close

ADB approves $1.5 bn loan to India for purchasing Covid-19 vaccines

The Asian Development Bank has approved a $1.5 billion (around Rs 11,185 crore) loan to India for Covid-19 vaccine procurement

Press Trust of India New Delhi
coronavirus, covid-19, vaccine, vaccination

The Asian Development Bank has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.

"ADB today approved a USD 1.5 billion loan to help the Government of India purchase safe and effective vaccines against the coronavirus disease (COVID-19)," ADB said in a statement on Thursday.

The Asian Infrastructure Investment Bank is expected to co-finance an additional USD 500 million for the project, it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Also Read

Can the Pfizer or Moderna mRNA vaccines affect your genetic code?

EU likely to decide on Moderna Covid shot for kids next week

European Union recommends Pfizer-BioNTech vaccine for 12-15 year olds

US FDA panel backs booster shot for elderly, high risk groups

Pfizer Covid booster shot likely to start by Sep 20 in US, says Fauci

New 'Botswana' variant is most mutated version of Covid virus: Experts

Over 18.5 lakh inoculated in MP during mega Covid-19 vaccination drive

Over 227.2 million Covid-19 vaccine doses available with States, UTs

Germany crosses milestone of 100,000 deaths from Covid-19 pandemic

India logs 9,119 fresh coronavirus cases, 396 more deaths in 24 hours

First Published: Nov 25 2021 | 2:34 PM IST

Explore News