Early Times Report
SRINAGAR, May 29: The State Government today issued for implementation the Healthcare Investment Policy-2019. This follows the State Administrative Council decision taken in this regard on March 8 last.
As per the new Health Care Investment Policy, the Government of Jammu & Kashmir will promote and encourage the private parties and entrepreneurs for setting up healthcare infrastructure in the state by providing subsidies and incentives. Accordingly, 30% subsidy on capital investment will be provided for setting up of multi-speciality Hospitals, Super Specialty Hospitals, Medical Colleges, Nursing Colleges and Paramedical Colleges.
Interest subsidy shall be provided @ 5% per annum on term loan subject to a ceiling of Rs 15 lakh per year for a period of five years from the date of operationalization of the project. Also, the subsidized power tariff rates shall apply as applicable to Industries Sector. 100 % subsidy on purchase and installation of DG sets with an upper ceiling of Rs 45 lakh.
For availability / allotment of land, the policy envisages, State Government shall through the J&K SIDCO and J&K SICOP as facilitators create the land bank and allot the land on the premium rates as applicable under Industrial Policy 2016.
Further, as per the Policy, one-time subsidy up to 25% of the cost incurred on imparting training to the Nurses and Paramedical staff will be provided by the State Govt. |
