Page-3 of International development Current Affairs, GK & News
The European Bank for Reconstruction and Development (EBRD) has recently approved India’s membership after its shareholders gave their nod to make India its 69th member. The formal membership process will now get underway, which includes the purchase of shares by India at an estimated cost of around €1 million. The London-headquartered EBRD is a multilateral ..
Topics: Countries • Economy • Economy of the European Union • Emerging market • European Bank for Reconstruction and Development • India • International development • International finance institutions • Multilateral development banks • World
India has been ranked at the 62nd place among emerging economies on an Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF). India’s position is much below China (26th) and Pakistan (47th). The 2018 index, which measures the progress of 103 economies on three individual pillars – growth and development; inclusion; and inter-generational equity ..
India has been ranked 100th out of 149 countries at the 11th edition of Legatum Prosperity Index (LPI-2017). The index offers an insight into how prosperity is forming and changing across the world. It is the world’s leading global measure of economic and social well-being that studies 104 indicators under these categories: Economic Quality, Business ..
India pledged to contribute $100 million to UN partnership fund at 2017 UN Pledging Conference for Development Activities
India has pledged additional $100 million towards India-UN Development Partnership Fund to help the poorest nations achieve the world organisation’s Sustainable Development Goals (SDGs) to reduce poverty and raise the quality of life. This contribution would be in addition to $10.582 million India is contributing to various other UN programmes. Anjani Kumar, a Counsellor in ..
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.