The economy of the world, including India, is being destroyed due to the Corona crisis. All efforts are being made by the governments to deal with this crisis. At the same time, international level banks have also started helping.
Under this, the New Development Bank (NDB) set up by BRICS countries will allocate $ 15 billion to its member countries. Foreign Minister Sergi Lavrao gave this information after the meeting of the foreign ministers of BRICS countries – Brazil, Russia, India, China and South Africa – on the corona virus. This means that India will also get benefited from this decision of New Development Bank.
Russian Foreign Minister Sergi Lavrao said, "The Corona virus epidemic has brought a big shock to the whole world." Governments all over the world are taking various measures to lighten this setback. We believe that it will be a great help to the economies of our countries. "
Earlier, the Asian Development Bank (ADB) had also come forward to help India. Recently ADB President Masatsugu Asakawa has also talked to Finance Minister Nirmala Sitharaman. ADB Bank is going to give a package of $ 2.2 billion (about Rs 16,700 crore) to India.
Similarly, the World Bank has approved emergency funding of $ 1 billion for India to combat the outbreak of the corona virus. According to the World Bank, the first set of World Bank aid projects is worth $ 1.9 billion, which will help 25 countries. At the same time, the largest share of emergency financial assistance has been given to India i.e. 1 billion dollars.
