Jammu and Kashmir Government 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. (AIR)