Added on : 2020-05-15 12:10:43
In a big move, the World Bank on Friday announced a $1 billion social protection package for India to aid the country's efforts to fight the dreaded Coronavirus pandemic. This $1 billion social protection package would be linked to the Government's programs and schemes launched to aid the vulnerable section of the population, hard-hit amid the pandemic.
While speaking on the Government's schemes to aid the vulnerable, Junaid Ahmad, World Bank Country Director for India said, "Social distancing has led to a slowdown of the economy. The Government of India has focused on Garib Kalyan Yojna to help protect the poor and vulnerable as a bridge between health interventions are happening and where the economy can be revived."