PM Modi Announces Launch of World’s Largest Healthcare Insurance On Independence Day

With an aim to provide country’s poor access to quality and affordable healthcare, government on announced the launch of Ayushman Bharat (now Jan Aarogya Abhiyan) on September 25, covering 50 crore people. Nearly 10 crore families will get health cover worth Rs 5 lakh each year under the scheme. 
The announcement was made by Prime Minister Narendra Modi in his last Independence Day address from the ramparts of Red Fort ahead of the next Lok Sabha elections. The world’s largest healthcare cover plan that covers 10 crore families provides 5 lakh cover to them each year. The scheme has, of late, become popular as ‘Modicare’.
Source- DD News
Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • It was in Budget 2018 that Finance Minister Arun Jaitley had announced Ayushman Bharat — National Health Protection Scheme (NHPS).