The Pink City is set to emerge as the next Medicare City. Approximately Rs.4.81 billion is likely to be invested for setting up of 5 state-of-the-art private hospitals to promote medical tourism in the State Medical tourism — patients traveling to a different country for either urgent or elective medical procedures — is rapidly becoming a worldwide, multibillion-dollar industry. Realizing the immense potential this industry offers, the Government of Rajasthan has approved the construction of 5 major hospitals in the private sector. Medi-city by the Anil Dhirubhai Ambani Group, Bombay Hospital, Dr. Rakesh Kedawat Hospital, Sea Rock Society Cancer Hospital and International Occology Cancer Hospital are the private hospitals which will come up in next three years. The State Medical Planning and Resource Committee approved this proposal. Committee Chairman Mr. Govind Sharma informed that the proposals for constructing the hospitals in the private sector were discussed in a meeting, and the officials of the respective companies have promised to set up these hospitals within 2 years. He said "we have approved the investment proposals of the 5 private hospitals which is approximately Rs.4.81 billion." The state's announcement of an investor-friendly medical policy in July may explain the investment proposals. The policy, with its tax-concession measures, was framed to promote investment in the state's medical sector. As per the policy, to get concessions and rebates, medical institutions would have to invest at least Rs.50 million. 10% of the total number of beds will have to be reserved for families below the poverty line, and these families will have to pay only 25% of the total amount incurred for complete treatment. New investors would also have to abide by environment rules for disposal of hospital waste. The Jaipur Development Authority would allot land for the five proposals, the officials added.

- Reliance Medi-Care (Anil Dhirubhai Ambani Group) the proposed Rs.2 billion Medi-City entails a 800 to 1,000-bed super-specialty hospital, a paramedical training center, an ayurvedic centre and other exclusive medical facilities - Bombay Hospital is proposed to come up with a 650-bed, multi-speciality hospital at Rs.1.5 billion - Dr. Rakesh Kedawat Hospital plans a 100-bed multi-specialty hospital at Rs.270 million - International Occology Cancer Hospital plans a 100- bed hospital at Rs.540 million - Sea Rock Hospital plans a 200-bed hospital at Rs.500 million

Source : Business Pulse