India to receive US$1b more from World Bank in Covid-19 funding | Malay Mail

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NEW DELHI, May 16 — The World Bank will give India an additional US$1 billion (RM4.3 billion) to help the country in its battle against the Covid-19 pandemic, taking its total commitment to US$2 billion. Last month, the bank had offered funds to assist India’s health sector in combating the...

Children of migrant workers wear protective masks inside a sports complex turned into a shelter, in New Delhi April 4, 2020. — Reuters pic

The money will be used to support efforts to provide social assistance to the poor and vulnerable households which have been hit hard by the lockdown, according to a statement by India’s Finance Ministry on Friday.

 

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