The Union Budget, delivered by Finance Minister Arun Jaitley, may have disappointed some sections but it did have one big announcement. They’re calling it ‘Modicare’. So what is Modicare? Arun Jaitley in his speech said India was launching “the world’s largest government-funded healthcare programme”. He called it the National Health Protection Scheme (NHPS). But the media has given it a catchier name – Modicare.