Medanta to get Rs 100 crore loan from Asian Development Bank to combat Covid-19
"The financing will help us focus on increasing healthcare capacity to satisfy the strong Indian demand for both COVID19 and non COVID19 related treatment," Naresh Trehan, Global Health Chairman and Managing Director of Medanta said.;
New Delhi: The Asian Development Bank (ADB) on Monday said it will provide Rs 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 programs on infection prevention and control.
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"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 system, enabling it to respond effectively to the current crisis and future healthcare challenges, Patil said.
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