India signed 70 million US Dollar loan agreement with World Bank

Nov 23, 2012, 13:00 IST

Economy Current Affairs November 2012. Government of India on 22 November 2012 signed a 70-million US Dollar loan agreement with World Bank for financing the Karnataka Health Systems Development as well as Reform Project

Government of India on 22 November 2012 signed a 70-million US Dollar loan agreement with World Bank for financing the Karnataka Health Systems Development as well as Reform Project.

Primary objective of this project is improvisation of public-private collaboration, health services delivery and financial aid for vulnerable groups and underserved in Karnataka. The agreement was signed by the Joint Secretary, Department of Economic Affairs and India Operations Advisor of World Bank in New Delhi.

The components of the project include:

•    Strengthening present health programs of the Government of India
•    Innovations in the health financing as well as service delivery
•    Project management, evaluation as well as monitoring
Additional financing of this project is scheduled to be implemented till 31 March 2016.

Jagran Josh
Jagran Josh

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