ADB releases first tranche of $108 million loan for Mizoram's healthcare scheme
Aizawl, Nov. 8 -- The Asian Development Bank (ADB) has released the first tranche of a $108 million loan to support the implementation of Mizoram's Universal Healthcare Scheme (MUHCS), with the state receiving Rs 205.49 crore, officials said on Saturday.
The ADB released $21.6 million to the Union Ministry of Finance on October 29 after Mizoram achieved two Disbursement Linked Indicators (DLIs) under the programme. The Ministry subsequently transferred Rs 205.4858 crore to the state account on November 5, they said.
Of the amount received, Rs 20.54 crore, or 10 per cent, will be treated as a loan, while Rs 184.93 crore, or 90 per cent, will come to Mizoram as a grant.
The entire amount will be parked in the Healthcare Corpus Fund to st...
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