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Union Health Minister J P Nadda on Saturday said India has witnessed a substantial reduction in out-of-pocket expenditure on healthcare over the past decade, easing the financial burden on households, particularly among economically-vulnerable sections. He made these remarks while addressing the 8th convocation ceremony of Swami Rama Himalayan University in Dehradun. Highlighting the transformative strides made in India's health sector over the past 11 years, Nadda stated that the number of AIIMS has increased from 6 to 23, substantially expanding access to advanced tertiary healthcare services across the country. He further informed that institutional deliveries have risen to nearly 89 per cent, reflecting strengthened maternal healthcare systems. Emphasizing financial protection in healthcare, Nadda spoke about Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), which provides health cover of Rs 5 lakh per family. He stated that the scheme now benefits nearly 62 crore .
US employers added a surprisingly strong 1,30,000 jobs last month, but government revisions cut 2024-2025 US payrolls by hundreds of thousands. The unemployment rate fell to 4.3 per cent, the Labour Department said Wednesday. The report included major revisions that reduced the number of jobs created last year to just 1,81,000, weakest since the pandemic year of 2020, and less than half the previously reported 5,84,000. The job market has been sluggish for months even though the economy is registering solid growth. But the January numbers came in stronger than the 75,000 economists had expected. Healthcare accounted for nearly 82,000, or more than 60 per cent, of last month's new jobs. Factories added 5,000, snapping a streak of 13 straight months of job losses. The federal government shed 34,000 jobs. Average hourly wages rose a solid 0.4 per cent from December to January. The unemployment rate fell from 4.4 per cent in December as the number of employed Americans rose and the n