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Home / Business / Budget Quote | Prema Sagar, Founder Trustee, Genesis Foundation

Budget Quote | Prema Sagar, Founder Trustee, Genesis Foundation

“The finance minister in his budget speech today has rightly pointed that a only “Swasth Bharat can be a Samriddha Bharat”. Genesis Foundation welcomes the government’s move of allocating Rs 1200 crores to The National Health Policy that focusses on developing a comprehensive health care eco-system for all. The announced 1.5 lakh health centres have the potential to impact the health and wellness index of this country. In addition the government’s initiative of providing health care cover of Rs 5 lakh every year to 10 crore poor families is a step in the right direction.  In India, every year, approximately 1.8–2 Lakh children are born with Congenital Heart Disorders, approximately a third to a quarter (∼50,000) would need early intervention to survive the first year of life. If access to screening, early diagnosis and treatment is available, the baby has a 95% chance of survival with good long-term outcome. Genesis Foundation’s goal is to collaborate with these health centres and work closely with the government to give the little hearts a chance to live a healthy and happy life.”

About Genesis Foundation:

Genesis Foundation facilitates medical treatment for critically ill underprivileged children suffering from Heart Disorders. The support required in the said critical illness varies from specific surgeries (including neonatal), Cath Lab Interventions along with recovery and recuperation post-surgery.

We Save Little Hearts. 

So far, we have supported medical treatment of over 1400 critically ill children. The children supported by the Foundation belong to families with an income of less than Rs 10,000 per month and the parents and caregivers are unable to afford treatment of these children who suffer from a serious life-threatening ailment.

100% of funds raised are used towards the treatment of critically ill children as all overhead costs are borne by the Founder Trustees.

GF is registered under Section 12-A and 80-G of the Income Tax Act, which entitles 50% tax exemption. GF is also registered under FCRA allowing it to receive foreign funds.

To know more, visit – www.genesis-foundation.net.

  

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