Home Business World Bank approves $1 billion as social security fund

World Bank approves $1 billion as social security fund

The World Bank will sign a project worth $1 billion dollar with Indian Government as social security fund for urban poor and migrant workers during this corona crisis. The economy of country has been shaken due to the lockdown of more than 50 days. The sections who earn their living on daily wages are the most effected ones.

Earlier, On Tuesday, Modi government has announced an economy booster package of 20 lakh crores to uplift the fallen economy. Junaid Ahmad, country director of World Bank appreciated the concept of ‘aatmanirbhar bharat’, as it will give directions to both i.e. life and livelihoods.

Advertisement

The proposed package of $1 Billion will enable India to integrate all of its 400-plus social security schemes at a technology level. It will be beneficial especially for the daily wages workers, labours and migrant workers.

Advertisement
- Advertisement -

Stay Connected

16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe

Must Read

Plane crash in Kerala airport, pilot dies

A plane coming from Dubai in Kozhikode, Kerala, has crashed at the airport. It is being said that the accident occurred due...

Manoj Sinha, new Lieutenant Governor of Jammu and Kashmir

Manoj Sinha, who was the Union Minister in Modi Government Part-1, has taken over as the second Lieutenant Governor of Jammu and...

Sambit Patra slams Rahul and Sonia Gandhi for relationship with China

Today, BJP spokesperson Sambit Patra held a press conference on the Supreme Court's comment. Sambit Patra said at the press conference, 'The...

Sushant’s sister Shweta writes, one should think of the consequences

Shweta Singh Kirti, sister of Bollywood actor Sushant Singh Rajput, wrote on her social media handle on Friday in a post titled...

Related News

Plane crash in Kerala airport, pilot dies

A plane coming from Dubai in Kozhikode, Kerala, has crashed at the airport. It is being said that the accident occurred due...

Manoj Sinha, new Lieutenant Governor of Jammu and Kashmir

Manoj Sinha, who was the Union Minister in Modi Government Part-1, has taken over as the second Lieutenant Governor of Jammu and...

Sambit Patra slams Rahul and Sonia Gandhi for relationship with China

Today, BJP spokesperson Sambit Patra held a press conference on the Supreme Court's comment. Sambit Patra said at the press conference, 'The...

Sushant’s sister Shweta writes, one should think of the consequences

Shweta Singh Kirti, sister of Bollywood actor Sushant Singh Rajput, wrote on her social media handle on Friday in a post titled...

Landslide in Kerala, 13 people have died

13 people have died in landslides in Rajmala of Idukki district. So far 10 people have been rescued, while more than 70...

LEAVE A REPLY

Please enter your comment!
Please enter your name here