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State health spending should be increased by over 8%: 15th Finance Commission
The 15th Finance Commission recommended that primary health care should be the number one fundamental commitment for states.
Representative image
The 15th Finance Commission of India for FY22-26, recommended in its report that health spending by states should be increased to more than 8 percent of their Budget by 2022.
Further, it also recommended that primary health care should be the number one fundamental commitment of each and every state and that primary health expenditure should be increased to two-thirds of the total health expenditure by 2022.
It has also recommended that the public health expenditure of the Union and states together should be increased in a progressive manner to reach 2.5 percent of GDP by 2025
15th Finance Commission recommends maintaining vertical devolution at 41 pc ANI | Updated: Feb 01, 2021 21:08 IST
New Delhi [India], February 1 (ANI): In order to maintain predictability and stability of resources, especially during the pandemic, the report of 15th Finance Commission (FC) on Monday recommended maintaining the vertical devolution at 41 per cent, the same as in its report for 2020-21.
The 15th FC s report, with 117 core recommendations, was tabled in Parliament on Monday.
According to an official release of Finance Ministry, the vertical devolution is at the same level of 42 per cent of the divisible pool as recommended by 14th FC. However, it has made the required adjustment of about 1 per cent due to the changed status of the erstwhile State of Jammu and Kashmir into the new Union Territories of Ladakh and Jammu and Kashmir.