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The World Bank on Friday announced $1 billion in social sector funding for India. The money will go towards mitigating the economic and humanitarian crisis being faced by unorganised workers and migrant labourers impacted by the Covid-19 pandemic.
This takes the total commitment from the World Bank towards emergency Covid-19 response in India to $2 billion.
A $1-billion support was announced last month to support India’s health sector.
The new support will be funded in two phases — an immediate allocation of $750
