ADB and GOI ink $300 mn loan pact for Urban Health Mission

Manila-headquartered Asian Development Bank (ADB) has a loan pact worth USD 300 million with the government of India to support the National Urban Health Mission (NUHM). The NUHM is aimed at improving health status of the country’s urban population. This will be ADB’s first health project in India. The loan has been provided from the ADB’s Ordinary Capital Resources. It has a 20-year term and includes a grace period of 5 years.

Important Facts to Know
  • NUHM is GOI’s flagship program which aims at improving health status of the urban population in India.
  • NUHM seeks to improve the health status of the urban population particularly slum dwellers and other vulnerable sections by facilitating their access to quality primary health care.
  • NUHM would cover all state capitals, district headquarters and other cities/towns with a population of 50,000 and above (as per census 2011) in a phased manner.
  • The Asian Development Bank (ADB) is a regional development bank established on 22 August 1966 to facilitate economic development in Asia.
  • Japan is one of the largest shareholders of the bank and till now the president has always been Japanese.
Test Your Knowledge

What is the Motto of ADB?

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Fighting poverty in Asia and the Pacific

Who is the current President of ADB?

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Takehiko Nakao