Headlines
India pays up $32M annual UN dues, getting place on 'honour roll'
United Nations, Feb 2
India has paid its annual dues of $32.895 million to the UN's general budget, according to Stephane Dujarric, the Spokesman for UN Secretary-General Antonio Guterres.
At his daily briefing on Thursday, he thanked New Delhi for the contribution which earned it a place on UN's "honour roll".
India is one of the only 36 countries among the UN's 193 members to have paid its annual assessment for the UN's general budget by the deadline on Wednesday, according to the UN General Assembly's Committee on Contributions.
New Delhi's total assessment for the general budget is $36.18 million but it is given a credit of $3.85 million, which is the credit from staff assessments -- deductions made from the salaries of UN employees who are Indian nationals in lieu of income taxes, and credited to India.
India's contribution makes up 1.044 per cent of the total regular budget of the UN of the UN's budget of $3.59 billion.
The national contributions are calculated by a complex formula that is based on the size of the gross national income and offset by considerations of its "capacity to pay" based on low per capita income and external debt.
Because of the formula, India's assessment is only 1.044 per cent of the UN's budget of $3.465 billion despite it being the world's fifth largest economy.
Thus, India's share is less than that of even some developing countries like Brazil and Mexico.
The US is the biggest contributor to the UN's regular budget, with an assessment of $762.43 million -- 22 per cent of the total -- followed by China, whose assessment is 15.25 per cent or $528.64 million.
The UN has separate budgets for capital works, tribunals and peacekeeping.
3 minutes ago
Upset Hindus urge Bangkok rooftop to drop Lord Hanuman's name from bar-restaurant
1 hour ago
NAMAM to Honor Community Leaders at 2026 Excellence Awards Gala in New Jersey
1 hour ago
AAPI Women’s Forum 2026: Celebrating the Diverse and Limitless Identities of Women
1 hour ago
‘1,000 missiles locked and loaded’: Trump warns Iran of massive retaliation over alleged assassination threats
1 hour ago
China dismisses ‘China Shock 2.0’ concerns, says industrial growth benefits global markets
1 hour ago
Security upgrade planned for Lafayette Park with proposed permanent fence near White House
1 hour ago
Iran assassination threat shadows Trump flight
1 hour ago
US grant rule could hand China edge: Lawmakers
1 hour ago
China warns US over forced labour tariffs
1 hour ago
India, New Zealand elevate ties to Strategic Partnership: PM Luxon
1 hour ago
Trump denies reports of Israel sharing information on alleged Iranian assassination plot
1 hour ago
India discusses strengthening relations with premier of Newfoundland and Labrador
1 hour ago
China erasing Tibetan identity: ICT
