(Juhi Aishwary, Journalist): In the ongoing war with Covid-19, the World Bank (India) on Friday approved India for a billion-dollar social protection package worth 7500 crores. The World Bank has given this approval in view of the continuous efforts of the Government of India for poor and epidemic-sensitive families.
The World Bank said on Thursday that the COVID-19 epidemic is a global crisis affecting every country. The bank said that we are functioning to support countries in this crisis so that our facilitate reaches as many countries as possible.
Earlier, the World Bank gave India a package of 7500 crores to strengthen public health preparedness in order to deal with the epidemic. This is the biggest support given by the bank to the health sector in India. Under this, it has been decided to cover all the states and union territories in India. The package, first provided by the World Bank, was the first step in an aid campaign for developing countries around the world struggling with the epidemic crisis. Under this, aid was provided to 25 developing countries.
The World Bank was established in the year 1944 with the aim of bringing the international economy back on track. The objective of the World Bank is to make efforts to eradicate poverty in developing countries along with incorporating the economies of various countries into a broader world economy. It provides financial support for programs and projects. In other words, it provides financial support for economic policies.
According to the Ministry of Health, by 8 am on May 15, the number of active cases of Covid-19 infection across the country reached 51401. At the same time, the number of people recovering from this is 27919. The death toll due to this infection is 2649 nationwide.
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