logo

India pledges of $13.36 mn for UN agencies development activities

India pledges of $13.36 mn for UN agencies development activities

United Nations: India pledged contributions of USD 13.36 million for the various UN agencies and development activities, emphasising that the world organisation should have the necessary resources to finance its activities in a balanced manner.

During the 2018 United Nations Pledging Conference for Development Activities here Monday, First Secretary in India's Permanent Mission to the UN Mahesh Kumar said India has been a regular contributor to the UN since its founding and believes that the UN should have the necessary resources to finance its activities, in an appropriate and balanced manner.

India's pledged contributions include USD 4.5 million to the UN Development Programme, five million dollars to the UN Relief and Works Agency for Near East, USD 1.92 million to the World Food Programme.

USD 790,000 to United Nations Children's Fund, USD 500,000 to UN Population Fund, USD 150,000 to UN Commission on Human Settlements Programme and USD 100,000 each to UN Voluntary contribution for Financial and Technical Assistance for the implementation of Universal Periodic Review, UN Environment Programme and UN Office on Drugs and Crime.

Kumar said the list is not exhaustive and India is separately processing contribution for Voluntary Trust Fund on Contemporary Forms of Slavery, Voluntary Trust Fund for Victims of Torture and UN Volunteers.

About 19 countries pledged a total of USD 425.69 million at the Pledging Conference, reflecting an increase from the 2017 amount of USD 398.98 million.

Chief of the Operational Activities Policy Branch in the Department of Economic and Social Affairs Zina Mounla said funding for humanitarian assistance has been increasing faster than funding for development-related activities.

In the past five years, funding for humanitarian activities has increased by 65 per cent compared to a 10 per cent rise in funding for development.

Last year, India in association with the UN Office for South South Cooperation, established the India-UN Development Partnership Fund, a USD 100 million development finance facility.

Earlier this year an additional Commonwealth Window of USD 50 million was added to the Fund, to forge development partnership with developing countries members of the Commonwealth.

Together the Fund and the Commonwealth Window will provide USD150 million for development partnerships and this year, USD 16 million were contributed in the Fund and the Window.

"These resources are non-earmarked in the spirit of sustained predictable funding for the SDGs and South South Cooperation," Kumar said.

Since its establishment, 25 member states have partnered with the India Fund from Africa, Latin America and the Caribbean and, Asia and the Pacific regions.

PTI

PTI

Our Contributor help bring you the latest article around you


Exclusive

View All

Latest News

View All
Share it
Top