Modicare hopes to provide medical insurance to about 500 million people across India. Critics of the scheme argue that Modicare is too big to succeed - it won't work because of its scale.
The Indian premier has hailed the scheme, saying "it will become an example" for the world. But others are critical, warning that similar initiatives had been bogged down by lack of infrastructure and state corruption.
Opposition parties are trying to stop Prime Minister Narendra Modi from winning a second term. But opinion polls suggest the Hindu nationalist leader could narrowly win the vote.
Given PM Narendra Modi's mixed track record on economy, it's unclear whether his party will be able to replicate in 2019 the landmark electoral success it achieved in 2014. A setback at the polls remains a possibility.
Proponents say the bill would save citizens some €8 billion in premiums. Lawmakers said the new bill was just; employers, however, called it a "socio-political sin," saying it would cost businesses €5 billion annually.
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