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    United Nations Investment Promotion Award 2020

    Context: United Nations Conference on Trade and Development(UNCTAD) has declared Invest India as the winner of the United Nations Investment Promotion Award.
    Key Facts

    • United Nations Investment Promotion Award: It is the most coveted award for Investment Promotion Agencies given by the United Nations Conference on Trade and Development(UNCTAD).
    • Purpose: The award recognizes and celebrates the outstanding achievements and best practices of Investment Promotion Agencies (IPAs) across the globe.

    Additional Facts

    • Invest India: It was set up in 2009 as a non-profit venture under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry.It is the National Investment Promotion and Facilitation Agency of India and acts as the first point of reference for investors in India.
    • Business Immunity Platform: It was launched by Invest India to provide a comprehensive resource to help businesses and investors get real-time updates on India’s active response to COVID-19 (Coronavirus).

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