AIIB in talks with India for financing of $8-billion health infra scheme

The Asian Infrastructure Investment Bank (AIIB), along with the World Bank and the Asian Development Bank, is in discussion with the Indian government for part-financing a $8-billion scheme for improving the health infrastructure at the district level to make the country better prepared for future healthcare challenges.

The Beijing-based multilateral funding agency had earlier approved a financial assistance of $1.2 billion for India to fight the Covid-19 pandemic.

"The Government of India has discussed about its ambitious scheme of strengthening the health infrastructure. It entails building health infrastructure in every district including upgrading of testing facilities with the Indian Council