As part of the agreement, India and the EU will move towards finding solutions to long-standing market access issues and launch negotiations on a stand-alone investment protection agreement.
At present, hospitals pay up to 11 per cent in interest on their borrowings, and the new loans under the new schemes will be cheaper by up to 3.50 per cent, it said.
Mobility restrictions, caused by lockdowns, led to income losses due to decreased economic activity. The report found a 10% decline in mobility was associated with a 7.5% decline in income.