New Delhi: Union Finance Minister Nirmala Sitharaman will current the Union Finances 2024 for the monetary yr 2024-25 on July 23. Sitharaman is about to create historical past by presenting the price range for the seventh consecutive time, which incorporates six full budgets and one interim price range.

The federal government makes some particular bulletins for the widespread folks in each price range. This time the federal government can double the variety of beneficiaries beneath its flagship Ayushman Bharat Well being Insurance coverage Scheme within the subsequent three years. It can begin by bringing all folks above the age of 70 beneath its ambit.

In accordance with media reviews, the central authorities might enhance the insurance coverage protection to Rs 10 lakh per yr within the Union Finances 2024. The report mentioned that in response to the estimate ready by the Nationwide Well being Authority, this proposal will price the federal government exchequer an extra Rs 12,076 crore per yr.

In accordance with the report, discussions are underway to double the beneficiary base beneath AB-PMJAY within the subsequent three years, which, if applied, will present well being cowl to greater than two-thirds of the nation’s inhabitants. Discussions are additionally underway to finalise a proposal to extend the protection quantity restrict from the present Rs 5 lakh to Rs 10 lakh.