World Bank approves $500 million loan to support India’s informal working class
Posted on Wednesday 30th June, 2021 by Ashutosh
World Bank said it has approved a USD 500 mill (about Rs 3,717.28 cr) loan programme to support India’s informal working class to overcome the current pandemic distress. The loan will create greater flexibility for states to cope with the ongoing pandemic, future climate and disaster shocks. The funds will be utilised in social protection programme for urban informal workers, gig-workers, and migrants.
Source: Indian ExpressMiscellaneous World