The Silicon Review
06 November, 2018
India will assist UN agencies and various development activities with a pledged contribution of $13.36 million towards the same. India made the announcement during the United Nation’s Conference for Development Activities.
India made the contribution towards the following programmes-
For UN Relief and Work Agency ($5M), UV development programmes ($4.5M), UN children’s Fund ($790,000), UN Commission on Human Settlements Programme ($150,000), UN Population Fund ($500, 0000) and the rest $1 lakh for UN Environment Programme and UN Office on Drugs and Crime and Financial and Technical Assistance for the implementation of Universal Periodic Review.
Apart from the contributions announced, India will contribute separately towards Voluntary Trust Fund on Contemporary Forms of Slavery, Voluntary Trust Fund for Victims of Torture and UN Volunteers.
This amount ($425.69M) collected this year is more than last year’s collection of $398M from 19 different nations.
In 2017, India rolled out its Development Partnership Fund for $100M in association with the UN Office for South-South Cooperation.
The past five years saw an increase in the funding for humanitarian activities by 65 percent.
Earlier in 2018, an additional of $50M (Commonwealth Window) was added towards the funds.
India is looking forward to improve funding practises to make voluntary funding more expectable, flexible, active and effective, and less earmarked.
This move by India towards UN is very prolific and generous.
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