Health services in MP get industry status to invite investors | bhopal | Hindustan Times
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Health services in MP get industry status to invite investors

To grant industry status to health services, a Health Service Investment Policy-2012 was endorsed by the state cabinet on Tuesday. Objective of the policy is to expand and promote health services in the state, said the cabinet in its meeting.

bhopal Updated: Sep 19, 2012 12:17 IST
HT Correspondent

To grant industry status to health services, a Health Service Investment Policy-2012 was endorsed by the state cabinet on Tuesday. Objective of the policy is to expand and promote health services in the state, said the cabinet in its meeting.

Under the policy, adequate facilities would be given to the investors. In this regard, separate rules and procedures will be chalked out according to Industrial Promotion Policy and it will be endorsed by the Apex Investment Promotion Empowered Committee constituted under Industrial Promotion Policy.

According to official spokesperson, capital investment subsidy amounting to 25% will be given on opening a minimum 100-bed hospital, medical college, nursing and paramedical school and college in cities with less than 10 lakh population. Its upper limit will be Rs 3 crore in cities up to 10 lakh population and Rs 5 crore in cities with more population.

According to the policy, an assistance of loan subsidy will be made available for establishment of micro, small and medium manufacturing industries. Its maximum upper limit will be Rs 30 lakh. Eligibility will be decided on the basis of number of beds. Maximum subsidy up to 25% will be given for skill upgrading and training of nursing and paramedical staff.

Annual fees of Rs 75,000 is prescribed for ANM training and Rs 1 lakh for staff training. All the hospitals and medical colleges with 300 or more beds will be upgraded to either super speciality hospitals or medical colleges. All these concessions will be available only when expanded capacity is 50% more than the basic capacity and new investment is 50% more than the original investment.

Multi super specialty and minimum 200-bed hospital and minimum 750-bed medical colleges will be considered as a major project and given subsidy on investment and loan. Subsidy worth 25% will be given on opening a multi, super speciality hospital and medical college in cities with up to 10 lakh population. Its maximum limit will be Rs 3 crore and loan subsidy Rs 30 lakh. On opening a multi, super specialty hospital and medical college in cities with above 10 lakh population, 25% investment subsidy will be given. Its maximum limit will be Rs 5 crore and loan subsidy Rs 30 lakh.

Under the policy, if multi and super speciality hospital is proposed in an area outside municipal limits then five acre land will be made available for 200-bed hospital and 10 acre for 500-bed hospital at 25% premium. Minimum limit of investment will be Rs 60 crore for a 100-bed hospital, Rs 80 crore for a 200-bed hospital and Rs 200 crore for a 500-bed hospital provided that investment is completed in five years.

Maximum 25 acre land will be allotted to medical college to be established outside municipal limits on R one premium. In it, minimum investment limit will be Rs 300 crore provided investment is completed in five years.

The Apex Investment Promotion Empowered Committee headed by the chief minister will have powers to take decisions pertaining to explanation and amendment in the policy. All the proposals received under the policy will be disposed of through TRIFAC under the single window system.