Govt to borrow ₹13,879 crore to strengthen health infra from international agencies

Tags: Government Schemes National News

Minister of State for Health, Dr Bharti Pawar in a written reply in the Lok Sabha said that the Government of India has signed loan agreements worth Rs 13,879 crore from international agencies to strengthen health infrastructure.

An overview of the news

• With whom the loan agreement has been signed are-

1. Asian Development Bank (ADB) ($300 million or Rs 2,474 crore).

2. Japan International Cooperation Agency (JICA) (50 billion Japanese yen or Rs 3,162 crore)

3. World Bank ($1 billion or Rs 8,243 crore)

• This loan has been taken to strengthen the Pradhan Mantri Ayushman Bharat Infrastructure Mission (PMABHIM) which is the largest health mission in India.

•  PMABHIM was launched to fill the gaps in the field of health infrastructure, especially critical and primary care facilities.

Pradhan Mantri Ayushman Bharat Infrastructure Mission 

• It is one of the biggest health schemes to strengthen the health care infrastructure in India.

• The mission was announced in the Budget 2021-22 with an outlay of Rs 64,180 crore.

• It was launched in October 2021 with an aim to provide comprehensive health services across the country.

• It aims to fill gaps in public healthcare infrastructure, especially in critical care facilities and primary care in urban and rural areas.