Scheme for Government Support to Private Investment in Development of Medical College in Unserved Districts 2022
This scheme incentivizes private sector entities to establish medical colleges with at least 100 MBBS seats in 16 unserved districts of Uttar Pradesh. It offers interest subsidies up to Rs. 100 lakhs per year, seat-based financial assistance up to Rs. 5 lakhs per seat, and 100% exemptions on land conversion and stamp duty across three distinct public-private partnership modes.
Key Summary
- Ministry / Authority
- Department of Medical Education, Government of Uttar Pradesh
- Incentive Type
- Composite state package (interest subsidy + seat assistance + equipment subsidy + land/stamp exemptions)
- Incentive Rate
- Interest subsidy of 5% (max Rs. 100 lakhs/yr for 5 yrs); Seat assistance of Rs. 2-5 lakhs/seat/yr (max Rs. 10-25 lakhs/student over 5 yrs); 100% land conversion exemption; 100% stamp duty exemption; Equipment subsidy of 20% (max Rs. 1000 lakhs in priority districts under Mode C)
- Min. Investment
- —
- Application Deadline
- Open
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- Eligibility — eligible sectors & entities
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