India-World Bank project to protect Indian poor
A project worth $400 million was signed between the Indian Government and the World Bank to protect India’s poor and vulnerable population affected by the adverse economic crisis caused by the pandemic. This is the second operation in a two-tier programme. The first operation worth USD750 million was approved in May this year. The programme envisages to strengthen government’s capacity to provide coordinated social protection to the vulnerable from the pandemic-led economic shocks.