US to invest over $15 million in India's health infrastructure
ECONOMY & POLICY

US to invest over $15 million in India's health infrastructure

The United States federal government agency is set to invest over $15 million in India's health infrastructure, as part of the Partnership for Global Infrastructure and Investment (PGII), the White House has reportedly said. Through $15 million, the International Development Finance Corpo...

The United States federal government agency is set to invest over $15 million in India's health infrastructure, as part of the Partnership for Global Infrastructure and Investment (PGII), the White House has reportedly said. Through $15 million, the International Development Finance Corporation (DFC) will support the expansion of a chain of eye clinics for conducting corrective surgery for underserved individuals and an India-based social enterprise that manufactures affordable women's hygiene products. The DFC will invest over $15 million in India's health infrastructure, including support for the expansion of a chain of eye clinics for conducting corrective surgery for underserved individuals and an India-based social enterprise that manufactures safe and affordable women's hygiene products for underserved women in non-metro areas, the White House said in its fact sheet. At the 2022 G20 Summit in Bali, Indonesia, President Biden, Indonesian President Widodo, and European Commission President Von der Leyen co-hosted a group of G20 leaders to demonstrate their shared commitment to deepen engagement under the Partnership for Global Infrastructure and Investment (PGII) to accelerate investment in quality infrastructure in low- and middle-income countries around the world and strengthen the global economy, it added.

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