India signs US $ 400 Million Loan Agreement With World Bank to help Treat and Eliminate Tuberculosis

India signs US$ 400 Million Loan Agreement With World Bank to help Treat and Eliminate Tuberculosis

India signs US $ 400 Million Loan Agreement With World Bank to help Treat and Eliminate Tuberculosis

The World Bank and the Government of India signed a Loan Agreement of US $400 Million to expand the coverage and the quality of interventions for the control of Tuberculosis (TB), which kills approximately half a million people in India every year.

The World Bank supported program will cover nine States of India.

The World Bank’s Program Towards Elimination of Tuberculosis will support the Government of India’s (GoI) National Strategic Plan to end TB in India by 2025.

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It will do so by helping improve and strengthen diagnostics and management of drug-resistant tuberculosis and increase the capacity of public institutions engaged in monitoring and treating TB in the country.

The $ 400 Million loan from the International Bank for Reconstruction and Development (IBRD) has a 19-year maturity which includes a 5-year grace period.