India has paid its 2023 annual contribution of $30.54 million to the UN budget, according to a UN spokesperson.
India was among the 43 countries on its "honour roll" so far for having paid their assessments to the budget, Stephane Dujarric, the Spokesperson for Secretary-General Antonio Guterres, said on Monday.
India's contribution was received on Friday according to the UN.
India's share is assessed at 1.044 per cent of the total budget of $3.217 billion.
Although that works out to $33.592 million, it is given a credit of $3.052 million that the UN collects from its Indian employees in lieu of the income taxes they would have had to pay.
The rate of budget assessments for each of the 193 member countries is worked out by a complex formula that is based on gross national income (which is the gross domestic product plus income from abroad), debt burden and an adjustment for per capita income using the principle of the "capacity to pay".
Although India boasts of being the world's fifth-largest economy, its assessment is brought down by the low per capita income diminishing its "capacity to pay".
This puts its assessment lower than some fellow developing countries like Brazil with an assessment of 2.013 per cent or Mexico at 1.221 per cent.
The assessment for the US is 22 per cent, which is the highest that can be set for a country, working out to $707.897 million.
China comes next with an assessment of 15.254 per cent or 490.83 million.
Britain, the size of whose economy was overtaken by India, pays $140.775 million or 4.375 per cent to be the fifth-largest contributor with Japan being the third and Germany the fourth.
In addition to the main UN budget, countries also have to make contributions based on similar formulas to the budgets for capital, peace-keeping and international tribunals.
Little Bhavanites' Sports Spectra-2025 for Pre-Primary section held
The Little Bhavanites' Sports Spectra-2025 for the Pre-Primary section was held on Saturday in the premises of Bhavan's Tripura Vidyamandir at Narsingarh.
Tripura: Four Bangladeshi injured in major smuggling bid
Four Bangladeshi, including a woman and a child, sustained minor injuries in Tripura on Saturday when the BSF personnel exercising utmost restraint fired one round from a Pump Action Gun (PAG) in self-defence to prevent a major smuggling bid by the smugglers of that country, officials said.
10 Rohingya nationals, including four children held in Unakoti
Tripura Police have detained 10 Rohingya nationals, including four children, who were hiding in a house to cross the India-Bangladesh border illegally in the Safarkandi area of Tripura’s Unakoti District.
Pradesh BJP District President polls on January 20
The elections for the District Presidents of the Bharatiya Janata Party (BJP) in Tripura are scheduled to be held on January 20. Nominations and scrutiny will take place on January 19, as per an official order issued by the State Returning Officer, Samarendra Chandra Deb.
Woman found dead in Agartala suburbs, one held
A gruesome murder in Maheshkhala, West Tripura District, has shocked the local community. On Saturday, a married woman, Kalpana Debnath was found dead in what police believe to be a premeditated crime stemming from an alleged extramarital affair.
Now next phase for justice to begin, says victim's father on RG Kar verdict
As a special court in Kolkata on Saturday convicted civic volunteer Sanjay Roy for the rape and murder of a junior woman doctor of state-run R.G. Kar Medical College & Hospital within the hospital premises in August last year, the victim’s parents said that the second phase to achieve further justice has just begun.
AAP alleges Kejriwal’s car attacked with bricks and stones, blames BJP
An alleged stone attack on Aam Aadmi Party (AAP) national convenor Arvind Kejriwal's car is set to turn into the latest flashpoint in the run-up to February 5 Delhi Assembly elections.
Himachal IG, 7 other cops convicted for custodial death of accused in gangrape-murder case
A Central Bureau of Investigation (CBI) court on Saturday convicted Himachal Pradesh Inspector General of Police Z.H. Zaidi and seven others for the infamous custodial death of an accused in gangrape-murder of a minor in 2017.