The new college will be set up to address the critical shortage of specialists while giving a boost to medical education in the state, a spokesperson said.
This will be the first of the five new medical colleges that the Congress had promised in its poll manifesto, apart from upgradation of infrastructure, facilities and manpower in the existing medical colleges.
The chief minister gave at a meeting to review the functioning of medical and dental colleges in the state.
The proposed 200-bedded hospital-cum-medical college would be established over an area of 20 acre at a cost of nearly Rs 190 crore, of which 60 per cent share would be contributed by the Centre, while the remaining 40 per cent to be borne by the state government, he said.
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The recurring expenditure for maintenance and upkeep of the upcoming medical college would be Rs 45 crore annually, which would be exclusively borne by the state government.
The new medical college would have a faculty of six professors, 14 associate professors, 18 assistant professors, 17 tutors, 24 senior residents and 25 junior residents in various disciplines, including Anatomy, Physiology, Biochemistry, General Medicine, General Surgery, Obstetrics & Gynecology, Pharmacology, Orthopedics, Anesthesia, Forensic Medicine etc, the spokesperson added.
The chief minister suggested setting up of medical colleges in Punjab's interiors to reach out to students across the state.
He also informed the meeting that several industrialists had shown interest in setting up medical colleges and facilities in the state and his government was actively pursuing the same.
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