Madhya Pradesh Health Sector Investment Promotion Scheme, 2016

Madhya Pradesh Health Sector Investment Promotion Scheme, 2016 

•  The Scheme aims to promote investment to establish –
�  Multi and Super Speciality Hospitals
�  Medical Colleges and
�  Post Basic Diploma in Speciality Nursing courses.
•  Who will get benefits –
�  New Projects and expansion of existing projects.
�  Any Project whose commercial operation started after  22/09/2012.
�  Expansion Project took place after 22/09/2012.
•  Benefits Under the Scheme –
�  Capital subsidy - 25% of total investment, subject to max Rs. 5 cr.  in cities with population more than 10 lakhs and Rs. 3 cr. in other  cities/rural areas.
�  Interest Subsidy – Up to Rs 30 lakhs
�  Training Subsidy - 25 percent of actual expenditure, subject to  max Rs. 25,000 for first two years.
�  Speciality Nursing Training Subsidy - Rs 25,000 for each successful  candidate for first three academic sessions.
•  Allotment of Land on Concessional Rate  -
�  The allotment of land shall be done by the department of  Revenue, GoMP     as per the Policy for Land Allotment issued on  30 th  May 2013.
�  Different criteria for allotment of Land on concessional rate -
within and outside the Municipal area.
�  Land shall be made available to the medical college at a premium
of Re 1 only, a minimum Investment of Rs 300 cr.  is mandatory.
�  The Investor who will avail land on concessional rate, shall not be
entitled for the Capital subsidy and Interest subsidy.
�  Hospitals to ensure 50 percent beds of total bed strength reserved
as General ward.
•  Process for applying –
�  Duly filled Application in prescribed format to be submitted to the
concern department.
�  Departmental committee headed by HC will examine and
recommend for sanction, final sanction to be issued by State Level
Empowered Committee headed by the CS.

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