India’s contribution to UN increases to Rs 244 crore in 2015-16: Government

India’s contribution to the United Nations has rose by 55% to Rs 244 crore in 2015-16 compared with the previous fiscal. In 2014-15, India had contributed Rs 157 crore.
It was announced by Union External Affairs Minister Sushma Swaraj in the Lok Sabha. In the same period, India also made voluntary contributions to tune of Rs 22 crore to international organisations, including UN agencies.
For the period 2016-18, India’s Scale of Assessment for the UN’s Regular and Peacekeeping budgets has been fixed at 0.737% and 0.1474%, respectively.

How countries contribute to UN?

Each UN member is required to contribute to the organisation’s Regular and Peacekeeping budgets. These obligatory contributions are calculated based on a member’s relative ‘capacity to pay’. It is defined through a scale of assessment that takes into account the member country’s Gross National Income relative to the Global Gross National Income, further adjusted for the level of its national external debt and low per capita income. For Peacekeeping budget all permanent members of the UN Security Council (UNSC) bear special responsibilities for the maintenance of international peace and security, but they also contribute additional amounts.

Month: Current Affairs - March, 2017