International Fund for Agricultural Development (IFAD)
- Set up in 1977
- It is 13th specialised agency of the United Nations.
- India is a founder member of IFAD and a key contributor among the member countries.
- IFAD works towards removing poverty and hunger in rural areas all over the world, especially in developing countries.
- Its goal is to empower poor rural men and women in developing countries to achieve higher incomes and improved food security.
- IFAD is managed by the two main governing bodies i.e. the Governing Council and the Executive Board. The Governing Council is the highest decision-making body of IFAD.