New Delhi: The World Bank has approved $1 billion aid to assist India’s efforts for providing social assistance to poor, vulnerable households amid the coronavirus outbreak.
Giving details about the financial support, World Bank Director for India, Junaid Ahmad, said that the institution will partner with the Indian government in three key areas.
“The Word Bank will partner with the Govt of India in three areas – health, social protection and the Micro, Small & Medium Enterprises (MSME),” he said.
With this, the total commitment from the World Bank towards emergency COVID-19 response in India has now reached to USD 2 billion. Earlier, a USD 1 billion support was announced last month to support India’s health sector.
Comments are closed.