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Our Bureau

New Delhi , June 24

THE Cabinet on Thursday approved the establishment of Global Development Network (GDN) as an international organisation with its headquarters in Delhi.

GDN is a global network of research and policy institutes working together to address the problems of national and regional development. It began as a unit of the World Bank and provides funds for new research through regional competitions, supports networking through global research projects and conferences, and builds capacity of electronic networking through the GDN.

The Cabinet has also approved the signing of the "Agreement Establishing the GDN" by India as a "State Party," the Defence Minister, Mr Pranab Mukherjee, told reporters.

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