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World Bank Announces $1 Billion Social Protection Package For India

World Bank has approved $1 Bn support for India to help it in its battle against COVID-19 & provide social aid to the poor & vulnerable households.

New Delhi| On Friday World Bank authorised $1 billion ‘Accelerating India’s COVID-19 Social Protection Response Program’ to help the nation’s efforts for rendering social aid to the poor and vulnerable households, critically affected by the pandemic.

This takes the total commitment from the World Bank towards emergency Covid-19 response in India to $2 billion. A $1 billion support was declared last month to help India’s health sector.

The focus will be to facilitate India to integrate all of its 400-plus social security schemes at a technology level, the bank said.

“The project will be crucial to rebalancing social security towards urban poor, as much as rural,” said Junaid Ahmad, country director, World Bank.

He added: “I think Prime Minister’s ‘Atmanirbhar mission’ is very important in terms of directions and India is not making a distinction between life and livelihoods in the aftermath of Covid-19.”

The total cases in India surged to 81,970 including over 27,000 cured/discharged or migrated and 2,649 deaths amid lockdown to curb the spread of COVID-19.

Also Read: “Please Take My Money”; Vijay Mallya Offers Repayment Of Loan To Govt.

In the past 24 hours, 100 casualties were recorded. A staggering 3,967 new cases of COVID-19 were recorded in the last 24 hours.

Across the country, at least 27,920 patients have cured so far the recovery rate stood at 33%.

Currently, there are 51,401 active COVID-19 patients in the country

A total of 280 government laboratories in the country is conducting tests for the novel coronavirus, the Indian Council of Medical Research has said. ICMR also issued a list of 90 private labs which will conduct the testing.

(Input from Agencies)

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