Incentive Scheme for Establishment of New Super Specialty Hospital in Private Sector
The scheme offers financial incentives (capital subsidy, interest subvention, and electricity duty reimbursement) to private/NGO entities establishing new super specialty hospitals (50+ beds) in Gujarat, targeting underserved areas.
About This Scheme
Benefits
₹10.0 Cr · quarterly
- 10% of bank loans for medical equipment (max ₹10 crore).
- Disbursed post-hospital operationalization.
- 4% interest relief on loans up to ₹40 crore for 7 years.
- Paid in 6 annual installments after a 1-year grace period.
100% reimbursement for 5 years (quarterly claims).
Employment GenerationMandates hiring qualified medical/paramedical staff.
Disbursement- Capital Subsidy: After Equipment Installation and Hospital Launch.
- Interest Subvention: Annual Installments Post 1-Year Grace Period.
- Electricity Reimbursement: Quarterly Claims.
Eligibility
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Required Documents
- ✦₹20,000/- Scrutiny Fee (Demand Draft).
- ✦Bank Loan Sanction Letter (for Construction/equipment).
- ✦Property Documents (if Applicable).
- ✦Deed of Undertaking (₹100/- Stamp Paper) Committing to:
- ✦7-year Operational Continuity.
- ✦Compliance With Staffing and Service Norms.
- ✦Electricity Bills (for Duty Reimbursement).
✦ Required ◦ Optional
How to Apply
Step 1: The interested applicant should take a printout of the prescribed format of the application form.
Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to - Commissioner, Health & Medical Education, Dr. Jivraj Mehta Bhavan, Gandhinagar. Pay ₹20,000/- scrutiny fee via Demand Draft.
Step 4: Request a receipt or acknowledgement from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date of submission.
Approval & Verification
- State-Level Committee scrutinizes applications.
- Technical Group conducts physical inspections.
Compliance
- Submit quarterly utilization reports.
- Maintain services for 7 years (penalty: repayment if violated).
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 Cr
