World Bank approves USD 1 billion emergency funds for India to tackle COVID-19 outbreak
Washington: The World Bank has approved USD 1 billion emergency funding for India to help it tackle the coronavirus pandemic, which has claimed 76 lives and infected 2,500 people in the country.
The World Bank's first set of aid projects, amounting to USD 1.9 billion, will assist 25 countries, and new operations are moving forward in over 40 nations using the fast-track process, the bank said on Thursday.
The largest chunk of the emergency financial assistance has gone to India - USD 1 billion.
"In India, USD 1 billion emergency financing will support better screening, contact tracing, and laboratory diagnostics; procure personal protective equipment; and set up new isolation wards," the World Bank said after its Board of Executive Directors approved the first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 response.
In South Asia, the World Bank also approved USD 200 million for Pakistan, USD 100 million for Afghanistan, USD 7.3 million for the Maldives and USD 128.6 million for Sri Lanka.
The World Bank said it was now working to grant up to USD 160 billion over the next 15 months to support measures to tackle the pandemic which will focus on the immediate health consequences and bolster economic recovery.
The broader economic program will aim to shorten the time to recovery, create conditions for growth, support small and medium enterprises, and help protect the poor and vulnerable.
There will be a strong poverty focus in these operations, with an emphasis on policy-based financing, and protecting the poorest households and the environment, it said.
"The World Bank Group is taking broad, fast action to reduce the spread of COVID-19 and we already have health response operations moving forward in over 65 countries," said World Bank Group President David Malpass.
"We are working to strengthen (the) developing nations' ability to respond to the COVID-19 pandemic and shorten the time to economic and social recovery. The poorest and most vulnerable countries will likely be hit the hardest, and our teams around the world remain focused on country-level and regional solutions to address the ongoing crisis," Malpass said.
According to the bank, USD 100 million will support Afghanistan to slow and limit the spread of COVID-19 through enhanced detection, surveillance, and laboratory systems, as well as strengthen essential health care delivery and intensive care.
In Pakistan, USD 200 million will support preparedness and emergency response in the health sector and include social protection and education measures to help the poor and vulnerable cope with the immediate impacts of the pandemic, the bank said.
Responding to widespread supply chain disruptions, the World Bank is helping countries access critically needed medical supplies by reaching out to suppliers on behalf of the governments.
The World Bank is encouraging others to provide financial support to developing countries for the COVID-19 health response, said the media statement.
A total of 1,002,159 COVID-19 cases have been reported across more than 175 countries and territories with 51,485 deaths reported so far, according to Johns Hopkins University data.
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Sharad Pawar's 'merger with Cong' remark shows it's difficult for him to run his party,says Fadnavis
Mumbai, May 8: NCP founder Sharad Pawar's remark on regional parties' possible merger with the Congress shows it has become difficult for him to manage his own party, Maharashtra Deputy Chief Minister Devendra Fadnavis said on Wednesday.
Chief Minister Eknath Shinde latched on to Pawar's comment to target Shiv Sena (UBT) chief Uddhav Thackeray, saying the latter has already become "Congress-minded".
Another leader of the ruling 'Mahayuti' in Maharashtra said Pawar's remarks reflect that ground was slipping from under his feet in his home turf Baramati and the only option before him was merging his party with the Congress.
In an interview to The Indian Express, Pawar said that in the next couple of years, several regional parties will associate more closely with the Congress or may look at the option of merger with it if they believe that is best for their party.
To a question if that applied to his own party, Pawar told the newspaper that he doesn't see any difference between the Congress and his party because both belong to the Gandhi, Nehru line of thinking.
Pawar made it clear that any decision on strategy or the next step will be taken collectively. He also said that his party is close to the Congress ideologically and that Uddhav Thackeray is positive about working together with like-minded parties.
Asked about Pawar's remark, Shinde said the Shiv Sena (UBT) has already become Congress-minded.
"Pawar is a big leader and he makes such statements. But the Sena (UBT) faction has already become Congress as they speak the language of the Congress and Pakistan," Shinde, who heads the ruling Shiv Sena, said.
"Just the formality (of merger between them) is remaining," he added.
Fadnavis said that through his remark, Pawar might be suggesting that it was difficult for him to run his party and hence he may opt to merge it with the Congress.
"It is nothing new because Pawar has formed new parties and later merged them with the Congress," he said.
Former Congress leader Sanjay Nirupam, who recently rejoined the ruling Shiv Sena led by CM Shinde, said Pawar has been thinking about merging his party with the Congress for a long time and even the Congress had given the proposal to this effect to him.
"But Congress rejected the proposal to entrust the leadership to Supriya Sule. Pawar's fresh comment suggests that the ground is slipping from under his feet in Baramati. Even if that is not the case, he has no option but merge his party with Congress which will be seen as a merger of two loss-making companies," the former MP said.
BJP leader Prasad Lad asked whether the Sena (UBT) will merge with the Congress along with the Sharad Pawar-led party.
"Uddhav Thackeray has stopped saying 'My Hindu brothers and sisters' at the outset of his speeches. He has become friends with those who criticise Veer Savarkar. Only time will tell whether Thackeray will merge his party with Congress," he said.
NCP (SP) working president Supriya Sule said her father made a generic statement.
Leader of Opposition in the state assembly and senior Congress leader Vijay Waddetiwar said there was truth in what Pawar said.
"He has a long-term vision. People are fed up with the dictatorial regime and want a change of guard," he said, targeting the BJP-led government.
Chhagan Bhujbal of the Ajit Pawar-led NCP said he doesn't think regional parties will merge with the Congress.
"They are strong in their respective states and have formed governments in West Bengal and Odisha," he said, referring to the Trinamool Congress (TMC) and the Biju Janata Dal (BJD).
The NCP founded by Sharad Pawar in 1999 split in July 2023 after his nephew Ajit Pawar rebelled against him and joined the Eknath Shinde-led government. The Election Commission and assembly speaker later recognised the Ajit Pawar-led faction as the "real NCP" and allotted the clock symbol to it, while the NCP (SP) group was given 'man blowing turha' as the symbol.
