India renews calls for urgent reforms in IMF, World Bank
LIMA: India has reiterated its call for quota reforms in the World Bank and International Monetary Fund, a top official said on Sunday.
“India called for governance reforms in both institutions to reflect growing share of developing countries in global GDP,” tweeted economic affairs secretary Shaktikanta Das, who attended the IMF-World Bank annual meetings here.
“Both institutions highly appreciative of policy steps of India,” he said.
Let Jaitley and gang reform India first socially before requesting IMF and WB to reform.
Samir Kumar Kanjilal
Who is going to listen India ? World bank will listen what US says.
India needs to reform its taxation, Now a days in south India a labor earns Rs 700 to Rs 1000 Per day in the state of Kerala, he enjoys all his earnings, He does not pay tax instead he gets rice for Rs 2 per kg free electricity water etc etc and who pays for them a person who earns less than this man as he is educated and have a jobs which is regularized, Is’t it unfair and unjust, Do the government tax the auto ,taxi etc etc
The IMF voting is based on the capital contribution used to set up the IMF not based on the GDP. If India wants its own rule, go set up a BRIC bank and make your own voting rights.
Expecting and asking for reforms in IMF,UN,World bank is very good. But We must try reforms in our own systems, such as reservations based on cast,slow judiciary process,indecent talks by politicians, slow action by police on rape crimes, less incentives for farmers etc.
Do you think they will?
This is simply time-waste chase!
Let us mature beyond!
Some how this guy appears in news almost every day!
India would be better off strengthening The BRICS Bank.
IMF and the World will listen to India if their own house in order, if they become economically very strong like China. World is always looking for strong, intelligent and creative leader and PM Modi have that capacity but he need to use his capacity to win both the houses first and bring India collective psyche in order
GST and land Bill is the biggest reform which is due. and it is must do reform for india’s exponential growth and congress opposing both
if India calls for reforms will IMF, World Bank go ahead and reform ?? dont think India has such powers , we are in a long way to reach that position
Who cares Indian call? IMF , World Bank is voice of Washington