(a) Whether the IMF is still operating an office in New Delhi.
(b) If so, the reasons for allowing it to continue when India does not have any subsisting loan from the IMF; and
(
(c) The current activities of IMF office in India.
(a) Whether the IMF is still operating an office in New Delhi.
(b) If so, the reasons for allowing it to continue when India does not have any subsisting loan from the IMF; and
(
(c) The current activities of IMF office in India.
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI GINGEE N. RAMACHANDRAN)
(a) Yes Sir, the International Monetary Fund (IMF) has a Resident Representative in New Delhi.
(b) & (c) The Resident Representative facilitates information flow between the Government of India, the Reserve Bank of India and the IMF. He assists visiting IMF Missions and is available for clarifying IMF policy and procedures. Resident Representative offices of the IMF are established in member countries and are not necessarily connected with the existence of IMF- supported programmes.