You are here: Home » Current Affairs » News » National
Business Standard

UN agencies, member states hail India's commitment in UN partnership fund

India's Permanent Mission to the UN commemorated the 3rd anniversary of the India-UN Development Partnership Fund Monday

Topics
India and United Nations | Digitisation | Nepal

Press Trust of India  |  New York 

People seen waving the National flag on the occasion of the 73rd Independence Day in New Delhi, Thursday, Aug. 15, 2019. (Photo: PTI )
(Photo: PTI )

A host of UN agencies and developing nations on Monday lauded India's leadership role in the India-UN Development Partnership Fund, describing it as the country's strong support for development priorities of nations in the global South and a reflection of the ideals and values of Mahatma Gandhi.

India's Permanent Mission to the UN commemorated the 3rd anniversary of the India-UN Development Partnership Fund Monday.

The Fund, established in 2017, has so far supported 59 projects in 48 countries, through USD 47.8 million in contributions from a USD 150 million multi-year pledge by the Government of India.

India's Permanent Representative to the UN Ambassador T S Tirumurti told the virtual commemoration that India has throughout its history prioritised cooperation over conflict, co-existence over the competition, sharing over receiving, plurality over hegemony and inclusivity and democracy over exclusion and control. This has underpinned our approach to development cooperation as well."

Noting that India has always remained a strong votary of non-earmarked resources for development in multilateral institutions, Tirumurti said sustainability has been the focus of India's developmental efforts.

India shuns any effort to impose conditionalities or to create indebtedness or to constrain developmental space for developing countries," he said, reiterating India's full commitment to realising the true potential of this remarkable partnership for peace, prosperity and development.

Speaking at the virtual commemoration, said it is one of the beneficiaries of India's generous assistance and appreciates India's efforts on South-South cooperation, according to information from the Indian Mission.

The Sri Lankan envoy applauded and congratulated the Indian government and said India's leadership and dedication in the Fund provide much-needed support for development priorities of developing countries.

"The initiative of India reflects the values of Gandhi, the Sri Lankan envoy said.

Ambassador and Permanent Representative of Palau to the United Nations Ngedikes Olai Uludong said Palau appreciates the gesture of solidarity from India and the Fund, which she said is an important partner of Palau and is valuable especially in the time of the COVID-19 pandemic.

Ambassador and Permanent Representative of Fiji to the United Nations Satyendra Prasad congratulated India on the 3rd Anniversary of the Fund and said some of the most catalytic-innovative SDG investments are supported through this South-South Partnership. Fiji especially welcomes India's support for risk financing.

Secretary-General of the Commonwealth Patricia Scotland QC said the Fund is a commitment to multilateralism from India and an opportunity for all nations to come together for cooperation and development.

She said India has always seen the value in engaging with multilateral institutions and the Fund is an embodiment of that value.

She added that the Fund's projects in collaboration with the Commonwealth are just the beginning and India's ambitious support is a statement of intent that is greatly welcomed.

Vice Foreign Minister of Honduras Norma Cerrato said the country has greatly benefited by the contribution from India.

Antigua and Barbuda said the Fund has been extremely cooperative and Prime Minister Gaston Alfonso Browne has extended his congratulations to Prime Minister Narendra Modi and his government for the partnership through the Fund.

Australia also congratulated the Indian government for progress under the Fund. Australia, while not being a beneficiary of the Fund, said it looks forward to working with nations to enhance South-South cooperation.

The Maldives said nations should follow India's lead as an example of multilateralism, while Kiribati said through the Fund, New Delhi is taking good leadership of the multilateral partnership.

The Gambia also commended India for demonstrating a commitment to south-south cooperation and Uganda voiced appreciation for making the fund more accessible.

The India-UN Development Partnership Fund is a dedicated facility within the United Nations Fund for South-South Cooperation established in 2017.

It is supported and led by the Government of the Republic of India, managed by the United Nations Office for South-South Cooperation, and implemented in collaboration with the United Nations system.

The India-UN Development Partnership Fund supports Southern-owned and led, demand-driven, and transformational sustainable development projects across the developing world, with a focus on least developed countries and small island developing states. United Nations agencies implement the Funds projects in close collaboration with partnering governments.

UN Development Programme (UNDP) Administrator Achim Steiner said the Fund echoes India's strong commitment to the UN and to the idea of a global family of nations working together to provide practical value.

United Nations Capital Development Fund Executive Secretary Judith Karl said India has demonstrated the possibility of successful digitisation, the impact of strong leadership through the Fund and the agency looks forward to continuing the collaboration towards South-South Cooperation, according to a tweet by the Indian Mission.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, September 14 2020. 23:51 IST
RECOMMENDED FOR YOU
.