Asian Development Bank Releases $21.6 Million for Mizoram Healthcare Scheme
Published
The Asian Development Bank (ADB) has released the first tranche of $21.6 million for a universal healthcare scheme in Mizoram, a state in northeast India. The money will help the state move closer to its goal of providing healthcare to all of its residents.
The funding is divided into two parts: a grant and a loan. A grant is money that does not have to be paid back, while a loan must be repaid over time. Dividing the support in this way allows the state to use both types of funding for its health programmes.
The main aim of the programme is to strengthen universal healthcare coverage in Mizoram. This means that more people in the state should be able to get the medical care they need, without facing serious financial difficulty. Officials are expected to use the funds to improve health services across the state.
The release of this first tranche shows the continued support of the ADB for healthcare development in India's northeastern region. Further payments are expected as the programme moves forward.
Sources: www.nationpathindia.com
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