COVID-19 Emergency Response and Health Systems Preparedness Project 

  • IASbaba
  • May 12, 2020
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COVID-19 Emergency Response and Health Systems Preparedness Project 

Part of: GS Prelims and GS-II – International Relations

In News:

  • Recently, India and the Asian Infrastructure Investment Bank (AIIB) signed a $500 million “COVID-19 Emergency Response and Health Systems Preparedness Project” to strengthen India’s public health preparedness.
  • The project was launched in New Delhi, India. 
  • This is the first ever health sector support from AIIB to India.

Key takeaways:

  • This will cover all States and Union Territories across the country and 
  • It will address the needs of: 
    • infected people, 
    • at-risk populations, 
    • medical and emergency personnel and service providers, 
    • medical and testing facilities,
    • national and animal health agencies.
  • It will help strengthen the country’s Integrated Disease Surveillance Program and revamp infectious disease hospitals and medical colleges. 
  • It will be implemented by:
    • the National Health Mission (NHM)
    • the National Center for Disease Control (NCDC)
    • the Indian Council of Medical Research (ICMR) 
  • The Ministry of Health and Family Welfare will be the responsible Ministry for the program. 
  • The project is being financed by the World Bank and AIIB:
    • $1.0 billion – World Bank
    • $500 million – AIIB.

Important value additions:

The Asian Infrastructure Investment Bank (AIIB) 

  • It is a multilateral development bank
  • Mission: To improve social and economic outcomes in Asia by investing in sustainable infrastructure and other productive sectors. 
  • Headquarters: Beijing. 
  • It began operations in 2016

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