The proposed Blue Dot network is expected to discussed between visiting US President Donald Trump and Prime Minister Narendra Modi.
About:
The Blue Dot network is “a multi-stakeholder initiative to bring together governments, the private sector and civil society to promote high-quality, trusted standards for global infrastructure development.”
The proposal, which is part of the US’s Indo-Pacific strategy, will evaluate projects on various parameters, including level of public consultation, transparency in funding, debt traps and basic environment norms.
Projects that meet the norms will get a “blue dot”, which will enable them to attract private funding and not have to depend on state-funding alone.
The US, which is leading the proposal, has already got Japan and Australia as partners in this idea.
Dear Student,
You have still not entered your mailing address. Please enter the address where all the study materials will be sent to you. (If applicable).
