22) COVID-19 ARESP Flashcards
1
Q
What does ARESP stand for ?
A
Active Response and Expenditure Support Programme
2
Q
Context ?
A
Govt of India and AIIB has signed this $750 million programme
3
Q
Aim ?
A
To assist India to strengthen its response to the adverse impacts of the COVID 19 pandemic on poor and vulnerable households
4
Q
Beneficiaries ?
A
Families of BPL, farmers, workers, women, widows, senior citizens etc
5
Q
Implementation ?
A
Dept of Economic Affairs, Ministry of Finance
6
Q
Funding ?
A
It is financed under the COVID-19 Crisis Recovery Facility of AIIB and co-financed by ADB
