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US Announces $ 41 Mn Assistance to India Amid COVID

Meanwhile, Finance Minister Nirmala Sitharaman and US Treasury Secretary Yellen discussed global minimum tax.

Published
COVID-19
1 min read
<div class="paragraphs"><p>The US Treasury also said that Yellen laid emphasis on the importance of partnership with India in the G20 and OECD in a bid to remake the international tax system.</p></div>
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The United States of America has announced an assistance of USD 41 million to India in order to help the country respond to the COVID-19 pandemic and to prepare for future health emergencies.

As per ANI the US Agency for International Development (USAID) said that this assistance will support:

  • Access to COVID-19 testing.

  • Pandemic-related mental health services.

  • Timely referrals to medical services.

  • Access to healthcare in remote areas.

“India came to the assistance of the United States during this country's time of need and now the US stands with the people of India as they continue to battle the COVID-19 pandemic.”
USAID to ANI

AMERICA'S CONTRIBUTIONS SO FAR

America’s contributions to India’s COVID-19 fight so far include:

  • USD 50 million in emergency supplies and training on infection prevention and control for more than 2,14,000 frontline healthworkers.

  • US President Joe Biden, in May, announced USD 100 million worth of assistance to India.

  • The US Chambers of Commerce Foundation has raised more than 1.2 million for coronavirus-related efforts in India

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FIN MIN SITHARAMAN'S PHONE CALL WITH US TREASURY SECRETARY

Meanwhile, Union Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet L Yellen, on Tuesday, 29 June, discussed global minimum tax over phone.

"Yellen discussed that the US and India have a shared interest in implementing a robust global minimum tax."
US Department of Treasury, as per PTI

As per PTI, the US Treasury has also said that Yellen laid emphasis on the importance of partnership with India in the G20 and OECD in a bid to remake the international tax system to help the global economy thrive.

(With inputs from ANI and PTI)

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

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