UN Investment Promotion Award 

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• The United Nations Conference on Trade and Development (UNCTAD) recently declared “Invest India” as the winner of the United Nations Investment Promotion Award, 2020. 

• This proves that in spite of being the second most populous country in the world, India’s innovation helped to control the spread of COVID-19 in the country.

United Nations Conference on Trade and Development (UNCTAD):

• The UNCTAD is dealing with commerce, finance and growth concerns. The primary purpose of the company is to increase trade and investment.

• It was founded in 1964. Reports such as the Trade and Development Report and the World Investment Report are released.