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Not a single taker for Rs 50,000 crore scheme to set up hospitals in non-metro areas

November 1, 2022by admin

Not a single hospital has come up under a Rs 50,000-crore loan guarantee scheme started by the Centre in 2021 to help set up private hospitals or upgrade units in non-metro cities and towns despite two extensions.

Just about 7 percent of the sum has been allocated to two private entities under the Loan Guarantee Scheme for COVID-affected Sectors (LGSCAS) so far. The scheme, which was to have originally expired in March this year, was first extended for six months and then given another extension.

Sources say even the allocated sum under the scheme is yet to be utilised.

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