Maharashtra govt to take Rs 4000 cr loan from Asian Development Bank to set up medical colleges in 12 districts

Maharashtra government will take a loan of 4,000 crore rupees from the Asian Development Bank (ADB) for setting up medical colleges in 12 districts of the state. 

There are 12 districts in the state without a single medical college.

These districts include Jalgaon, Satara, Alibaug, Sindhudurg, Usmanabad, Parbhani, Amravati, Ratnagiri, Gadhchiroli, Bhandara and Ambernath.

Maharashtra Deputy Chief Minister Devendra Fadnavis had called a meeting of the Medical Education department yesterday, which was also attended by the representatives of the ADB.

Minister for Medical Education, Sports and Youth Affairs Girish Mahajan said, Asian Development Bank has agreed to provide 4,000 crore rupees for setting up medical colleges in these districts.

He said, the state government will soon complete the technical procedures to receive the funds. Mr Mahajan said that the target is to complete all of these projects within the next two years.