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Budget 2024: Common people will get good news! Modi government will increase insurance cover to Rs 15 lakh in the budget

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Budget 2024: Common people will get good news! Modi government will increase insurance cover to Rs 15 lakh in the budget

Budget 2024: The Government of India provides insurance cover to the common people. This insurance cover is given to the common people through the Pradhan Mantri Jan Arogya Yojana i.e. Ayushman Bharat (PMJAY) scheme. Government may increase PMJAY insurance cover in Budget 2024. Currently the government provides insurance cover of Rs 5 lakh to the common people under this scheme.


Budget 2024 : The Government of India provides insurance cover to the common people. This insurance cover is given to the common people through the Pradhan Mantri Jan Arogya Yojana i.e. Ayushman Bharat (PMJAY) scheme. Government may increase PMJAY insurance cover in Budget 2024. Currently, the government provides insurance cover of Rs 5 lakh to the common people under this scheme. The government can increase the insurance cover of PMJAY from Rs 5 lakh to Rs 10 to 15 lakh.

Government will increase insurance cover

The government can increase the insurance cover available under PMJAY from Rs 5 lakh to Rs 10 to 15 lakh. Also, under this scheme, a target can be set to include 60 crore people in health cover. Modi government had announced Ayushman Bharat in Budget 2018. Under this scheme, two targets were set, first to provide insurance cover of Rs 5 lakh annually to 10 crore families and second to build one lakh health and wellness centres.

These benefits are available under PMJAY

Under the scheme, free treatment facility is available in any government and private sector hospital of the country. Checkup can be done 7 days in advance and after discharge. Under the scheme, treatment of corona, cancer, kidney, heart disease, dengue, chikungunya, malaria, dialysis, knee etc. can be done.

Budget will be presented on 1 February 2024

Finance Minister Nirmala Sitharaman will present the Interim Budget on February 1, 2024. He has made it clear that there will be no big announcements in this budget. He has said that big announcements will have to wait till next year’s full budget. The full budget will come in July. Lok Sabha elections are going to be held in April-May 2024. After this, the new government formed at the Center will present the full budget.

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