Coronavirus : World Bank approves $1 billion for India as social security package

The World Bank has approved $1 billion for India as social security technology fund for country’s urban poor and migrant workers. The focus will be to enable India to integrate all of its 400-plus social security schemes at a technology level, the bank said.

A national daily quoted Junaid Ahmad, country director, World Bank, as saying, “The project will be crucial to rebalance social security towards urban poor, as much as rural.”