WORLD BANK APPROVES $500 M PROGRAM TO SUPPORT INDIA’S LARGE INFORMAL WORKFORCE AMID COVID
Photo courtesy: Republicworld
The World Bank Board of Executive Directors on Wednesday, June 30 approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster shocks. Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) builds on the $1.15 billion in order to accelerate India’s COVID-19 Social Protection Response Program to support schemes under the Pradhan Mantri Garib Kalyan Yojana (PMGKY).
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- 1 Jul 2021
- WerIndia
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