COVID-19: World Bank Approves $1 Bn Emergency Funds for India

by Aditi
COVID-19

The  Board of Executive Directors of the World’s Bank has approved a fast-track $1 billion to  India to cope up and to respond to COVID-19 pandemics and to strengthen its public health preparedness.

This is the largest ever help to the Bank of India for the health sector support. And this will cover all the states and UT across India and support the needs of infected people, emergency personnel, medical and service providers and many others.

The world Bank gave a statement that “The project will immediately enable the Government of India (GOI) to scale-up efforts to limit human-to-human transmission, including reducing local transmission of cases and containing the epidemic from progressing further. In parallel, interventions to strengthen the health system will be rolled out to improve the country’s capacity to respond to the COVID-19 epidemic and be better prepared to respond to emerging disease outbreaks, including transmission between humans and animals.”

 It includes the procurement of testing kits, make isolation wards- turn hospital beds into intense care unit beds, infection control and prevention, and purchase of ventilators, medicines, personal protective equipment will come under this project.

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