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.
Operation Sindoor: PM Modi meets Rajnath Singh, NSA Doval and three service chiefs
In the backdrop of the ongoing ‘Operation Sindoor’, Prime Minister Narendra Modi chaired a high-level meeting attended by Defence Minister Rajnath Singh, National Security Advisor Ajit Doval, Chief of Defence Staff General Anil Chauhan, and Chiefs of the Armed Forces and senior officials.
11 more Bangladeshi nationals held in Tripura
The Tripura Frontier of the Border Security Force (BSF), jointly with state police, on Friday apprehended 11 more Bangladeshi nationals, including four women and four children, officials said.
Railway Protection Force tightens security in NFR zone
In response to escalating security challenges across the country, Railway Protection Force (RPF) of the Northeast Frontier Railway (NFR) has significantly strengthened its security protocols at stations, trains and railway premises, an official said on Friday.
India opposes IMF lifeline for Pakistan due to terror financing risk
India strongly opposed further financial assistance from the IMF to Pakistan at the executive board meeting held on Friday, expressing serious concerns over Islamabad’s track record and the fact that the bailouts were enabling the cash-strapped country to sponsor cross-border terrorism.
Sirens echo across Jammu as 'blasts' trigger blackout; CM Omar Abdullah posts urgent advisory on social media
Jammu city plunged into darkness late Friday evening after a series of blasts were heard across the region, prompting authorities to sound emergency alarms and urge citizens to stay indoors.
Enough rice, wheat, sugar, oil and pulses stock, no need to panic: Pralhad Joshi
The government on Friday reiterated that there is no shortage of essential commodities in the country, and citizens are advised not to panic or rush to the markets to purchase food grains.
Indian carriers cancel flights to 24 airports till May 15 as tensions flare up
Indian carriers on Friday announced that flights to 24 airports had been cancelled till May 15, following a notification from aviation authorities on the continued closure of multiple airports in the country.
New low even for Pakistan: India hits out at Islamabad for targetting religious places
As Pakistani troops continued resorting to heavy mortar shelling on the Indian side along the Line of Control (LoC), India on Friday slammed the rogue nation for specifically targetting religious places labelling it as a "new low even for Pakistan".