NEW DELHI - The Indian government has announced a new hospital insurance protection scheme to help poor families cope with "catastrophic health events" in its annual budget, but has dismayed some industry players by ignoring longstanding calls for a significant increase in spending to fix the country's crumbling medical system.
Finance Minister Arun Jaitley raised the total health allocation by 13% to INR395bn ($5.1bn), including funds for traditional medicine, for...