Health Sector Current Affairs

Government signs loan agreement with World Bank for Innovate in India for Inclusiveness Project

The Union Government (Ministry of Finance) has signed a Loan Agreement with the World Bank for IBRD credit of US$ 125 (equivalent) for Innovate in India for Inclusiveness Project.

The objective of project is to nurture indigenous innovation, foster local product development and accelerate commercialization process in biopharmaceutical and medical devices industry in India.

Innovate in India for Inclusiveness Project

The projects seeks to achieve its objective by bridging critical skill and infrastructure gaps to promote affordable and innovative healthcare products generation for inclusive development and increasing competitiveness in India. The project will support consortia of public, private, and academic institutions to overcome key market failures currently holding back development of innovative biopharmaceutical and medical devices industry in India.

The components of project are strengthening of pilot-to market innovation ecosystem, accelerating of pilot to market process for specific products and project management and monitoring and evaluation. The closing date of project is June 2023.

Month: Categories: India Current Affairs 2018

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Cabinet approves MoU between India and Jordan on Cooperation in Health Sector

The Union Cabinet has approved signing of a Memorandum of Understanding (MoU) between India and Jordan on cooperation in the field of Health & Medical Science. Working Group will be set up to to oversee the implementation of this MoU and further elaborate the details of cooperation.

MoU covers the following areas of cooperation

  • Health Research.
  • Tobacco Control.
  • Chronic Disease Control.
  • National Health Statistics.
  • Health System Governance.
  • Universal Health Coverage (UHC).
  • Health Finance and Health Economy.
  • Services and Information Technology in Health.
  • Regulation of Pharmaceuticals and Medical Devices.
  • Diagnosis, Treatment and Medication in Tuberculosis.

Month: Categories: India Current Affairs 2018

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