Rajasthan announces perks for private hospitals to set up oxygen plants.
Rajasthan, which turned the primary state to announce a capital subsidy bundle for medical oxygen manufacturing items, has now began encouraging private hospitals to set up oxygen plants within the state.
The private amenities within the state can now avail the advantages of the federal government’s particular bundle, whereby the minimal funding standards has been relaxed.
Industries Minister Parsadi Lal Meena mentioned, “As there were requests from the medical fraternity for inclusion of hospitals establishing oxygen plants for incentives under the package, and lowering the investment bar for them, we have have now extended the benefits to private hospitals also, understanding the need of the hour. This step of the government will help equip us better for the future.”
The Industries Department has held fast rounds of discussions with the representatives of the state’s main private hospitals and has understood their necessities in setting up the oxygen plants.
Following this, the state authorities has determined to cowl private hospitals underneath the particular bundle that’s being provided to the enterprises.
Under this particular bundle, if any hospital is making investments for setting up a medical oxygen plant throughout the present fiscal, it will probably avail capital subsidy equal to 25 per cent of the investments made within the plant and equipment, or a capital subsidy equal to Rs 40,000 per nm3/hour or m3/hour of medical oxygen manufacturing capability, whichever is decrease, topic to a most of Rs 50 lakh.
For ease of understanding, the hospitals are required to set up a plant having at the very least eight nm3/hour medical oxygen manufacturing capability. i.e.. roughly 30 cylinders per day.
Similarly, enterprises aside from hospitals are additionally eligible to avail the advantage of capital subsidy equal to 25 per cent of the funding made in plant and equipment and tools, topic to a most of Rs 50 lakh.
Only buyers who’ve set up and commenced operations between April 30 and September 30 can avail the advantages of this particular bundle.
