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State News

May 30, 2019
2:24PM

J&K: Govt unveils Healthcare Investment Policy-2019

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Jammu and Kashmir Government yesterday unveiled Healthcare Investment Policy-2019. 

This follows the State Administrative Council decision taken in this regard on March 08, 2019. 

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. 

The State Government, as per the policy, may declare a well-defined geographical area having potential and being conducive for development as Medical City to promote medical tourism in the State.

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