Question : India has recently contributed to the India-UN Development Partnership Fund.Which of the following statement is correct regarding this partnership fund ?
(a) The India-UN Development Partnership Fund is a dedicated facility within the United Nations Fund for South-South Cooperation established in 2017.
(b) India has recently contributed $15.46 million to the India-UN Development Partnership Fund
(c) The tranche of $15.46 million includes $9.46 million to the overall fund, in which all the developing countries are eligible for partnership, and $6 million dedicated to the Commonwealth countries.
(d) Only (a) & (b)
Answer : (d)
Related facts
- India has recently(August 2020) contributed $15.46 million to the India-UN Development Partnership Fund.
- The tranche of $15.46 million includes $6 million to the overall fund, in which all the developing countries are eligible for partnership, and $9.46 million dedicated to the Commonwealth countries.
- The India-UN Development Partnership Fund is a dedicated facility within the United Nations Fund for South-South Cooperation established in 2017.
- The India-UN Development Partnership Fund is managed by the UNOSSC and implemented under the leadership of partner developing countries leveraging the strengths of United Nations Agencies, Funds and Programmes.
- Since the fund’s inception in 2017, as many as 55 projects and proposals have been approved to date with a total contribution of $41.8 million towards a $150 million multi-year pledge.
By — Pankaj Pandey.