairs Secretary Shaktikanta Das said in a tweet.

Economic Affairs Secretary Shaktikanta Das. Twitter
Economic Affairs Secretary Shaktikanta Das. Twitter

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Prime Minister Narendra Modi had on Tuesday announced demonetisation of currency notes of Rs 500 and Rs 1,000 denomination to tackle the menace of black money. (IANS)

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Rajnath Singh: Government is Willing to Double The Healthcare Budget

Government may soon double the healthcare budget, says Rajnath Singh

Union Home Minister Rajnath Singh
FILE IMAGE- Rajnath Singh.

Union Home Minister Rajnath Singh on Friday said the government is willing to more than double the share of healthcare sector to 2.5 per cent of the country’s GDP.

“Currently, the government spends 1.16 per cent of the country’s GDP on the healthcare sector. However, the Prime Minister has said the budget for healthcare can increase up to 2.5 per cent of the GDP,” Rajnath Singh said at the 64th Founder’s Day celebrations of Sir Ganga Ram Hospital here.

He said providing healthcare facility for the population of 125 crore “is not easy”. Challenges relate to both medical infrastructure and services including severe shortages of doctors, nurses and hospitals, he said, giving out comparative statistics of healthcare in India and the world.

Budget of Healthcare for 2018
Healthcare Budget 2018.

In India, for every 1,000 persons, there are 0.6 doctors, 0.8 nurses and 1.5 beds, whereas the world average is 1.2 doctors, 0.8 nurses and four beds, said the minister.

Citing Ayushman Bharat that promises to provide health coverage to 10 crore vulnerable families with an insurance of Rs 5 lakh per family per year, Rajnath Singh said: “This would require infrastructure. The government is working towards it so as to ensure affordable and universal healthcare.”

“Heavy investment would be required. The government will increase its investment in both preventive and promotive healthcare. But it is not possible for the government to do this alone. We are encouraging the private sector. We see them as strategic partners,” he said.

Also Read: Union Home Minister Rajnath Singh approves use of chilli-based PAVA shells as alternative to Pellet Guns for Crowd Controlling

Stressing that a “Healthy India” is a must to build a strong and prosperous India, he said that the Narendra Modi government is trying to provide free diagnosis and free emergency care at all government hospitals, even as it is planning big on medical tourism for people coming to India for treatment.

The Minister said several steps have been taken towards boosting medical tourism such as extending e-Visa to 161 countries and extending the duration of stay on e-Visa from 30 to 60 days allowing for triple entry in e-Medical Visa cases.

On Sir Ganga Ram and his hospital that was first established in Lahore in 1921 and later in Delhi in 1954, Rajnath Singh said: “He had a big heart. Sir Ganga Ram Hospital is the only institution that exists by the same name in our country and neighbouring Pakistan.”  IANS