World Bank lauds PM Modi’s Atmanirbhar Mission in fight against Covid-19

[Sachin200]

Prime Minister Narendra Modi’s Atmanirbhar Mission came for praise by the World Bank as it approved a $1 billion social protection package for India amid the coronavirus pandemic that has affected people and its economy.

Junaid Ahmad, World Bank’s India director, made the comments while announcing the aid to support India’s efforts for providing social assistance to poor and vulnerable households.

“I think PM’s Atmanirbhar Mission is very important in terms of directions and India is not making a distinction between life and livelihoods in the aftermath of Covid-19,” Ahmad said.

The social protection package for India is linked to the central government’s programmes. Ahmad said.

World Bank said that the billion-dollar social protection package was in addition to the previous package of $1 billion allocated to India for Covid-19 emergency response and health systems.

“The World Bank’s billion-dollar support for social protection will help India leverage its PM Garib Kalyan Yojana (PMGKY),” Ahmad added.

Last month, the bank had approved a plan to roll out $160 billion in emergency aid over 15 months to help countries deal with the impact of the global coronavirus pandemic.

The board of the development lender had announced the first set of fast-track crisis funding, with an initial $1.9 billion going to projects in 25 countries and operations moving forward in another 40 nations.

India was the largest beneficiary of the first wave of programmes with a facility for $1 billion.

Prime Minister Narendra Modi announced a Rs 20 lakh crore or $266 billion support package for the economy on Tuesday to help mitigate the damage caused by the coronavirus and the lockdown it has triggered.

[LordOfMud]

ప్రజల డబ్బు ప్రజల చేతుల్లో పెట్టి ప్యాకేజీ అన్నారు, రూపాయి కేటాయించని కేంద్రం

 

 

[LordOfMud]

FYI

World Bank approved a $1 billion package for India amid the coronavirus pandemic in the month of April with stringent long term conditions.  

As on date India not accepted World Bank approved $1 billion package

 

[LordOfMud]

కేంద్ర బడ్జెట్ కు రంగులు దిద్ధి ప్యాకేజ్ 3.0 అన్నారు 

 

 

[Sachin200]

Of the $1 billion commitment, $550 million will be financed by a credit from the International Development Association (IDA), the World Bank's concessionary lending arm and $200 million will be a loan from the International Bank for Reconstruction and Development (IBRD), with a final maturity of 18.5 years including a grace period of five years.

The remaining $250 million will be made available after June 30, 2020.

[Sachin200]

1 hour ago, LordOfMud said:

FYI

with stringent long term conditions.  

As on date India not accepted World Bank approved $1 billion package

 

Conditions amiti ? Any info ?

[Ara_Tenkai]

1 hour ago, LordOfMud said:

ప్రజల డబ్బు ప్రజల చేతుల్లో పెట్టి ప్యాకేజీ అన్నారు, రూపాయి కేటాయించని కేంద్రం

 

 

ardam kaledu...Prajala dabbu kakapothe ekkadnundi vastadi? Modi amit shah bank accounts nundi ivvala?

[reality]

 

[Sachin200]

52 minutes ago, LordOfMud said:

కేంద్ర బడ్జెట్ కు రంగులు దిద్ధి ప్యాకేజ్ 3.0 అన్నారు 

 

 

Ituvanti people cheppa mantey mastu cheptaru 

For example 

Amartya Sen – He got Nobel Prize, Indian Government awarded him bharat ratna in 1999.   .He wrote a book and if you read that book , all he claims is poverty 

Started working with Congress Government on  Nalanda University during MMS regime ! What did they achieve ? Nine years Ami chesadu aa university ki ? 

 

[reality]

20 lakh crore istham ani thelisi... poor workers daggara fare collect cheyadam endhi ra Bodi ga.. 

 

[Picheshwar]

 

[kevinUsa]

Lowda eedanike ala ante mari

170k people Ni middle East nundi airlift chesinappudu 

Em anali ?

[Picheshwar]

Aug 15 does world bank still believes ???