Friday, September 14, 2007

Millennium Development Goals and India

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Economic development of the Third World countries is a matter of concern not only for the developing countries but also the developed West. With almost one-third of the total population of the developing countries still languishing under abject poverty, with per capita income of less than 1 US dollar per day, the need has become even more pronounced. World community thus has a major role to play in enabling the Third World countries achieve reasonable levels of development with equitable distribution of the wealth and economic resources.

The world community has expressed its grave concern at several occasions about the issues relating to equitable and sustainable growth in the developing countries. In addition to various other steps like grants-in-aid and actions through various country specific development agencies like the USAID, DFID and AUSAID, the United Nations is playing a major role in assisting the Third World countries develop primarily through various organizations like WHO, UNDP, UNICEF, UNIDO, UNESCO etc. It was in 2000 when the United Nations resolved to adopt Millennium Development Goals (MDGs) for taking care of the deprived sections of society in the world. Having a time frame extending mostly up to the year 2015 (2020 in a few cases), the millennium development goals are among the major instruments to coax the developing world to achieve some fixed targets.

The MDGs are eight in number and there are eighteen targets within the MDGs which are sought to be achieved by the year 2015. The targets are not uniform in terms of a particular benchmark to be achieved over the given period of time but are general in terms of percentage reduction or increase to be achieved in the developing countries. The World Bank and the UN have agreed to 48 indicators to monitor the progress of the MDGs in the developing countries. The MDGs are aimed at reducing hunger, deprivation, illiteracy, gender inequalities and the incidence of disease in the developing world and providing the people in these countries with better life.

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