UNESCAP Report Urges India to Spend More For SDG 2030

• United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) report flags concern regarding India’s rising non-performing assets (NPA), which can potentially derail the country’s efforts to achieve Sustainable Development Goals(SDGs).

About the Report

• India needs to spend nearly Rs140 per day per person to remove poverty, while rest Asia-Pacific countries have to spend nearly $1 per day per person till 2030 to achieve SDGs.
• The region needs additional annual investment of $1.5 trillion- equivalent to a dollar per person per day to achieve SDGs by 2030.
• It notes that India’s growth recovery from the economic shocks of demonetization and ....