ADB approves USD 3 million grant to India to combat COVID-19

Asian Development Bank (ADB) has approved USD 3 million (about Rs 22 crore) grant to India from its Asia Pacific Disaster Response Fund to further support the government”s emergency response to COVID-19 pandemic.

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The grant, which is financed by the Japanese government, will be used to procure thermal scanners and essential commodities to strengthen India’s COVID-19 response. This support will enhance disease surveillance and help in early detection, contact tracing, and treatment.

Important takeaways for all competitive exams:

• President of Asian Development Bank: Masatsugu Asakawa.
• Asian Development Bank Headquarters: Mandaluyong, Philippines.
• Asian Development Bank Founded: 19 December 1966.

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