Proposal for investment of Rs.3,325 crore in health-care sector in Jammu and Kashmir

In Jammu and Kashmir, proposals for investment of Rs. 3,325 crore were received this year in the field of health care and medical education. Investment proposals of this level are considered encouraging as business activities in the Covid virus infection epidemic have been severely affected for almost a year. After abolishing the provisions of Article 370 of the Constitution and dividing Jammu and Kashmir into two Union Territories, Covid’s circumstances also led to the state’s health care and medical education sector attracting investment proposals.

Atal Dulloo, Finance Commissioner (Health and Medical-Education), Jammu and Kashmir, told PTI here, “Despite Covid, we have received proposals worth Rs 3,225 crore for investment in the field of health care and medical education in Jammu and Kashmir.” He said that due to the Covid-19 epidemic, the plan to hold a global investment conference in the state was forced to be canceled, but the field of health care and medical education has made new progress in attracting global investment. These proposals also include proposals for investment in the tourism sector based on healthy and healthy life.

HP Capital Ltd has submitted a proposal for a University of Advanced Technology in Kashmir and Jammu, a 350-bed hospital and a 700-bed hostel with an estimated investment of Rs.2,200 crore. The company intends to invest in both Jammu and Kashmir. It will provide employment to 6,000 people. Similarly, Apollo Hospitals Enterprises Ltd has proposed a 200-250 bedded hospital in Jammu with an investment of Rs 200-250 crores, which can provide employment to more than 1,200 people.