The Govt. of Japan has committed Official Development Assistance loan of an amount of JPY50 billion (approx. Rs. 3,500 crore) for the COVID-19 Crisis Emergency Response Support. This programme loan aims to support India's efforts in fighting COVID-19 and to prepare the health system to manage future epidemics and also to improve the resilience of India's health systems against infectious diseases. This Grant-in-aid from Government of Japan is for providing medical equipment to strengthen the public health and medical system in India. This will strengthen the health care facilities for managing critical and serious patients suffering from COVID-19 infection. India and Japan have had a long and fruitful history of bilateral development cooperation since 1958. In the last few years, the economic cooperation between India and Japan has strengthened and grown into strategic partnership. This further consolidates and strengthens the Strategic and Global Partnership between India and Japan.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
