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IFAD : International Fund for Agricultural Development (IFAD)

Table of Contents

About

  • IFAD is an international financial institution and a specialised UN agency 
  • Aim : Address poverty and hunger in rural areas of developing countries
  • IFAD is the only multilateral development organization which focuses solely on rural economies and food security
  • It’s headquarters are in Rome, Italy
  • It funds and sponsors initiatives in the following areas
    • Land and water management
    • Rural Infrastructure
    • Train and Educate farmers in efficient technologies
    • Build resilience against climate change
    • Enhance market accessibility
  • It also helps people to expand their businesses.
  • The organization is an outcome of the World Food Conference of 1974
  • It is headed by a President
  • It has 177 member countries
  • It publishes the Rural Development Report annually
  • It is a member of the United Nations Sustainable Development Group

IFAD & INDIA

  • IFAD has been working in India since 1979.
  • Its goals include
    • to increase the rural poor’s access to agricultural technologies, natural resources and financial services
    • to share knowledge and learning on poverty reduction and nutrition security
    • special focus on tribal communities, smallholder farming households, landless and women 

Sumit Teotia
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