World Bank announced $1 billion social protection package for India

New Delhi: Amid the spread of coronavirus pandemic, the World Bank has approved $ 1 billion aid to support India’s efforts for providing social assistance to poor and vulnerable households. The social protection package for India is linked to central government’s programmes.


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World Bank said that the billion-dollar social protection package was in addition to the previous package of $1 billion allocated to India for Covid-19 emergency response and health systems.


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“The World Bank’s billion-dollar support for social protection will help India leverage it’s PM Garib Kalyan Yojana,” said World Bank Country Director (India) Junaid Kamal Ahmad.


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