The Indian Wire » Business » Asian Development Bank approves $3 million grant to India to ramp up combat against deadly coronavirus

Asian Development Bank approves $3 million grant to India to ramp up combat against deadly coronavirus

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Under its Asia Pacific Disaster Response Fund (APDRF) the Asian Development Bank (ADB) has approved a $3 million grant to India to support the government’s emergency response to the coronavirus disease (COVID-19) pandemic.

Government of Japan has financed the grant, which will be used to purchase thermal scanners and essential commodities in order to strengthen the Indian Government’s COVID-19 response.

ADB Director for Human and Social Development for South Asia Sungsup Ra said, “ADB has been constantly supporting India to fight the deadly virus and this grant will add on, it will be further supplemented by other public health measures. The assistance will enable the Government to manage the crisis better

ADB on April 28th ratified USD 1.5 billion COVID-19 Active Response and Expenditure Support (CARES) programme in order to support India in its immediate pandemic response efforts, including disease containment and prevention, as well as social safety measures for the poor, especially women and disadvantaged communities.

The CARES programme is funded through the COVID-19 pandemic response option (CPRO) under ADB’s Counter-cyclical Support Facility.

CPRO was established as part of ADB’s USD 20 billion expanded assistance for developing member countries’ pandemic response, which was announced on April 13.

Meanwhile, India recorded 48,513 fresh coronavirus infections and 768 deaths linked to the highly contagious illness in the last 24 hours, which takes the country’s tally to 15, 31,669 cases, the Union Health Ministry said this morning. 

A total of 9, 88,029 patients in the country have recovered so far and 34,193 have died since the beginning of the pandemic, government data shows. Today’s spike in cases comes a day after India crossed 15 lakh cases.

The highest number of cases were recorded in Maharashtra, Tamil Nadu, Delhi and Gujarat. However, in states like Andhra Pradesh, Karnataka and Uttar Pradesh cases are increasing rapidly. Only 700 new Covid-19 cases were reported in Mumbai, while Pune recorded a spike of 2,618 cases.

Worldometer has recorded 247,233 new cases worldwide in the past 24 hours. 

16,883,445 people around the world have been tested positive for coronavirus. While recovery stands at 10,445,764 and 662,470 have died so far.

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Arbaz Khan

aspiring entrepreneur and financial market enthusiast with a zeal to learn and get better with each passing day

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