India slashes health budget, already one of the world's lowest

December 23, 2014 12:38 PM

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India slashes health budget, already one of the world's lowest

NEW DELHI (Reuters) - The Indian government has ordered a cut of nearly 20 percent in its 2014/15 healthcare budget due to fiscal strains, putting at risk key disease control initiatives in a country whose public spending on health is already among the lowest in the world.

Two Health Ministry officials told Reuters on Tuesday that more than 60 billion rupees, or $948 million, has been slashed from their budget allocation of around $5 billion for the financial year ending on March 31.

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