Friday , June 14 2024

India donates $1 million to IBSA to fight poverty and hunger

India is a country which never holds back or is afraid of helping anyone. India has always been at the forefront in helping the needy. In this sequence, India has once again proved its maritime spirit by donating one million dollars to fight poverty and hunger. This donation has been given to the fund managed by India, Brazil and South Africa.

Ruchira Kamboj presented the cheque.

India's Permanent Representative to the United Nations Ruchira Kamboj on Monday handed over a check of $1 million to Dima Al-Khatib, Director of the United Nations Office for South-South Cooperation (UNOSSC) as India, Brazil and South Africa contribute to eradicating poverty and hunger. . Fund (IBSA).

People's development in the heart of India

Ruchira Kamboj said the focus of India's G-20 presidency was on development 'of the people, by the people and for the people'. He said India is committed to supporting the IBSA Fund as we know that the Fund has positively impacted the lives of millions of people in the Global South. Furthermore, the spirit of South-South cooperation has strengthened.

$1 million is donated every year

A statement issued by India's Permanent Mission to the UN said India, Brazil and South Africa contribute $1 million annually to the IBSA fund.

This is the donation given so far

Since the IBSA Fund was established in 2004 and began operations in 2006, India has contributed more than $1.8 million to the Fund. The United Nations Office for South-South Cooperation serves as the fund's fund manager and secretariat.

How does the IBSA fund work?

The IBSA Fund supports projects that aim to promote food security and provide access to safe drinking water to combat HIV/AIDS. The fund has so far allocated $50.6 million supporting 45 projects in 37 countries in the Global South.

Three schemes have been approved

The IBSA Fund has already approved three projects this year, including rural electrification using micro-grids in southern Belize, empowering women and youth to run sustainable agriculture in South Sudan, and agri-business development in Palestine. Investing is involved.