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APVAX Initiative

  Nov 15, 2021

APVAX Initiative

Q Why is it in News ?

A The Government of India has applied for loans from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) to procure as many as 667 million doses of COVID-19 vaccines under the Asia Pacific Vaccine Access Facility (APVAX) initiative.

Q What is the APVAX Initiative ?

Q What are some key details about Asian Development Bank (ADB) ?

Q What are some key details about Asian Infrastructure Investment Bank (AIIB) ?

AIIB and India