February 9, 2022
AIM, NITI Aayog, and USAID’s partnership under SAMRIDH initiative looks to improve access to affordable healthcare for the country’s most vulnerable populations
The focus of this partnership is to mount an effective response to the ongoing third wave of the pandemic
The collaboration would also look at building health system readiness
Blended financing can enable partnerships that open greater pools of affordable capital for scaling-up businesses that deliver both financial and social returns: Amitabh Kant
The Atal Innovation Mission (AIM), NITI Aayog, and the US Agency for International Development (USAID) announced a new partnership under the Sustainable Access to Markets and Resources for Innovative Delivery of Healthcare (SAMRIDH) initiative, to improve access to affordable and quality healthcare for vulnerable the population in tier-2 and tier-3 cities, and rural and tribal areas.
The focus of this partnership would traverse the healthcare landscape with the common goal to mount an effective response to the ongoing third wave of the pandemic. The collaboration would also look at building health system readiness for future infectious disease outbreaks and health emergencies.
The USAID, IPE Global, and other stakeholders from the government, academia, and the private sector developed the SAMRIDH blended finance facility in 2020 with an aim to combine public and philanthropic funds to create and rapidly scale market-based health solutions by leveraging AIM’s expertise in innovation and entrepreneurship. NITI Aayog’s CEO Amitabh Kant also stated that blended financing can enable partnerships that open greater pools of affordable capital for scaling-up businesses that deliver both financial and social returns.