India has provided 10 lakh dollars to a joint fund formed by India, Brazil, and South Africa, which undertake projects aimed at reducing poverty and hunger. On Monday, Ruchira Kamboj, India's Permanent Representative to the UN Ambassador, handed over a cheque of $1 million as a contribution towards the India, Brazil and South Africa Facility for Poverty and Hunger Alleviation Fund (IBSA Fund) to Dima Al-Khatib, Director of the UN Office for South-South Cooperation (UNOSSC).
Speaking on the occasion, the UN Ambassador said the focus of India's G20 Presidency was the "development of the people, by the people and for the people". Accordingly, "India is committed to supporting the IBSA Fund as we believe that the Fund has made a positive impact on the lives of millions across the Global South and has strengthened the spirit of South-South cooperation," she said.
A press release issued by the Permanent Mission of India to the UN said that annually, each of the IBSA countries India, Brazil, and South Africa contributes one million dollars to the Fund in a sprit of partnership and support for Southern-led, demand-driven, transformative projects in developing nations.
Denne historien er fra March 12, 2024-utgaven av The Business Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 12, 2024-utgaven av The Business Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Odisha startup launches autonomous drone service
Bon V Aero has launched a fully autonomous logistics drone service called Air Orca.
ITI Ltd gets orders worth Rs 4,559 cr
With this, ITI Limited has emerged as the lowest bidder for three packages taking the total order value to Rs 4,559 crores, the company informed stock exchanges in a filing on Sunday.
Trump presidency set to benefit India due to US-China rivalry: Moody's Ratings
Trump's trade policy approach would likely bring immediate impacts to the manufacturing sector, the Moody's Ratings said, adding that although a divided Congress might slow down or adjust the scope of such measures.
EPFO clears audit Backlog, pushes reforms ahead of 72nd Foundation Day
Labour Secretary and Chairperson of Executive Committee, Central Board, Employees' Provident Fund Organization (EPFO), Sumita Dawra, presided over the 109th Meeting of the Executive Committee this week in the national capital.
Biz as usual in Canada despite tensions between New Delhi, Ottawa: SBI
State Bank of India (SBI) has not seen any impact in Canada despite the ongoing tensions between New Delhi and Ottawa, a top bank official has said.
FMCG brands drive premiumisation amid inflation
Despite persistent inflation and sluggish demand, several leading FMCG and retail brands are doubling down on their premiumization strategies, reshaping their approach to appeal to discerning customers.
Supreme Court Issued Notice To Delhi Tree Authority And Officers: What Procedure Followed In Tree Felling?
The Supreme Court in the case MC Mehta versus The Union Of India And Ors observed and has issued notice to the Tree Authority and the Tree Officers who are being appointed under the Delhi Preservation of Trees Act, 1994, in a petition filed seeking to prevent the Delhi government in order to permit tree felling under the Act without prior permission from the court.
SC: LIS PENDENS DOCTRINE KICKS IN WHEN PETITION IS FILED AND NOT WHEN COURT ISSUED NOTICE; IT APPLIES EVEN IF PETITION WAS IN DEFECT
The bench comprising of Chief Justice of India DY Chandrachud, Justice JB Pardiwala and Justice Manoj Misra was hearing the present matter.
Delhi High Court: Cannot Approve MCD Not Paying Wages, Retiral Benefits To Its Employees; If They Default Must Suffer Interest
The Delhi High Court in the case Municipal Corporation of Delhi Versus Bijender Singh observed and has stated that it can never be an approver to the Municipal Corporation of Delhi, MCD for not paying wages or retiral benefits to its employees.
Delhi High Court To Centre: Take Policy Decision On Guidelines For Foreigners With Criminal Cases And Expired Indian Visas
The Delhi High Court in the case Court On Its Own Motion v State observed and has asked the Union Government to take a policy decision as to whether certain guidelines ought to be framed at national level in respect of foreigners against whom criminal cases are lodged and whose Indian visas have expired.
