NSDC, Apollo in healthcare training venture

NSDC has acquired a 27% stake in Apollo Mediskill for Rs.3.5 crore and provided it a soft loan of Rs.24.5 crore
Comment E-mail Print Share
First Published: Wed, Feb 06 2013. 06 21 PM IST
Apollo Mediskill expects to train 400,000 doctors, nurses, paramedics and support staff through its 47 skill centres.
Apollo Mediskill expects to train 400,000 doctors, nurses, paramedics and support staff through its 47 skill centres.
Chennai: Apollo Mediskill, a training company set up by the Apollo Hospital Group in association with the National Skill Development Council (NSDC), launched its first centre on Tuesday.
NSDC, which has been tasked with skill development by the government, has acquired a 27% stake in Apollo Mediskill for Rs.3.5 crore and provided it with a soft loan of Rs.24.5 crore.
Apollo Mediskill expects to train 400,000 doctors, nurses, paramedics and support staff through its 47 skill centres. The remaining investment in the Rs.40 crore venture will come from the Chennai-based hospital group.
Ailments such as diabetes, heart disease and cancer are rising and there aren’t enough healthcare professionals to meet demand, said Pratap Reddy, chairman of the company.
There is a need to double the number of doctors to 1.4 million, triple the number of nurses to 2.4 million and quadruple the number of paramedics and support staff to 2.5 million, he said.
Comment E-mail Print Share
First Published: Wed, Feb 06 2013. 06 21 PM IST
blog comments powered by Disqus
  • Wed, Oct 22 2014. 09 49 PM
  • Wed, Oct 15 2014. 11 40 PM
Subscribe |  Contact Us  |  mint Code  |  Privacy policy  |  Terms of Use  |  Advertising  |  Mint Apps  |  About HT Media  |  Jobs
Contact Us
Copyright © 2014 HT Media All Rights Reserved