YEIDA News:  The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday announced that it has chosen to give 100 acres in Yeida Sector 11, close to Noida International Airport, for the medical college and hospital of the Employees' State Insurance Corporation (Esic).

This location was chosen by Esic because of its proximity to the National Capital Region (NCR), which is home to around 5.65 million insured persons (IPs), or 15–16% of Esic's total beneficiaries. Of them, 1.586 million live in Gautam Budh Nagar, 1.492 in Delhi, 1.479 in Gurugram, and 1.093 in Faridabad.

“The 100 acres will be allotted free of cost for the medical college and hospital. The authority had already secured consent from local villagers for land acquisition, and the proposal would be presented to the Yeida board on March 28 for formal approval,” said Arun Vir Singh, chief executive officer of Yeida.

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Esic gave in-principle approval to the establishment of medical colleges in ten places, including Noida, at its 194th meeting on October 8, 2024. This choice is consistent with the commitment made by Prime Minister Narendra Modi on Independence Day in 2024 to add 75,000 more medical seats during the next five years. Esic is launching a national initiative to build ten new medical schools in an effort to increase access to medical education.

Currently, ESIC serves 144.3 million beneficiaries nationwide through its 165 hospitals, 1,574 dispensaries, and many affiliated institutions. More than 40 million people are anticipated to be Esic insured by March 2025, bringing the total number of people covered under the Social Security Code 2020 to over 160 million.

Esic is positioned to become a major player in medical education, second only to the Indian government, with a number of medical education institutes currently in place.