Healthcare has become one of India's largest sectors - both in terms of revenue and employment. Healthcare comprises Hospitals, Nursing homes, Diagnostic centres, medical tourism, and medical equipments etc. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services and increasing expenditure by public as well private players. Further, India is a land full of opportunities for players in the healthcare industry. India's healthcare industry is one of the fastest growing sectors and it is expected secure exponential growth in view of the facts that large numbers of foreigners visits our country for their treatment. The country has also become one of the leading destinations for high-end diagnostic services with tremendous capital investment for advanced diagnostic facilities, thus catering to a greater proportion of population. Besides, Indian medical service consumers have become more conscious towards their healthcare upkeep. Keeping in view of the importance of the above, need is being felt to have specific scheme for financing to Health Care Industry.
Purpose/Objective:
- To meet the financial requirements for setting up of new/ expansion I renovation
I modernization of Nursing Home I Clinic I Hospital I Veterinary Hospital I Infrastructure for Medical Tourism including Pathological Laboratory, Diagnostic centres etc
- To purchase medical equipments (including Vehicles, ambulances and Implants) and office equipments, viz. computers, air conditioners, office furniture, etc.
Eligibility:
- Individuals (including Proprietorship firms) should have requisite qualification in any branch of medical science from a recognized University and having minimum qualification as MBBS I BOS (Dentist) I BHMS I SAMS I Veterinary I BPT/ BUMS .
- Further, Post Graduate or diploma qualification is mandatory for financing of specialized equipment like CT SCAN, MRI SCAN and PET Scan etc .
- All entities, i.e. MSMEs, Enterprises, Association of persons, Partnership firms, LLPs, Private Limited Companies, Trusts, and Societies engaged in providing
medical including veterinary I diagnostic services I to the Society having valid license .
- Further the units must have the required approvals and/or registrations from the statutory authority and have employed qualified doctors.
- In case of individuals, minimum experience required is 2years and if experience is less than 2 years then maximum Overdraft limit upto Rs. 1. 00 Crore shall only be sanctioned .
- In case of other than individuals, minimum stake of qualified doctors should be
75% and in case of Trust it should be minimum of 50%. Further, next sanctioning authority can relax this condition .
- All the statutory clearances I approvals shall be obtained in due course.