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IMF quota reforms delay is G20's first visible failure: India

Last Updated: Friday, February 21, 2014, 15:25

Describing the IMF's inability to move ahead with quota reforms as the "first visible failure of the G20," India on Friday asked member nations to expeditiously ratify the changes to give emerging nations a greater voice.

India, China for early conclusion of IMF quota reforms

Last Updated: Saturday, September 28, 2013, 18:18

Facing economic slowdown, India and China have held?dialogue on structural reforms and agreed to intensify cooperation with other BRICS nations to push for reforms in international institutions for implementation of the commitment to implement IMF Quota and Governance Reforms.

India for early completion of IMF quota reforms

Last Updated: Thursday, September 05, 2013, 22:29

"We had hoped to be able to welcome ratification of the quota increase in the St Petersburg Summit, but that has not been possible", the Prime Minister said.

India hopeful of completion of IMF quota reforms by Jan 2013

Last Updated: Thursday, October 11, 2012, 19:18

Once the quota reforms are carried out, India's share at IMF is set to rise to 2.75 percent from 2.44 percent, making it the eighth largest shareholder in the multilateral agency from its present 11th position.

India cautions against slowdown in IMF quota reforms

Last Updated: Saturday, April 21, 2012, 10:58

Expressing its disappointment at the pace of reform on quota and governance issues in the International Monetary Fund (IMF), India has said that a dynamic reform process is necessary to ensure IMF's legitimacy and effectiveness.