PM Modi Pledges $10 Million towards COVID-19 Emergency Fund for SAARC Nations

The Prime Minister of India Shri Narendra Modi has led an initiative to create a COVID-19 Emergency Fund for SAARC nations, amid rising cases of the disease in the region.
PM Modi has also pledged US$ 10 million to start the fund.
PM said that the fund could be based on voluntary contributions from all the SAARC members.
The fund can be used by any of the 8 member states to meet the cost of immediate actions.
SAARC nations inlcude: India, Pakistan, Nepal, Afghanistan, Sri Lanka, Bangladesh, the Maldives, and Bhutan.