World Bank okays $1 billion for India as social security fund for urban poor, migrants
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The World Bank has approved $1 billion for India as social security technology fund for country’s urban poor and migrant workers during the coronavirus crisis. The fund has been okayed to integrate all of India's 400-plus social security schemes at a technology level. “The project will be crucial to rebalance social security towards urban poor, as much as rural,” said Junaid Ahmad, country director, World Bank.