NEW DELHI: The Economic Advisory Council to the Prime Minister (EAC-PM) today discussed possible modalities for implementing the world's largest health protection scheme announced in the Union Budget , said an official release.Finance Minister Arun Jaitley , in his Budget Speech on February 1, had announced that the government would launch a flagship 'National Health Protection Scheme' to cover over 10 crore households (about 50 crore people) by providing annual coverage of up to Rs 5 lakh per family for secondary and tertiary care hospitalisation. "Keeping in view the national health scheme announced by the government in the Budget for the year 2018-19 presented in Parliament on February 1, 2018, the EAC-PM discussed the possible modalities of implementing the scheme," said a release.The mega scheme is likely to be launched either on August 15 or October 2.It was the 4th EAC-PM meeting, chaired by Bibek Debroy , Member, NITI Aayog The release further said that Shamika Ravi, part-time member of the EAC-PM, made a presentation on health reforms.Another part-time member of the EAC-PM, Ashima Goyal, made presentation on the draft 'The Indian Fiscal - Monetary Framework: Dominance or Coordination? '.Poonam Gupta, Lead Economist - India, World Bank , made a presentation on 'World Bank Report on Indian Economy'.

Source: Economic Times February 12, 2018 12:45 UTC