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World Bank approves $54 mn credit to India
Washington, June 06: The World Bank has approved a $54 million credit from the International Development Association, its soft loan arm, to India to help improve the quality and safety of food and drugs in the country.
Washington, June 06: The World Bank has approved a $54 million credit from the International Development Association, its soft loan arm, to India to help improve the quality and safety of food and drugs in the country.
The Food and Drugs Capacity Building Project will be the first stage of a long-run programme supporting India's vision of ensuring safe, high quality food and drugs for the public.
"The project will benefit society at large, but in particular the poor, who will gain from lower morbidity and premature mortality as a result of increased safety and quality of foods and drugs available," a World Bank release said.
"India has made considerable progress in improving the health status of its population in the last 50 years, but disparities between regions and between the poor and non-poor continue to widen," it said.
"Food and drugs oversight is an essential public health function, but inadequate institutional arrangements and limited financial resources prevent India from fulfilling its role," the Bank said.
Bureau Report
"The project will benefit society at large, but in particular the poor, who will gain from lower morbidity and premature mortality as a result of increased safety and quality of foods and drugs available," a World Bank release said.
"India has made considerable progress in improving the health status of its population in the last 50 years, but disparities between regions and between the poor and non-poor continue to widen," it said.
"Food and drugs oversight is an essential public health function, but inadequate institutional arrangements and limited financial resources prevent India from fulfilling its role," the Bank said.
Bureau Report