Left Menu
Development News Edition

India contributes USD 1 million to UN fund

PTI | United Nations | Updated: 14-08-2019 09:56 IST | Created: 14-08-2019 09:54 IST
India contributes USD 1 million to UN fund
(Representative Image) Image Credit: Reuters

India has contributed USD one million to the UN Special Purpose Trust Fund for the Resident Coordinator System. The Special Purpose Trust Fund (SPTF) is a specific fund housed within the UN Secretariat established to receive, consolidate, manage and account for all contributions and financial transactions of the new Resident Coordinator system in a transparent and effective way, according to the UN information.

"Tangible contribution. India is happy to tangibly contribute to reform of the @UN Development system," India's Permanent Representative to the UN Ambassador Syed Akbaruddin tweeted Tuesday. The SPTF web portal displays in real-time all commitments, contributions and expenditures recorded for the fund.

Funding sources include voluntary contributions from the Member States, the doubling of cost-sharing amounts from the UN entities who are members of the United Nations development system and a one percent levy applied to contributions for UN development-related activities earmarked to a single agency, single program or project.


TRENDING

OPINION / BLOG / INTERVIEW

Pandemic must be impetus, not obstacle, for clean water access

To make matters worse, there are suspicions that the inadequacy of wastewater treatment methods in California, the rest of the USA, and indeed around the world may help to propagate the disease even more widely. ...

3D printing and the future of manufacturing post COVID-19

The on-demand, customizable, and localized manufacturing of product components facilitated by 3D printing has the potential to redefine manufacturing but there are certain technical, mechanical, and legal limitations that, unless ...

How UK’s 'best prepared' healthcare system failed to gauge COVID-19

The UK is proud of their public health system and its unlike any other country as around 90 percent of British public supports the founding principles of National Health Service. But without accurate data being available to stakeholders in ...

Poor on IHR capacity progress in 2019, WHO says Cambodia tops COVID-19 response

Despite being in proximity to Hubei, the original epicenter of COVID-19 pandemic, Cambodia has reported just 226 confirmed cases and zero deaths. After seeing the data, WHO appreciated Cambodias healthcare information system but experts dou...

Videos

Latest News

Ghaziabad police chief addresses cops' grievances

The district police chief on Sunday said he held a meeting with policemen and settled their complaints, mainly related to leaves and heavy workloadAs many as 250 policemen were present at the meeting to express their grievances and issued f...

Mahakal Temple: Entry for devotees from outside MP from Mon

After a 20-day ban amid the coronavirus outbreak, devotees from outside Madhya Pradesh will be allowed entry into the renowned Mahakaleshwar Temple in Ujjain from Monday, an official said. The decision was taken at a meeting of the district...

Goa Cong demands investigation in Shrikant Ajgaonkar's role in match-fixing allegations

Goa Pradesh Congress Committee GPCC has demanded an investigation into the role of Shrikant Ajgaonkar, who is the vice-chairman of Goa Football Development Council GFDC, in the match-fixing allegations in Goan domestic football. GPCC Spokes...

Spectacles believed to be worn by Gandhi emerge at UK auction

A pair of gold-plated spectacles believed to have been worn by Mahatma Gandhi and presented as a gift in the 1900s have emerged on the UK auction circuit, estimated to fetch between 10,000 pounds and 15,000 pounds. East Bristol Auctions in ...

Give Feedback