CommitteeCurrent Affairs

SAARC fund to launch social enterprise programme in India and 7 other member nations

Thimpu-based SAARC Development Fund (SDF) will soon be launching a Social Enterprise Development Programme (SEDP) to fund 80 entities annually across the 8-member states including India. SDF was established by the Heads of the eight SAARC member states in April 2010 and its Governing Council comprises finance ministers of these eight countries. Full form of SAARC – South Asian Association for Regional Cooperation SAARC members are – Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka.

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