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How many million loan has World Bank sanctioned to Gujarat for “Systems Reform Endeavors for Transformed Health Achievement in Gujarat (SRESTHA-G)”?
A)
USD 250 million
B)
USD 300 million
C)
USD 350 million
D)
USD 450 million

Correct Answer : Option (C) - USD 350 million



World Bank has approved a USD 350 million or over ₹2,832 crore loan to Gujarat for augmenting health services with a special focus on adolescent girls and disease surveillance in the state. The Executive Board of Directors has given nod to the loan, said the multilateral funding agency as quoted by PTI.
 
The agency informed that the funding will come from the World Bank arm International Bank of Reconstruction and Development (IBRD), carrying a maturity of 18 years including a grace period of 5.5 years.
 
According to the World Bank, the loan amount will be utilized through the state government's Systems Reform Endeavours For Transformed Health Achievement In Gujarat (SRESTHA-G) programme which will enable more people to access a wider range of high-quality health services.
 
Currently, Gujarat provides seven health services to its citizens including reproductive, maternal, newborn, child and adolescent health, communicable and non-communicable diseases (NCDs)..

Source : Mint

Published On : September 25, 2022
Category : Banking
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