The World Bank has approved a $1 billion loan for India’s Ayushman Bharat health scheme, which is aimed at providing free health insurance to more than 500 million people. The loan will be used to help finance the construction of hospitals and health facilities, as well as to purchase medical equipment and supplies.
The Ayushman Bharat health scheme is the world’s largest government-sponsored health insurance program, and it is expected to improve access to quality healthcare for millions of Indians. The World Bank’s loan is a vote of confidence in the program, and it will help to ensure its long-term success.
Important Points about this $1 billion loan from World Bank
– The World Bank has approved a $1 billion loan for India’s Ayushman Bharat health scheme.
– The loan cleared on June 28, 2022, comprises two complementary loans of USD 500 million each namely for “Transforming India’s Public Health Systems for Pandemic Preparedness Program (PHSPP)” and “India’s Enhanced Health Service Delivery Program (EHSDP)”.
– The loan will be used to help finance the construction of hospitals and health facilities, as well as to purchase medical equipment and supplies.
– The Ayushman Bharat health scheme is aimed at providing free health insurance to more than 500 million people.
– The loan will be used to help finance the construction of hospitals and health facilities, as well as to purchase medical equipment and supplies.
– The Ayushman Bharat health scheme is a flagship program of the Indian government that aims to provide free health insurance to more than 500 million people.
