Context:
India contributes half a million dollars to U.N. Counter-Terrorism Trust Fund announced during the United Nations Security Council’s Counter Terrorism Committee held in 2022.
U.N. Counter-Terrorism Trust Fund (UNCTF):
- UNCTF – Established in 2009 by Secretary-General and transferred to UNOCT
- India’s contribution would support the global programmes of –
- Countering Financing of Terrorism (CFT) – Aims at strengthening capacity of member-states to understand risks of terrorism.
- Countering Terrorist Travel Programme (CTTP) – Assists beneficiary Member States in building capabilities to detect and counter-terrorists.
United Nations Security Council’s Counter Terrorism Committee (CTC):
- Established by – Security Council resolution 1373 which was adopted unanimously on 28th September 2001 in the wake of the 9/11 terror attacks in the US.
- Comprises of – All 15 Security Council members
- Mandate – Monitoring implementation of resolution 1373
Measures taken to counter Terrorism:
- UN Global Counter-Terrorism Strategy – Aims to enhance national, regional and international efforts to counter-terrorism.
- Regional Anti-terrorist Structure of Shanghai Cooperation Organization – Aims to combat terrorism, separatism and extremism.
- Financial Action Task Force (FATF) – Global money laundering and terrorist financing watchdog.
Initiatives of India:
- India is a member of FATF.
- Financial Intelligence Unit – India – Strengthen efforts against money laundering and financing of terrorism.
- National Investigation Agency – Acts as Central Counter Terrorism Law Enforcement Agency
Source: Times of India
Previous Year Question
‘Global Financial Stability Report’ is prepared by the:
[UPSC Civil Service Exam – 2016 Prelims]
(a) European Central Bank
(b) International Monetary Fund
(c) International Bank for Reconstruction and Development
(d) Organisation for Economic Cooperation and Development
Answer: (b)
