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PCMC to improve healthcare services with Rs 100-crore social impact bonds

Additional Municipal Commissioner Vikas Dhakane said the Pimpri-Chinchwad Municipal Corporation (PCMC) will enter into an agreement with the United Nations Development Programme (UNDP), which will serve as the intermediary.

Written by Manoj Dattatrye More | Pune |
Updated: August 14, 2021 11:29:52 am
Pimpri-Chinchwad Municipal Corporation

To improve healthcare services for the residents of Pimpri-Chinchwad, the civic body has decided to take recourse to social impacts bonds worth Rs 100 crore. Civic officials said the move is aimed at strengthening and bringing about drastic changes in the way medical and services are provided to the residents of the industrial city.

Additional Municipal Commissioner Vikas Dhakane said the Pimpri-Chinchwad Municipal Corporation (PCMC) will enter into an agreement with the United Nations Development Programme (UNDP), which will serve as the intermediary.

“We will not float the bonds. It will be done by the UNDP. We will get the required funds to complete our projects within a set deadline. Initially, we don’t have to pay anything. After the completion of the projects, will repay the amount in phases,” he said.

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A committee has been appointed for the projects’ implementation. It includes the municipal commissioner, additional municipal commissioner, chief accounts and audit officer, health department chief and the YCMH dean.

The committee has been bestowed with all powers to take decision. “The committee will carry out a three-party agreement with the UNDP and a private financial and investment firm. It will also draft the terms and conditions and recruit employees for health services,” Dhakane added.

He said the plan is at the initial stage. “We will have to put the proposal before the general body (GB) meeting. After the GB approves the proposal, we will sign an agreement with the UNDP,” he said.

The PCMC administration said the move will ensure major improvement in the medical facilities provided by civic-run hospitals. “At YCMH, we plan to set up two more operation theatres. Also, we plan to initiate major improvement in the medical services provided to pregnant women before and after delivery,” officials said.

In another move, the PCMC has planned to start a second centre offering free dialysis to kidney patients at the PCMC-run Thergaon Hospital. The PCMC standing committee on Wednesday approved the proposal, the civic administration said.

The civic body said the Om Jay Anand Charitable Trust has submitted a proposal to start the dialysis centre with seven machines.

“The trust is ready to provide free dialysis services to poor patients. Those who are not covered under any government schemes will be provided the free treatment. The PCMC will provide space and other facilities,” officials said.

At present, YCMH offers dialysis facility to around 6,000 patients at nominal charges every year.

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