AIM, NITI Aayog, and USAID collaborates under SAMRIDH initiative

Atal Innovation Mission (AIM), NITI Aayog, and the U.S. Agency for International Development (USAID) announced a new partnership under the Sustainable Access to Markets and Resources for Innovative Delivery of Healthcare (SAMRIDH) initiative.

It will improve access to affordable and quality healthcare for vulnerable populations in tier-2 and tier-3 cities, and rural and tribal regions. This partnership will enhance SAMRIDH’s efforts to reach vulnerable populations, leveraging Atal Innovation Mission expertise in innovation and entrepreneurship.

The collaboration will focus on innovations across the healthcare landscape with the common goal to mount an effective response to the ongoing third wave of COVID-19 and build health system preparedness for the future.

Speaking during the virtual launch of the event, Chief Executive Officer, NITI Aayog, Amitabh Kant said that blended financing has the potential to redefine development finance, by enabling partnerships. He said, it will unlock greater pools of affordable capital for scaling-up businesses that deliver both financial and social returns.