{"id":10311,"date":"2023-03-06T08:25:22","date_gmt":"2023-03-06T08:25:22","guid":{"rendered":"https:\/\/ncrfrontlinenews.com\/?p=10311"},"modified":"2023-03-06T08:25:22","modified_gmt":"2023-03-06T08:25:22","slug":"world-bank-signs-usd-1-billion-loan-to-support-indias-health-sector","status":"publish","type":"post","link":"https:\/\/ncrfrontlinenews.com\/?p=10311","title":{"rendered":"World Bank signs USD 1 billion loan to support India\u2019s health sector"},"content":{"rendered":"<p>New Delhi: The Government of India and the World Bank signed two complementary loans of USD 500 million each to support and enhance India\u2019s health sector development.<\/p>\n<p>According to a release by World Bank, this combined financing of USD 1 billion will support India\u2019s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across the country. In addition to the national-level interventions, one of the loans will prioritize health service delivery in seven states including Andhra Pradesh, Kerala, Meghalaya, Odisha, Punjab, Tamil Nadu, and Uttar Pradesh, the release said.<\/p>\n<p>The agreement was signed by Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Auguste Tano Kouame, Country Director, India, World Bank.<\/p>\n<p>\u201cThe COVID-19 pandemic brought to the fore the urgent need for pandemic preparedness and health system strengthening around the world and was a stark reminder that pandemic preparedness is a global public good,\u201d said Auguste Tano Kouame.<\/p>\n<p>\u201cThe two Projects are supporting India\u2019s decision to increase the resilience and preparedness of the country\u2019s health systems against future pandemics. This will be of great benefit for the populations of the states participating in the projects and will generate positive spillovers for other states,\u201d Kouame added.<\/p>\n<p>India\u2019s performance in health has improved over time. According to World Bank estimates, India\u2019s life expectancy\u2013at 69.8 in 2020, up from 58 in 1990\u2013is higher than the average for the country\u2019s income level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The Government of India and the World Bank signed two complementary loans of USD 500 million each to support and enhance India\u2019s health sector development. According to a release by World Bank, this combined financing of USD 1 billion will support India\u2019s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-10311","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-international"},"_links":{"self":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/10311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10311"}],"version-history":[{"count":1,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/10311\/revisions"}],"predecessor-version":[{"id":10313,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/10311\/revisions\/10313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/media\/10312"}],"wp:attachment":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}