World Development Information Day: 24 October

-


 

  • The United Nations’ World Development Information Day is held on October 24 every year.
  • The day aims to draw the attention of world public opinion to development problems and the need to strengthen international cooperation to solve them for overall growth and development.
  • The General Assembly in 1972 established World Development Information Day to draw the attention of the world to development problems and the need to strengthen international cooperation to solve them.
  • The Assembly decided that the date for the Day should coincide with United Nations Day, 24 October, which was also the date of the adoption, in 1970, of the International Development Strategy for the Second United Nations Development Decade.

Comments

Post a Comment

Popular posts from this blog

These 5 PSU bank stocks are trading near their face value. Here's why

-
  These 5 PSU bank stocks are trading near their face value. Here's why Five out of 12 public sector banks are trading near the face value of their equity shares on bourses regardless of a rally in stock benchmark indices, according to an analysis. Shares of state-run Indian Overseas Bank are even trading below the face value of Rs 10 per share. The stock closed at Rs 9.27 on Friday at BSE when the benchmark index Sensex closed at 40,509.
Read more

GST shortfall: Centre borrows, transfers Rs 6,000 crore to 16 states, two union territories

-
Image
The finance ministry said that the Centre would borrow from the market to pay the GST compensation shortfall of Rs 1.1 lakh crore to states, and then act as an intermediary to arrange back-to-back loans to state governments. The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states and two union territories, including Maharashtra, Gujarat, Bihar, Assam, Delhi and J&K, the finance ministry said on Friday. Last week, the Centre gave in to the demands of opposition-ruled states to borrow and fund the GST compensation shortfall. The ministry said the government of India has evolved a special borrowing window to address the shortfall in the GST collection during the year 2020-2021. Twenty-one states and two union territories opted for this special window involving back-to-back borrowing coordinated by the Ministry of Finance.
Read more