In a giant leap, the government of the Federal Republic of Germany has offered to join hands with the government of India along with the World Bank In its efforts to provide for an social protection system catering to the needs of especially urban poor and vulnerable groups such as migrant workers in the wake of COVID 19 pandemic.
As an emergency support measure, a fast disbursing loan in the volume of EUR 460 Million (Rs 3893 Crores) has been committed to support India's move towards a systematic social protection scheme.
The salient features of the intended system based social protection are:
· develop systems and processes which will allow coordinated action across ministries and states
· achieve a good balance between social assistance and social insurance programmes
· allow for portability of ' in kind benefits' which could improve outreach to vulnerable groups e.g. migrant workers
· through digitalisation, capacity building at state levels and streamlining of efforts and existing central, state and local government programmes achieve targeted delivery, need based flexibility and rapid response
Image source - Twitter
German Embassy India (@GermanyinIndia) | Twitter
No comments:
Post a Comment