While the windfall tax on petroleum crude has been raised, the tax on diesel and aviation fuel has been kept zero.
India raises windfall tax on petroleum crude to ₹3,200 per tonne
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Four macro trends in India’s health spending
Four macro trends in India’s health spending
India's per capita health spending is at its highest in real terms and the share of out-of-pocket health spending is declining, according to National Health Accounts data. Private health insurance spending shows the highest growth, but 77% of people were not covered by it in 2017-18, and the trend of falling out-of-pocket spending seems to have reversed course in 2019-20. State spending on health is 1.45 to 2.18 times central spending, but both need to increase spending to meet the target of spending 2.5% of GDP on health. Supply inadequacies are a key driver of people choosing private facilities over public ones.
