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Modi calls for SAARC emergency fund
Why is it in news?
- The South Asian Association for Regional Cooperation (SAARC) should create a fund to fight the threat of COVID-19, Prime Minister Narendra Modi announced on Sunday.
More in news
- Contribution from India: Addressing the first-ever videoconference of the heads of member countries, he extended $10 million as India’s contribution to the fund.
- COVID-19 emergency fund: PM Modi called for creation of a COVID19 Emergency Fund which could be based on voluntary contribution from all of the SAARC members
Source
The Hindu