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US aid to India stands at half a billion dollars
US aid to India stands at half a billion dollars
Updated: May 11, 2021, 06:00 IST
doses of
Remdesivir priced at $390 each
#WASHINGTON The US has responded with an unprecedented financial assistance worth nearly USD half a billion in less than 15 days after President Joe Biden in his conversation with Prime Minister Narendra Modi pledged his country’s steadfast support for the people of India.
This half a
billion dollars includes $100 million pledged by the Biden administration, $70 million by pharma major Pfizer and 450,000 Remdesivir doses, the governmental purchase price of each of which in the US is $390.