Wednesday, June 7, 2023
  • English
  • Marathi
No Result
View All Result
Daily PRABHAT
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science
Daily PRABHAT
No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
Home Business

World Bank offers $125 mn loan to support social protection services in West Bengal

by Digital Desk
1 year ago
in Business, Top News
A A
World Bank stops all its projects in Russia, Belarus with ‘immediate effect’
Share on FacebookShare on Twitter

New Delhi : The World Bank has offered $125 million loan to support efforts to help poor and vulnerable groups access social protection services in the state of West Bengal, Union Finance Ministry said on Thursday.

West Bengal runs more than 400 programmes that provide social assistance, care services, and jobs. Most of these services are offered through an umbrella platform called Jai Bangla. The West Bengal Building State Capability for Inclusive Social Protection Project will support these interventions at the state level, with particular focus on vulnerable groups such as women, tribal and scheduled caste households, and the elderly, as well as households in the state’s disaster-prone coastal regions.
The Government of India, the Government of West Bengal, and the World Bank have signed an agreement for the $125 million loan to be provided through International Bank for Reconstruction and Development (IBRD).

The agreement was signed by Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India; Sudip Kumar Sinha, Secretary, Finance Department on behalf of the Government of West Bengal, and Junaid Ahmad, Country Director, India on behalf of the World Bank.

A recent survey found that while food and in-kind transfers reach most poor and vulnerable households in West Bengal, the coverage of cash transfers is weak. Access to social pensions by the elderly, widows and disabled persons is also weak due to cumbersome application processes and a lack of automated systems for application and eligibility verification.

“Over the next four years, the project will help strengthen the state’s capability to expand coverage and access to social assistance and to deliver cash transfers for the poor and vulnerable through a consolidated social registry,” the Union Finance Ministry said.

West Bengal faces challenges related to manual data entry, inconsistent beneficiary data across departments, and a lack of data storage and data exchange protocols. The project will help digitize the state’s unified delivery system, the Jai Bangla platform, to help consolidate disparate social assistance programs and speed the delivery of social pensions to vulnerable and poor households.

The project will also support the creation of a tele-consultation network for social care services, complemented by a cadre of case management workers who can help households with advice on eldercare and links to health services and facilities. It will also create an institutional platform to improve coordination and effectiveness of government interventions to address the state’s low participation of women in the labour force, the ministry said.

Tags: West BengalWorld Bank
ShareTweetSendShareSend

Latest News

UP: Gangster Sanjeev Jeeva shot at inside Lucknow’s Civil Court

NC leader Farooq Abdullah meets former PM Deve Gowda in Bengaluru

Stranded San Francisco-bound fliers: AI ferry flight likely to reach Russia tomorrow

“Won’t allow anyone to take law and order in their hands”: Maharashtra CM Shinde on Kolhapur clash

World’s 3rd largest start-up ecosystem in India hosts 100 Unicorns, creates jobs: Amit Shah

Kashmiri artist and Fullbright scholar Taha Mughal recounts his journey

Assam: Goods train carrying coal derailed near Boko, no casualty reported

From the valley to silver screen – Gul Reyaz’s cinematic triumphs in Kashmir

“The way Sara connects with people is very genuine”: Vicky Kaushal

Kareena Kapoor to Kangana Ranaut, celebs extend birthday wishes to Ektaa Kapoor

New Delhi : The World Bank has offered $125 million loan to support efforts to help poor and vulnerable groups access social protection services in the state of West Bengal, Union Finance Ministry said on Thursday. West Bengal runs more than 400 programmes that provide social assistance, care services, and jobs. Most of these services are offered through an umbrella platform called Jai Bangla. The West Bengal Building State Capability for Inclusive Social Protection Project will support these interventions at the state level, with particular focus on vulnerable groups such as women, tribal and scheduled caste households, and the elderly, as well as households in the state's disaster-prone coastal regions. The Government of India, the Government of West Bengal, and the World Bank have signed an agreement for the $125 million loan to be provided through International Bank for Reconstruction and Development (IBRD). The agreement was signed by Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India; Sudip Kumar Sinha, Secretary, Finance Department on behalf of the Government of West Bengal, and Junaid Ahmad, Country Director, India on behalf of the World Bank. A recent survey found that while food and in-kind transfers reach most poor and vulnerable households in West Bengal, the coverage of cash transfers is weak. Access to social pensions by the elderly, widows and disabled persons is also weak due to cumbersome application processes and a lack of automated systems for application and eligibility verification. "Over the next four years, the project will help strengthen the state's capability to expand coverage and access to social assistance and to deliver cash transfers for the poor and vulnerable through a consolidated social registry," the Union Finance Ministry said. West Bengal faces challenges related to manual data entry, inconsistent beneficiary data across departments, and a lack of data storage and data exchange protocols. The project will help digitize the state's unified delivery system, the Jai Bangla platform, to help consolidate disparate social assistance programs and speed the delivery of social pensions to vulnerable and poor households. The project will also support the creation of a tele-consultation network for social care services, complemented by a cadre of case management workers who can help households with advice on eldercare and links to health services and facilities. It will also create an institutional platform to improve coordination and effectiveness of government interventions to address the state's low participation of women in the labour force, the ministry said.
No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science