World Bank’s Country Head, Junaid Ahmad On WHO’s 1 Billion Dollar Aid To India

The World Bank has announced a billion dollar support package for India. Speaking to ET NOW, Country Head, Junaid Ahmad says chances of V-shaped recovery remain slim but hopes that monetary & fiscal interventions helps India avoid negative growth. He also adds that the World Bank $1bn aid for social protection prog will be milestone based. States to play a major role in enhancing social protection programme. Shifting social protection system from rural focus to national takes time. Current aid will focus on making PDS, DBT more streamlined. In talks with govt on another aid for MSMEs. Need economy to function for demand to revive. Countries around the world have given up hope of a V-shaped recovery. Countries globally would need both supply side & demand side intervention. Hoping monetary & fiscal interventions will help India to avoid negative growth. Tune in for the full interview. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com