Page-2 of International development Current Affairs, GK & News

UNDP releases 2018 global Multi-dimensional Poverty Index (MPI)

According to the 2018 global Multidimensional Poverty Index (MPI), India has reduced its poverty rate drastically from 55% to 28% in 10 years between 2005-06 and 2015-16. The report, covering 105 countries, dedicates a chapter to India because of this remarkable progress. In India, a total of 271 million (27.10 crore) people moved out of ..

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Development Financial Institutions

Development Financial Institutions are specialized institutions set up primarily to provide development/ Project finance especially in developing countries. These development banks are usually majority-owned by national governments. The source of capital of these banks is national or international development funds. This ensures their creditworthiness and their ability to provide project finance in a very competitive rate. ..

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2018 World Development Information Day (WDID)

The World Development Information Day (WDID) is observed every year on October 24 to draw the attention of the world to development problems and the necessity of strengthening international cooperation to solve them. The special day, which was established by UN General Assembly (UNGA) in 1972, coincides with the United Nations Day (UND) which also ..

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India ranked 147th at UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index

India has been ranked 147th among 157 countries at the UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index’ 2018. The 2nd edition of the annual index finds that countries such as South Korea, Namibia and Uruguay are taking strong steps to reduce inequality. However, countries such as India and Nigeria “do very badly” ..

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Utkrisht Impact Bond

At the Global Entrepreneurship Summit in Hyderabad, The United States Agency for International Development (USAID) has launched a health-impact bond to reduce maternal and neo-natal deaths in Rajasthan by improving the quality of services at private healthcare facilities. It has been developed in a public-private partnership and will provide financial assistance to 440 small healthcare ..

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