Oxford chancellor for Montek as IMF head
Oxford: The chancellor of the University of Oxford, Lord Chris Patten, wants India`s Planning Commission Deputy Chairman Montek Singh Ahluwalia to be the next managing director of the International Monetary Fund (IMF).
Speaking at the launch event of the Sanjaya Lall Visiting Professorship of Business and Development at the Said Business School last evening, Patten said he had "nothing against Christine Lagarde" - the French finance minister currently in the running for the job - but wished Ahluwalia to be the next IMF managing director.
During the recent visit to Africa, Prime Minister Manmohan Singh mooted the idea that the next head of IMF should be from the non-western world, an idea that found support from China and other countries.
Recalling long-standing ties between the University of Oxford and India, Patten said the university was proud to have produced two leading economists who had steered India`s economy in recent decades: Singh and Ahluwalia.
It was a "source of great pride”, he said, that the study of Indian history and economic was an important field of scholarship at Oxford.
After studying at Oxford, many Indians had returned to build the "greatest democracy", he added.
The university has organised its first Oxford-India Day on June 17.
The event will bring together Oxford scholars with a select group of Indian business, academic, and policy leaders for a day of discussions and celebration here at the University.
More from India
More from World
More from Sports
More from Entertaiment
- DNA: US army's joint exercise with Indian Army and their consolation on Uri attack
- DNA: Analysis of Indus water treaty between India and Pakistan
- India to activate lazer walls on LOC to stop infiltration
- India- America joint military exercise begins in Ranikhet
- EPFO to launch new online system for pensions and PFs soon
- Donald Trump praises Hindu community's contributions to US
- Five takeaways from Sushma Swaraj's speech at UN General Assembly
- Reliance Jio impact: Vodafone offers 10 GB data at 1 GB rate
- 7 scenarios Pak will face directly if India scraps Indus Waters Treaty – Read details
- REALITY CHECK of WhatsApp message: How common man can sign petition to declare Pakistan a terror state