Govt announces Rs 50,000 cr loan guarantee scheme for health infra

Additional Rs 23,220 crore allocated with a primary focus on paediatric care

Nirmala Sitharaman

Nirmala Sitharaman (Photo: ANI)

Ruchika ChitravanshiSohini Das New Delhi/Mumbai
Government on Monday announced a cover of Rs 50,000 crore for ramping up health infrastructure in tier-2 and 3 cities, and Rs 23,220 crore additional allocation with primary focus on paediatric care.

The loan guarantee scheme would provide 75 per cent coverage for new projects and 50 per cent for those in expansion mode. Maximum loan of up to Rs 100 crore would be given for up to three years at the interest rate capped at 7.95 per cent.

“Other than the eight metro cities, health infrastructure in all other areas will be focused. If the focus is on aspirational districts 65 per cent cover will be provided,” Sitharaman said.

First Published: Jun 28 2021 | 6:12 PM IST

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