Context:
Recently, the Union government has signed loan agreements to borrow up to ₹13,879 crore to strengthen health infrastructure from international agencies. The loan agreements have been signed to augment PM-ABHIM.
More on news:
- The loan agreements have been signed with Asian Development Bank (ADB) for $300 million (₹2,474 crore) and with Japan International Cooperation Agency (JICA) for 50 billion Japanese Yen (₹3,162 crore).
- In addition, the World Bank has approved $1 billion (₹8,243 crore) IBRD loans.
About PM – Ayushman Bharat Health Infrastructure Mission (PM-ABHIM):
- Objective: To fill gaps in health infrastructure, especially in critical and primary care facilities.
- Focus Areas:
- Development of capacities of health systems and institutions across the continuum of care at all levels viz. primary, secondary and tertiary.
- Preparing Health systems in responding effectively to the current and future pandemics/disasters.
- It targets to build an IT enabled disease surveillance system by developing a network of surveillance laboratories at block, district, regional and national levels.
- Major inititiatives:
- Support for construction of 17,788 rural Health and Wellness Centres.
- Establishment of 11,024 Urban Health and Wellness Centres.
- Setting up 3,382 Block Public Health Units.
- Setting up of Integrated Public Health Labs in all districts.
Additional information:
About Asian Development Bank (ADB):
- It is a regional development bank established in 1966.
- It provides loans, technical assistance, grants, and equity investments to promote social and economic development.
- Headquarter: Manila, Philippines.
- Members: 68 members, 49 from within Asia including India
- Japan holds the largest proportion of shares in ADB followed by the USA, because Japan is one of the largest shareholders of the bank, the president has always been Japanese.
- It is an official United Nations Observer.
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News Source: The Hindu
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