UN Democracy Fund:
The UN Democracy Fund extended support for NGOs funded by George Soros, who is on a watchlist in India.
- The UNDEF was established in 2005 with an initial contribution of $10 million each from the United States and India.
- In 2005, India’s then PM, Manmohan Singh, and US President George W. Bush announced the US-India Global Democracy Initiative, which included support for the UNDEF.
- It was created by UN Secretary-General Kofi A. Annan in 2005 as a United Nations General Trust Fund to support democratization efforts around the world.
- Objectives is to support projects that strengthen the voice and participation of civil society, promote human rights, and encourage the development of democratic institutions and processes.
- It is funded entirely by voluntary contributions from member states and is governed by an advisory board composed of 16 members representing different regions of the world.