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.
What you get
Capital Subsidy
- 10% of bank loans for medical equipment (max ₹10 crore).
- Disbursed post-hospital operationalization.
Interest Subvention
- 4% interest relief on loans up to ₹40 crore for 7 years.
- Paid in 6 annual installments after a 1-year grace period.
Electricity Duty Reimbursement
100% reimbursement for 5 years (quarterly claims).
Employment Generation
Mandates 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.
Who can apply
The Following Entities Are Eligible
- Registered Doctors (Gujarat Medical Council).
- Partnership Firms, Companies, Trusts, Societies, Cooperatives.
Hospital Requirements
- 50+ Total Beds,including 10+ Super Specialty Beds.
- Covers Specialties Like Cardiology, Neurology, Oncology, etc. (List Expandable by Government).
Loan Conditions
- Only Loans for Construction/Equipment (Excludes Land/Working Capital).
Who cannot apply
Excludes Government/Semi-Government Bodies.
How to apply
Offline
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).
Documents to carry
- ₹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).
Details
Launched on 13th December 2016, the "Incentive Scheme for Establishment of New Super Specialty Hospital in Private Sector" by the Health & Family Welfare Department, Government of Gujarat, aims to address the shortage of high-end medical facilities in remote areas by incentivizing private and non-governmental organizations to establish super specialty hospitals. The scheme provides 10% capital subsidy on medical equipment loans (up to ₹10 crore), 4% interest subvention (max ₹40 crore loan) for 7 years, and reimbursement of electricity duty for 5 years. Eligible entities include registered doctors, firms, trusts, and corporations.