India: COVID-19 Emergency Response and Health Systems Preparedness Project (AIIB-000380)

Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS May 13, 2020


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Project Description

According to AIIB website, the project aims to prevent, detect and respond to the threat posed by COVID-19 and to strengthen national health systems for preparedness in India. The project will comprise six components:

  • Component 1: Emergency COVID-19 Response: The aim of this component is to slow and limit as much as possible the spread of COVID-19 in India. This will be achieved through providing immediate support to enhance disease detection capacities by scaling up procurement of personal protective equipment, oxygen delivery systems, and medicines.
  • Component 2: Strengthening National and State health Systems to support Prevention and Preparedness: The component will support the GOI to build resilient health systems to provide core public health, prevention, and patient management functions to manage COVID-19 and future disease outbreaks.
  • Component 3: Strengthening Pandemic Research and Multi-sector, National Institutions and Platforms for One Health: This component will support research on COVID-19 by Indian and other global institutions working in collaboration with the Indian Council of Medical Research.
  • Component 4: Community Engagement and Risk Communication: This component will address significant negative externalities expected in the event of a widespread COVID-19 outbreak and include comprehensive communication strategies.
  • Component 5: Implementation Management, Capacity Building, Monitoring and Evaluation: Support for the strengthening of public structures for the coordination and management of the project would be provided, including MOHFW and state (decentralized) arrangements for coordination of activities, financial management, procurement, and monitoring and evaluation.
  • Component 6: Contingent Emergency Response Component: Provision of immediate response to an eligible crisis or health emergency.
Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
Contact Information

Hari Bhaskar

Project Team Leader, AIIB

Email Address: hari.bhaskar@aiib.org

Ronald U Mutasa

Task Team Leader, World Bank

Email Address: rmutasa@worldbank.org

Borrower: Ministry of Finance

Prasanna V Salian, Deputy Secretary
Department of Economic Affairs
Email Address: pv.salian@nic.in

Implementing Agency: Ministry of Health and Family Welfare

Vikas Sheel, Joint Secretary

Email Address: sheelv@nic.in 

 

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM).  The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.