Asian Development Bank Offers India $2.2 Billion For Virus Fight

Migrant workers and their families wait at a police checkpoint during the coronavirus lockdown due to the coronavirus in New Delhi, India, on March 28.Photographer: Anindito Mukherjee/Bloomberg

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By Muneeza Naqvi

April 10, 2020 at 7:41 AM UTC

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The Asian Development Bank will give India $2.2 billion to help the nation contain rising coronavirus infections and offset the economic impact of the pandemic.

“ADB is committed to supporting India’s emergency needs,” Masatsugu Asakawa said in a press statement. “We are now preparing $2.2 billion in immediate assistance to the health sector and to help alleviate the economic impact of the pandemic on the poor; informal workers; micro, small, and medium-sized enterprises; and the financial sector.”