Current Affairs In Detail

Government to sanction Rs.15,000 crore to strengthen Indias fight against COVID-19 outbreak
Government to sanction Rs.15,000 crore to strengthen Indias fight against COVID-19 outbreak

Out of the Rs.15,000 crore fund allocated by the Central government, Rs.7,774 crore will be used for immediate COVID-19 Emergency Response. The rest of the amount will be used for medium-term support of 1-4 years.

09 April 2020 Current Affairs:The Government of India sanctioned Rs.15,000 crore package to strengthen India's fight against the novel coronavirus. The amount will be used for COVID-19 Emergency Response and Health System Preparedness Package.

COVID-19 Funds:
♦ Out of the Rs.15,000 crore fund allocated by the Central government, Rs.7,774 crore will be used for immediate COVID-19 Emergency Response. The rest of the amount will be used for medium-term support of 1-4 years.
♦ The COVID-19 Emergency Response and Health System Preparedness Package will be implemented in three phases. The first phase will be from January 2020 to June 2020, the second phase from July 2020 to March 2021 and the third phase from April 2021 to March 2024. 
♦ The fund will be shared among all states and union territories (UTs).
♦ The main objectives of the package include mounting emergency response to slow and limit COVID-19 in India through the development of diagnostics and COVID-19 dedicated treatment facilities. 
♦ The fund also includes several measures like centralized procurement of essential medical equipment and drugs required for treatment of infected patients, setting up of laboratories and bolster surveillance activities, biosecurity preparedness, build resilient National and State health systems to support prevention and preparedness for future disease outbreaks, pandemic research and proactively engage communities and conduct risk communication activities.
♦ So far, the Health Ministry has already disbursed Rs.4,113 crore to all the States and UTs for dealing with the emergency COVID response.