India, UN World Food Program to Sign MoU for 1 Lakh Tons Rice Supply

India is expected to sign a Memorandum of Understanding (MoU) with the United Nations’ World Food Program (WFP) on February 18 to supply 1 lakh tons of rice. According to news reports, the shipment is meant for humanitarian operations in regions facing food shortages. 

The WFP uses such consignments for emergency relief and support program across several countries. India has supplied grains for similar efforts in the past. 

Part of Relief Procurement 

The rice will be part of the WFP’s regular procurement for its global operations. The agency depends on contributions from member countries to run the food assistance programs. 

India’s large procurement and storage systems have allowed it to supply grains for both domestic welfare schemes and international humanitarian requirements. 

Ongoing India-UN Cooperation 

The agreement comes within the cooperation between India and the United Nations. UN Resident Coordinator in India Stefan Priesner reportedly said the organisation views India as an important partner in food security and other development programs. 

He said more than 20 UN-related events are scheduled over the next few days, involving senior officials and agencies. 

Existing 5-Year Framework 

India and the UN currently operate under a 5-year cooperation framework that guides joint work across sectors. These include health, climate action, disaster risk reduction, nutrition, and economic development. 

A fresh round of analysis is expected to begin this year to prepare for the next framework period. 

Read More: Tamil Nadu Govt Signs ₹5,900 Crore MoUs with MinebeaMitsumi and Aequs Group! 

Conclusion 

The proposed MoU for 1 lakh tons of rice will support the WFP’s humanitarian programs and continue India’s cooperation with the United Nations under the existing framework. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.