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01 Jul 2026
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Meghalaya Health Minister: Rs 200 Cr Loan for USTM Medical College Rejected
📷 Image: Wikimedia Commons / FrederickIIisg
Education

Meghalaya Health Minister: Rs 200 Cr Loan for USTM Medical College Rejected

✍️ India Today NE 🗓 01 Jul 2026, 02:17 AM 👁 2

Meghalaya's Health Minister has revealed that a proposal for an interest-free loan of Rs 200 crore for the USTM medical college was turned down.

The state of Meghalaya has rejected a significant financial proposal aimed at developing its medical education infrastructure. According to the Health Minister, a request for an interest-free loan amounting to Rs 200 crore was declined.

This loan was intended for the University of Science and Technology, Meghalaya (USTM) to establish and expand its medical college facilities. The decision to reject the proposal was communicated by the Health Minister, though further details regarding the specific reasons for the rejection were not immediately provided.

The development signifies a pause in the planned expansion of medical education resources for USTM, with the state government opting against the proposed financial assistance.