With the Madhya Pradesh government offering subsidies to private players to invest in healthcare and medical education sector, six major players have expressed their interest in setting up medical colleges in various districts of state.
All of these colleges will be based on Public Private Partnership (PPP) model.
The six players include D Y Patil Group, Pune; Vaishav Trust, Indore; RKDF, Bhopal and Christ Knowledge City, Kerala; Mansarvosar Group and Muskaan Samaj. The colleges would locate in Ratlam, Dewas, Indore, Bhopal, Satna, Sehore and Guna.
The state already has 12 medical colleges, including government-run ones.
As per the amended industrial policy of the state and considering healthcare sector as an industry, MP government will offer subsidy of a maximum of Rs 5 crore to an investor, who plans to open a medical, nursing or para medical college in cities with above 10 lakh population in the state. A maximum of Rs 30 lakh loan subsidy will be provided. Maximum 25 acre land will be allotted to medical college to be established outside municipal limits on Rs 1 premium.