USAID Current Affairs, GK & News

USAID

The United States Agency for International Development (USAID) is an independent agency of the US federal government in charge of civilian foreign aid and developmental assistance. It recently provided financial assistance worth 15 million USD to help the Palestinian community in West Bank and Gaza Strip to combat the coronavirus pandemic. The fund will be ..

USAID, DFC & Kotak Bank loan agreement for women & MSMEs in India

USAID (United States Agency for International Development) and USDFC (U.S. International Development Finance Corporation) are sponsoring a US $50 million loan portfolio guarantee to the Kotak Mahindra Bank (KMBL). Key Facts This agreement was signed in order to support increased access of finance for women borrowers as well as micro, small & medium enterprises (MSMEs) ..

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US announces USD 25 million aid to support COVID-19 vaccination in India

The United States has announced 25 million USD assistance to India to support the COVID-19 vaccination efforts across the country. Highlights US Secretary of State Antony Blinken has announced that the US government will partner with Ministry of Health and Family Welfare of India as well as various state governments across the country to support ..

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US Global Task Force on COVID-19

The External Affairs Minister of India recently held a discussion with the US Global Task Force on Pandemic Response. He discussed about the priorities of India in vaccines, pharmaceuticals and oxygen. The Global Task Force on Pandemic earlier announced that it is closely working with US-India Strategic Partnership Forum and US-India Business Council to make ..

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International Climate Finance Plan of the US

The US President recently announced the country’s new Finance Plan at the Leader’s Summit on Climate. The Summit was hosted by the USA. About the Plan The US has set a new goal to cut its emissions by 50% to 52% as compared to 2005 levels. The US will double its climate funding by 2024. ..

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USAID & DFC to Finance Renewable Energy in India

United States Agency for International Development (USAID) and US International Development Finance Corporation (DFC) have announced for a $41 million-loan guarantee program in order to finance the investment in the renewable energy solutions by Indian Small & Medium Enterprises (SMEs). Highlights The USAID and DFC are jointly sponsoring the $41 million loan portfolio guarantee. This ..

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