Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

AIIB to provide USD eight billion finance for health infra scheme

Monday, 03 Aug 2020
Share this on :
The Asian Infrastructure Investment Bank (AIIB) is in discussion with the Indian government for financing USD eight billion scheme for improving health infrastructure at district level.

The multilateral funding agency had earlier approved financial assistance of USD 1.2 billion for India to fight the COVID-19 pandemic.

The Centre has discussed about its ambitious scheme of strengthening health infrastructure. It entails building health infrastructure in every district including upgrading of testing facilities with the Indian Council of Medical Research (ICMR).

The Union Ministry of Finance is trying to put up a financing plan for this ambitious scheme and minute details are being worked out. If things work out, the financing by AIIB can be cleared in 2020 itself on a fast-track basis.

With regard to COVID-19 assistance, AIIB has approved two loans of USD 500 million and USD 750 million respectively.

The first loan of USD 500 million sanctioned in May 2020 was towards building a resilient health system that can effectively treat the patients and prevent its spread.

A USD 750 million loan was approved in June 2020 to help the government strengthen its battle against the adverse impact of the pandemic on poor and vulnerable households.

As of 16 July 2020, AIIB has approved up to USD 19.6 billion for 87 projects in 24 economies. Since its inception in 2016, AIIB has approved loans to the tune of USD 4.3 billion across 17 projects in India.

 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your free trial

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services