Global South

In news– External Affairs Minister of India has said that the country will always stand with the Global South and seek to strengthen the U.N.’s effectiveness.

The concept of Global North and Global South-

The concept (or North–South divide in a global context) is used to describe a grouping of countries along socio-economic and political characteristics.
The Global South is a term often used to identify regions within Latin America, Asia, Africa, and Oceania.
It is one of a family of terms, including “Third World” and “Periphery”, that denote regions outside Europe and North America, most (though not all) of these countries are low-income and often politically or culturally marginalized on one side of the divide, the other side being the countries of the Global North (often equated with developed countries).
As such, the term does not inherently refer to a geographical south; for example, most of the Global South is geographically within the Northern Hemisphere.
Countries of the Global South have been described as newly industrialized or in the process of industrializing, and are frequently current or former subjects of colonialism.
The Global North mostly correlates with the Western world—with the notable exceptions of Japan, South Korea, Singapore, Taiwan, and Israel— and the South largely corresponds with the developing countries previously called “Third World,” plus the Eastern world.
Geographically, the Global South is mostly composed of regions that are neither Western nor Eastern such as the Latin West And most African countries.
The two groups are often defined in terms of their differing levels of wealth, economic development, income inequality, democracy, and political and economic freedom, as defined by freedom indices.