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As per the notification, the new medical colleges will be established in three different Districts of the State namely Chikkamagaluru, Haveri and Yadgiri.
Under the scheme, the Central and State Governments share 60% and 40% cost respectively of the approved cost of the establishment of medical colleges.
The three colleges in the state have been approved to be established at the cost of Rs. 325 crores each of which Centre will bear Rs. 195 crores while the state will bear the cost of remaining 130 crores for each of the three colleges.