In a big relief to the cash-strapped ,NABARDhas agreed to grant loan to the tune of Rs 13,000 crore for construction of 16 new governmentmedicalcolleges in the state. Nabard will release the funds in a phased manner which will help the state government to put the medical college works on fast track. The works on three medicalcollegeswhich were cleared by the Centre have already commenced.
After giving an in-principle Consent to grant the loan for construction of medical colleges, Nabard is reported to have asked the state medical and Health department to submit theDetailed Project Reports(DPRs) of each and every college.
Though the Centre had sanctioned three medical colleges to the state, the works on the proposed healthcare institutions were lagging due to the paucity of funds.