India to provide $5 million grant to treat Afghan children

KABUL: India will provide $5 million grant to Afghan Red Crescent Society for the treatment of Afghanistan's children suffering from congenital heart disease in three hospitals in Delhi.

The Indian Embassy here signed a Memorandum of Understanding (MoU) with ARCS under which the financial assistance of $5 million will be given to the aid agency over a period of five years beginning 2015.

The grant will be utilised for the treatment of Afghan children at Max, Artemis and Fortis hospitals in New Delhi, according to statement by Indian embassy here.

These hospitals have offered special concessional rates for treatment of the Afghan children.

The first tranche of USD 1 million has already been disbursed to ARCS and additional disbursement would be made over the next four years, it said.