Jammu and Kashmir to woo global investment in healthcare

Jammu, October 11

As the much-hyped global investors’ summit came to sudden halt due to the Covid-19 pandemic, Jammu and Kashmir’s health and medical education department is in the fresh process to attract global investment into health care setup, including health and wellness tourism, in the Union Territory.

The department is eyeing on an initial investment of Rs 1,000-2,000 crore in the private sector for building modern healthcare institutions in Jammu and Srinagar to provide the best health services to public.

The Jammu and Kashmir State Administrative Council (SAC) on March 9, 2019, approved the “State Health Care Investment Policy-2019” aimed at promoting private parties and entrepreneurs to set up healthcare infrastructure in the state.

Financial Commissioner, health and medical education, Atul Dulloo said, “Three major investment proposals have come to us and they are under process.”

Under the global summit, meeting would be held with top players in the health sector across the country very soon, he said.

J&K is the only UT that has no major and middle-level chain of hospitals operating in the rest of the country. Except Batra hospital in the private sector, nearly 97 per cent of healthcare needs are met by public health institutes, reveals a latest report on manpower audit in the health department, underlying importance of the government healthcare system in the state. — PTI