organizations has increased 7 times. In an earlier story on Factly, the funding structure of United Nations was explained along with the contribution by various countries. India’s contribution to the UN was alsodiscussed in the story. Similar to United Nations, there are various other international organisations such as World Health Organisation, United Nations Development Programme, International Labour Organisation etc. to which India contributes like other countries. For developing countries like India, achievement of developmental goals is possible only through collaboration with such multilateral agencies. Global issues such as poverty, health, terrorism, environmental concerns and pandemics too need to be addressed for which involvement in activities of international organisations that work with a common objective will be the most effective. In this story, we take a look at India’s pecuniary contributions. As per the data presented during the budget, India contributed to more than 150 International bodies in 2017-18. Those contributions made by India above ₹ 15 crores in the financial year 2017-18 have been taken into consideration in this study. Compared to 2005-06, India’s contribution has increased almost 7 times The focus of this story is on India’s contribution to international bodies since 2005. Over the span of 12 years, India’s actual expenditure through contribution to these bodies has been increasing gradually. From ₹ 301 crores in financial year 2005-06, India’s contribution to various international bodies has increased to ₹ 2013 crores in financial year 2017-18, an increase of almost 7 times. In 2008-09, India contributed ₹ 1041.4 crores to the United Nation’s budget and hence a bump in the overall figures. The reasons for such a high contribution in that particular year are not known. In the previous financial year, 2007-08, India’s contribution to the UN was only ₹ 42 crores and in 2009-10, this was around ₹ 104.6 crores. India started contributing more than ₹ 400 crores annually to IDA since 2014-15 Compared to 2013-14, the expenditure incurred on contributions to international bodies has almost doubled in 2014-15. This is primarily because India started contributing to the International Development Association (IDA) starting 2014-15. The amount contributed to IDA is also high- above ₹ 400 crores annually. India is one among the 35 countries that have graduated from IDA at different times. The IDA is a global financial institution that was formed in 1960 aimed at providing concessional loans to the poorest developing nations across the world. India graduated from the IDA in the year 2014. Since then, India has contributed ₹ 418 crores in 2014-15, ₹ 445.9 crores in 2015-16, ₹ 454.1 crores in 2016-17 and ₹ 408.3 crores in 2017-18. India has also contributed to the Asian Development fund (ADF) during this period. The amount paid to ADF was ₹ 91.4 crore in 2014-15, ₹ 48.1 crore in 2015-16 and ₹ 50.9 crores in 2016-17. In 2017-18, India paid ₹ 64.5 crores to ADF. In addition to these, India has contributed ₹ 36.3 crores in 2015-16 and ₹ 67.3 crores in in 2017-18 towards African Development Fund. In 2016-17 and 2017-18, India has also spent ₹ 100.9 crores and ₹ 115.8 crores to fund South Asian Regional Training and Technical Assistance Centre which is a collaborative venture between the International Monetary Fund, member countries and development partners. This centre was inaugurated in 2017. The body has been formed with the objective to reduce poverty and support growth in the member countries of Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka. While contribution to some of theseorganisations such as the World Health Organisation, United Nations, UNDP,World Trade Organisation and others has been on for decades, contributions madeto South Asian University, Nalanda University, IDA, etc. started only recently,in the last decade. For ease of understanding, the top 13 organisations/ bodiesto which India contributes have been considered for the following analysis. India has been regularly contributing to these 10 organisations & the contributions account for 15.3% of India’s total contribution India has been regularly contributing tocertain international agencies. Expenseunder the International Cooperation of the Department of Agriculture,Cooperation and Farmers’ Welfare includes the contributions made by India tothe Food and Agriculture Organisation (FAO) and the United Nations’ World FoodProgramme (UNWFP).
Shipping Digest
How much does India contribute to various International Agencies?
Tags