Pradhan Mantri Swasthya Suraksha Nidhi is a single non-lapsable reserve fund for Health obtained from the proceeds of Health and Education Cess levied under the Finance Act, 2007.
Major Features
Non-lapsable reserve fund for Health in the Public Account
Proceeds of share of health in the Health and Education Cess are credited to this fund
The funds will be utilized for the flagship schemes of the Ministry of Health & Family Welfare such as Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), Ayushman Bharat - Health and Wellness Centres (AB-HWCs), National Health Mission etc.
Administered By: Administration and maintenance is entrusted to Ministry of Health & Family Welfare
Benefits
A dedicated fund and its timely availability will enhance access to universal & affordable health care.
Improved health outcomes will improve economic productivity, and reduce reduces productivity losses due to premature death, prolonged disability etc.
Investments in health will create employment opportunities, particularly for women, through an expansion in the workforce.
