AFA DAILY CURRENT AFFAIRS ANALYSIS- 25/01/2019
India spurs global growth in public funding for neglected disease:
- Indian public funding for research and development (R&D) in neglected diseases increased significantly in 2017, growing by Rs. 135 crore or 38%, contributing to the strongest global growth since 2009, according to a new report.
- Worldwide funding for neglected disease R&D in 2017 reached its highest level ever, exceeding $3.5 billion, according to the 11th annual G-FINDER report released in Geneva.
- for the first time Indian Council of Medical Research (ICMR) has been placed in the top four largest funders for R&D in tuberculosis with a $6 million or 47% increase in investment, Also leprosy funding increased by $2 million (up 47%), entirely driven by the ICMR.
- The US government retained the top spot as the world’s largest public funder, providing an additional 1.5% ($23 million) for a total of $1.6 billion.
- The public sector continued to be the most significant funding source for neglected disease research, contributing almost two-thirds of the total.
- Public funding from low- and middle-income countries (LMICs) increased by 19 % with India contributing nearly three-quarters of this total.
- Reason: The G-FINDER report on global investments in R&D to tackle neglected infectious diseases released by the Policy Cures Research is a comprehensive report offering an up-to-date analysis of how R&D investments are being allocated across diseases and product types, funding trends over time, and where gaps lie.
Source: THE HINDU
India- South Africa 22 years old strategic partnership revision:
- India and South Africa will update their Strategic Partnership by agreeing on a comprehensive “roadmap” on the way ahead, as well as relaxing visa restrictions.
- The partnership would be reviewed and updated with a three-year plan of action on security cooperation, trade and investment, tourism, harnessing the ‘blue economy’, maritime cooperation, agriculture, science and technology projects.
Background: The Strategic Partnership between India and South Africa, called the Red Fort Declaration, was signed in March 1997 by the then South African President Nelson Mandela and former PM H.D. Deve Gowda.
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