New Delhi, March 1:
India has sought an increased share in the World Bank’s portfolio to meet a huge pipeline of projects and also called for a lower effective interest rate on loans from the agency. The issues were discussed at a meeting here on Wednesday between Finance Minister Arun Jaitley and World Bank CEO Kristalina I Georgieva. Jaitley also stressed on the need for capital increase in the World Bank Group, said a Finance Ministry statement. Economic Affairs Secretary Shaktikanta Das also held a meeting with Georgieva, who is on a two-day visit to India, to discuss policy issues regarding World Bank funds.
(This article was published on March 1, 2017)
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