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₹100 crore loan from ADB to combat Covid-19

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NEW DELHI : The Asian Development Bank (ADB) on Monday said it will provide ₹100 crore loan to hospital chain Medanta for healthcare services and medical equipment to fight the COVID-19 pandemic.The project will support the purchase of personal protective equipment, basic hygiene products, and patient care equipment such as ventilators and beds.

It will also support staff training programmes on infection prevention and control."Private sector healthcare services play a life-saving role during health crises such as the COVID-19 pandemic," said Aniruddha Patil, Head of Health and Education Investments at ADB’s Private Sector Operations Department.Medanta’s proven expertise and leadership will further improve the resilience of India’s health.

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