The World Bank has given great relief to India amid Corona crisis, The World Bank has announced a billion dollar package for government programs and this package will be a social security package. Earlier, for the war with Corona, the New Development Bank of BRICS countries had announced an emergency aid amount of one billion dollars.
Junaid Ahmed, India Head of the World Bank, said that the Word Bank will partner with the Government of India in three areas – Health, Social Security and Micro, Small and Medium Enterprises (MSME). India's social security is motivated to build migrants, unorganized workers, portability and system integration.
On the World Bank's one billion dollar (about 7600 crore) social security package, India head of the World Bank Junaid Ahmed said that this is the piggyback of the existing infrastructure of public distribution system, Jan Dhan, Aadhaar and mobile. Let us tell you, the World Bank had already proposed a package to 25 developing countries.
Earlier, the New Development Bank announced a billion dollar emergency aid to India. It said that these loans are being given to help India prevent the spread of Covid-19 and reduce the human, social and economic losses due to the Corona virus epidemic.
In addition, the Asian Development Bank (ADB) had announced a $ 1.5 billion package to India for help from Corona. Its objective is to involve the Government of India in the fight to stop the spread of COVID-19 and reduce the human, social and economic losses caused by the coronavirus. Significantly, the Corona figures in India are constantly increasing. If we look at the statistics of the Health Ministry on Friday morning, the total number of corona cases in the country has reached around 82 thousand. The total death toll has reached near 2650 and the number of people who got cured are more than 27 thousand.
