New Delhi: The World Bank and India on Friday signed two complementary loans of USD 500 million each to support and enhance the country's healthcare infrastructure. Through this combined financing of USD one billion (about Rs 8,200 crore), the bank will support India's flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across the country, the multilateral funding agency said in a statement.

'One of the loans to prioritise health service delivery in 7 states'

In addition to the national-level interventions, one of the loans will prioritise health service delivery in seven states including Andhra Pradesh, Kerala, Meghalaya, Odisha, Punjab, Tamil Nadu, and Uttar Pradesh, the World Bank said. The agreement was signed by Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs and World Bank India country director Auguste Tano Kouam, it said.

'Projects to increase resilience & preparedness of healthcare systems'

The two projects are supporting India's decision to increase the resilience and preparedness of the country's health systems against future pandemics, it said, adding that this will be of great benefit for the population of the states participating in the projects and will generate positive spillovers for other states.

India's performance in healthcare sector

India's performance in health has improved over time. According to the World Bank estimates, India's life expectancy stood at 69.8 in 2020, up from 58 in 1990 which is higher than the average for the country's income level. The under-five mortality rate (36 per 1,000 live births), infant mortality rate (30 per 1,000 live births), and maternal mortality ratio (103 per 100,000 live births) are all close to the average for India's income level, reflecting significant achievements in access to skilled birth attendance, immunisations and other priority services.

'COVID-19 underscored need for developing capacity for core public health functions'

Despite these advances in the health of the Indian population, COVID-19 has underscored the need for revitalising, reforming and developing capacity for core public health functions as well as for improving the quality and comprehensiveness of health service delivery, it said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)