Shri Dinesh Sharma, Additional Secretary, Department of Economic Affairs, Ministry of Finance and India’s Governor to the International Fund for Agricultural Development (IFAD), Rome was unanimously elected as the Chairperson of the Governing Council of IFAD for a period of two years in its 39th Session held in Rome, Italy . Speaking on the occasion, the Italian President Mr Sergio Mattarella said that hunger and poverty are insidious, and are at the root of conflict and instability and are the link in chain that we need to break first to deal with emergencies and humanitarian disasters.
The aforesaid Governing Council Session was marked by special focus on inclusive growth and on the investments required to meet the Sustainable Development Goals in the realm of eradicating poverty and hunger. India emphasised that economic growth must be inclusive and participatory; and should result in an enhanced access to opportunities to all. India further added that access to formal finance at an affordable cost and in a transparent manner, would be crucial for a meaningful financial inclusion. The Indian Delegation also apprised the gathering about the steps taken by the Government of India to promote financial Inclusion through the ‘Pradhan Mantri Jan Dhan Yojana (PMJDY)’ and ‘Direct Benefit Transfer (DBT)’.
About IFAD: The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference. The conference was organized in response to the food crises of the early 1970s that primarily affected the Sahelian countries of Africa. 
It resolved that “an International Fund for Agricultural Development should be established immediately to finance agricultural development projects primarily for food production in the developing countries.” One of the most important insights emerging from the conference was that the causes of food insecurity and famine were not so much failures in food production but structural problems relating to poverty, and to the fact that the majority of the developing world’s poor populations were concentrated in rural areas. http://www.ifad.org/index.htm
IndianBureaucracy.com wishes the very best.
Leave a Reply
You must be logged in to post a comment.