Organisation for Economic Co-operation and Development (OECD)

 OECD is an intergovernmental economic organisation with 35 member countries, founded to stimulate economic progress and world trade.

 OECD nations are committed to democracy and the market economy, providing a platform to compare policy experiences, seeking answers to common problems, identify good practices and coordinate domestic and international policies of its members.

 It has created agencies such as the OECD Development Centre, International Energy Agency, and Financial Action Task Force on Money Laundering.

 OECD mandate covers economic, environmental, and social issues.

 It acts by peer pressure to improve policy and implement "soft law"—non-binding instruments that can occasionally lead to binding treaties.

 OECD administers and publishes the Programme for International Student Assessment (PISA), which is a regular assessment of the attainment of 15-year-olds in three areas of knowledge thus measuring the performance of educational systems across countries.

 India is also a signatory of this policy.