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India contributes additional million dollars to UN partnership fund

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Source: Indian Express

India has contributed an additional million dollars to a UN partnership fund aimed at supporting sustainable development projects across the developing world. The Indian-UN Development Partnership Fund was launched last month as a partnership between India and the United Nations Office for South-South Cooperation (UNOSSC).

The initial contribution made by India of a million dollars when the fund was created and the amount was allocated for the implementation of a project benefiting seven Small Island Developing States in the South Pacific. On Thursday, India extended its support to sustainable development through the multilateral system by making a supplemental contribution of one million dollars to the fund.

The fund, launched by Minister of State for External Affairs, M J Akbar during the Oceans Conference at the world body’s headquarters, prioritises reducing poverty and hunger, improving health, education and equality, and expanding access to clean water and energy.

“India’s approach to cooperation can be summarised as Vasudhaiva Kutumbakam, or the whole word is one family,” India’s permanent representative to the UN Ambassador, Syed Akbaruddin said.

“With this approach, we engage in South-South cooperation.”

UNDP (United Nations Development Programme) Administrator, Achim Steiner said the India-UN Development Partnership Fund plays an important role in funding South-South cooperation for effective development, and “thereby contributes to meeting both national development goals and the commitments of Agenda 2030.”