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Asian Development Bank approves Rs 22-cr grant to India to combat Covid-19

The grant will be used to procure thermal scanners and essential commodities to strengthen the India's Covid-19 response

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Coronavirus | Outbreak of COVID-19 | Lockdown

Press Trust of India  |  New Delhi 

Coronavirus, doctors, hospitals, ventilators, covid
The CARES programme is funded through the COVID-19 pandemic response option (CPRO) under ADB's Counter-cyclical Support Facility

Multilateral funding agency on Wednesday said it has approved USD 3 million (about Rs 22 crore) grant to India from its Asia Pacific Disaster Response Fund to further support the government's emergency response to pandemic.

The grant, which is financed by the Japanese government, will be used to procure thermal scanners and essential commodities to strengthen the India's response, (ADB) said in a statement.

"The new grant complements ADB's ongoing support to the Government of India in strengthening its response. This support will enhance disease surveillance and help in early detection, contact tracing, and treatment. This will be further supplemented by other public health measures," it said.

On April 28, approved USD 1.5 billion COVID-19 Active Response and Expenditure Support (CARES) programme to support India in its immediate pandemic response efforts, including disease containment and prevention, as well as social protection measures for the poor and economically vulnerable, particularly women and disadvantaged groups.

The CARES programme is funded through the COVID-19 pandemic response option (CPRO) under ADB's Counter-cyclical Support Facility.

CPRO was established as part of ADB's USD 20 billion expanded assistance for developing member countries' pandemic response, which was announced on April 13.

(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.)

First Published: Wed, July 29 2020. 15:56 IST
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