Q-29 Answer

Bill Gates receives Indira Gandhi Prize for Peace, Disarmament and Development 2009 from Honorable President of India Prathiba Patil.






Answer:-Bill & Melinda Gates Foundation


In 2003, the Bill & Melinda Gates Foundation launched Avahan, an initiative to reduce the spread of HIV in India. In July 2009, the foundation announced that it had increased its total commitment to Avahan from $258 million to $338 million.
Avahan provides funding and support to targeted HIV prevention programs in the six Indian states with the highest HIV prevalence, and along the nation’s major trucking routes. Avahan-supported programs serve the groups that are most vulnerable to HIV infection, including sex workers, their clients and partners, high-risk men who have sex with men, and injecting drug users.


More about Bill & Melinda Gates Foundation:
The Bill & Melinda Gates Foundation (B&MGF) is the largest transparently operated private foundation in the world, founded by Bill and Melinda Gates.The foundation, based in Seattle, Washington, is controlled by its three trustees: Bill Gates, Melinda Gates and Warren Buffett.
In 1994, the foundation was formed as the William H. Gates Foundation with an initial stock gift of $94 million. In 1999, the foundation was renamed the Bill & Melinda Gates Foundation. After a merger with the Gates Learning Foundation in 2000, Gates gave an additional US$126 million.

The foundation was awarded Indira Gandhi Prize for Peace, Disarmament and Development, by Indira Gandhi Memorial Trust in 2007 & to Bill Gates himself for the current year 2009.

On June 25, 2006, Warren Buffett (then the world's richest person, estimated worth of US$62 billion as of April 16, 2008) pledged to give the foundation approximately 10 million Berkshire Hathaway Class B shares spread over multiple years through annual contributions, worth approximately US$30 billion in 2006.