March 28, 2024 23:09 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Actor Govinda returns to politics after 14 years of 'vanvas', joins Eknath Shinde camp | 'To browbeat and bully others is vintage Congress culture': PM posts after 600 lawyers write to CJI | Comments on our electoral, legal processes completely unacceptable: India on US' remarks over Kejriwal arrest | Delhi High Court rejects PIL seeking removal of Arvind Kejriwal as CM | MHA extends AFSPA in 3 districts of Arunachal Pradesh for 6 months
Tata Trusts , The Global Fund launch ‘The India Health Fund’

Tata Trusts , The Global Fund launch ‘The India Health Fund’

India Blooms News Service | | 02 Aug 2016, 06:29 pm
Kolkata/Mumbai, Aug 2 (IBNS): Tata Trusts, in association with The Global Fund, launched ‘The India Health Fund (IHF)’, at the Taj Mahal Palace in Mumbai on Monday.

The India Health Fund is a pioneering vehicle by Tata Trusts, designed to not only influence philanthropic capital within India, but also serve as a trusted mechanism to generate significant impact in addressing key health challenges in the country – starting with malaria and tuberculosis.


The IHF looks at catalyzing agility and innovation within large scaled programs of The Global Fund and the Government of India.


Addressing infectious diseases like TB and malaria, the India Health Fund plans to support programs and projects that develop new products or strategies for innovative business models and innovative partnerships or financing mechanisms that significantly scale existing effective solutions.


The investments made by the IHF will be aligned to national strategies and link to clear pathways of scale including government platforms, private health networks, open source technology or sustainable organization growth.


The India Health Fund is a lead initiative of Tata Trusts, with technical support from the Global Fund. The launch, hosted by Ratan Tata witnessed the presence of noted corporate leaders and philanthropists across the globe.


The initiative was acknowledged as a landmark step in the control of dreaded diseases such as TB and Malaria, by all dignitaries at the event. Giving a thumbs-up to the IHF, the dignitaries present stated that they look forward to being a significant part of the initiatives to eradicate TB and Malaria.


Speaking on the real role of philanthropy, guests reflected on how public-private partnerships (PPPs) can be streamlined to bring out tangible outcomes. They suggested that factors such as fueling innovation, adequate risk capital, scaling pilots and unleashing the power of technology, will help to garner effective outcomes.


The discussion laid strong emphasis on amplifying the impact of the Government’s initiatives for eradicating TB and Malaria through the India Health Fund.


Speaking on the partnership, Ratan Tata, Chairman, Tata Trusts said, “The India Health Fund is an ambitious project undertaken by Tata Trusts along with The Global Fund and the Government of India. Infectious diseases such as Malaria and Tuberculosis though widespread are treatable and controllable. In order to overcome the challenges associated with this issue, we should use innovations to create models that are not geographically bound and can be replicated anywhere in the world. The India Health Fund will endeavor to combine innovation and effort for the implementation of the project at a large scale.” 


Applauding the launch of IHF, US Ambassador to India, Richard R. Verma said, “The development challenges we face today truly require ‘all hands on deck’ and it’s more critical than ever that we combine all of our resources and work hand-in-hand to prevent, treat and care for these diseases. That is why the United States – through USAID – plans to join the India Health Fund.”

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.