PM proposes COVID19 Emergency Fund

PM proposes COVID19 Emergency Fund

Agency News

New Delhi, Mar 15 : Prime Minister Narendra Modi on Sunday proposed to create an emergency fund, to meet the challenges posed by the spread of Novel Coronavirus. 'I propose we create a COVID-19 Emergency Fund. This could be based on voluntary contributions from all of us. India can start with an initial offer of 10 million US dollars for this fund,' he said.

The Prime Minister was interacting with SAARC leaders via video-conferencing this evening, in a bid to chalk out a common strategy to tide over the viral infection.

'We are assembling a Rapid Response team of doctors and specialists in India, along with testing kits and other equipment. They will be on stand-by, to be placed at your disposal, if required,' Mr Modi said. Looking ahead, he said, all SAARC countries could create a Common Research Platform, to coordinate research on controlling epidemic diseases within the South Asian region. The Indian Council of Medical Research can offer help in coordinating such an exercise, Mr Modi told the SAARC leaders. (UNI)