Who is financing the ‘Nagaland health project’?

Q.  Who is financing the ‘Nagaland health project’?
- Published on 17 Jan 17

a. IDA
b. BRICS Bank (New Development Bank)
c. ADB
d. IMF

ANSWER: IDA
 
  • A financing agreement for International Development Agency (IDA) credit of US$ 48 million (equivalent) for the ‘Nagaland Health Project’ was signed with the World Bank.
  • The Financing Agreement was signed by Department of Economic Affairs on behalf of Government of India and World Bank (India) on behalf of the World Bank.
  • A Project Agreement was also signed by Directorate of Health & Family Welfare, Government of Nagaland and World Bank.
  • The Objectives of the project are to improve health services and increase their utilization by communities in targeted locations in Nagaland.
  • Communities in targeted locations will benefit from project activities at the community and health facility levels while the population of the state as a whole will benefit from improvements in higher-level facilities as well as system-wide investments.
  • The project will directly benefit about 600,000 people.
  • It will support and complement existing systems and mechanisms involving communities under the National Health Mission.
  • The closing date of Nagaland health Project is 31st March, 2023.

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