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Multilateral Institutions Division
(Updated on 13th May, 2013)
The Government of India accesses financial assistance in the form of loans/ credits/ grants from various multilateral agencies. The World Bank and the Asian Development Bank are leading multilateral institutions for availing external assistance by India. Department of Economic Affairs (DEA), Ministry of Finance is mandated to access, negotiate and coordinate foreign loans/ credits/ grants for the economic development of the country. The authority of DEA as the administrative focal point for taking decisions in respect of all dealings with external funding agencies, including, contact and approval for all external aid, is derived from the Allocation of Business Rules, 1961 of the Government of India.
Para 10 of the Second Schedule to the Government of India (Allocation of Business) Rules, 1961, specifies that the Department of Economic Affairs shall deal with "All matters relating to :-
- loans, credits and grants from foreign countries, special agencies, non-governmental foundations agencies and voluntary bodies;
- loans and credits and grants from multilateral agencies;
- withdrawals and borrowings from International Monetary Fund;
- policy for private sector financing from International Finance Corporation."
The Multilateral Institutions Division of Department of Economic Affairs has ten sections (FB-1 to FB-8 and ADB-1& ADB-2 and AfDB & other banks). The multilateral institutions dealt by this division are:
- International Monetary Fund (IMF)
- World Bank Group (IBRD, IDA, IFC, MIGA, ICSID)
- International Fund for Agricultural Development (IFAD)
- Asian Development Bank (ADB)
- Global Environment Facility (GEF)
- AfDB & other banks
The officers posted in the division, up to the level of Under Secretary and their contact details are as under:
| Designation | Name | Tel / Fax No. | |
|---|---|---|---|
| 1. Joint Secretary | Shri. Nilaya Mitash | Tel: 2309 3558 Fax: 2309 4453 Intercom: 5050 |
jsmi-dea[at]nic[dot]in |
| 2. Director | Shri Sanjay Garg I/c WB, GEF |
2309 2345 | sgarg[at]nic[dot]in |
| 3. Director | Ms Aparna Bhatia I/c WB, IFC, IMF |
2309 4443 | aparnabhatia[at]gmail[dot]com |
| 4. Director | Ms. Sheyphali B. Sharan I/c WB, IFAD |
2309 2494 | dir357mi[at]gmailcom |
| 5. Deputy Secretary | Shri Puneet Agarwal I/c ADB |
2309 3542 | puneet[at]ias[at]nic[dot]in |
| 6. Under Secretary | Shri Dalip Kapur | 2309 3515 23092477 / 23092511 |
dalip[dot]kapur[at]nic[dot]in |
| 7. Under Secretary | Shri Rajani Ranjan | 2309 2246 23092477 / 23092511 |
rajani[dot]ranjan[at]nic[dot]in |
| 8. Under Secretary | Shri Sanjay Kumar Singh | 2309 2229 23092477 / 23092511 |
sks[dot]singh[at]nic[dot]in |
| 9. Under Secretary | Shri Jitender Malik | 2309 3035 23092477 / 23092511 |
jitender[dot]malik[at]nic[dot]in |
| 10. Under Secretary | Shri S. K. Samantaray | 2309 4548 23092477 / 23092511 |
sk[dot]samantaray[at]nic[dot]in |
Guidelines for processing cases of Regional Studies conducted by Multilateral Development Banks(MDBs)(2 MB)
(Dated 30th April, 2013)
46th Annual Meeting of ADB to be held in May 2013 - Expression of interest for prequalification of agencies for the construction of semi-permanent structures and allied facilities(2 MB) (Dated 26th November, 2012)
Minimum Counterpart funding for World Bank and ADB Assisted Projects(908 KB)
World Bank assisted Karnataka 24-7 water supply pilot project(1 MB)
World Bank assisted karnataka municipal reform project(894 KB)
World Bank assisted Punjab rural water supply and sanitaiton project(865 KB)
World Bank assisted uttarakhand rural water and sanitation project(1 MB)
World Bank assisted FaL-G Brick Technology and carbon finance project(859 KB)
World Bank assisted Mumbai Urban Transport Project(2 MB)
World Bank assisted Andhra pradesh Rural Povery Reduction Project(763 KB)
World Bank assisted Mizoram State Roads Project(812 KB)
World Bank assisted Karnataka Watershed Development Project(1 MB)
World Bank assisted Assam Agriculture Competitiveness Project(1 MB)
World Bank assisted State Health Projects in Karnataka, Rajasthan and Tamil Nadu(920 KB)
World Bank assisted Tamil Nadu Roads Sector Project(4 MB)
International Monetary Fund (IMF)
(http://www.imf.org/external/country/ind/index.htm
)
Introduction:
- The International Monetary Fund (IMF) was established along with the International Bank for Reconstruction and Development (also known as World Bank) at the Conference of 44 nations held at Bretton Woods, New Hampshire, USA in July 1944. It was created to promote international monetary cooperation; to facilitate the expansion and balanced growth of international trade; to promote exchange stability; to assist in the establishment of a multilateral system of payments; to make its general resources temporarily available to its members experiencing balance of payments difficulties under adequate safeguards; and to shorten the duration and lessen the degree of disequilibria in the international balances of payments of members.
- The Articles of Agreement of IMF came into force on December 27, 1945. IMF is the principal International Monetary Institution established to promote a cooperative and stable global monetary framework. At present, 188 nations are members of the IMF. Since the IMF was established, its purposes have remained unchanged but its operations - which involve surveillance, financial assistance and technical assistance - have developed to meet the changing needs of its member countries in an evolving world economy.
