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New Delhi, India

New Delhi. Photo by sir_watkyn

India Resident Representative Site

Resident Representative Office in India

This web page presents information about the work of the IMF in India, including the activities of the IMF Resident Representative Office. Additional information can be found on the India and IMF country page, including IMF reports and Executive Board documents that deal with India.

At a Glance : India's Relations with the IMF

  • Current IMF membership: 186 countries
  • India Joined on December 27, 1945; Article VIII
  • Quota: SDR 4,158.20 million
  • Outstanding loans: None
  • The last Article IV Executive Board Consultation was on February 6, 2009 (Country Report 08/51)

News — Highlights

BRICs Drive Global Economic Recovery

The L’Aquila summit might well have been the last G-8 summit of its kind. You’d never guess (thanks to long-standing arrogance and Western egocentricity), but L’Aquila also hosted the heads of government of the emerging nations known as the BRICs (Brazil, Russia, India, and China). click for more

Crisis Deals Sharp Blow to Asian Growth

The impact of the global economic crisis on Asia has been swifter and often deeper than for other regions, partly because of Asia’s export dependence and close integration into the global economy, according to a new report by the IMF. click for more

Asian Growth Losing Steam Fast Amid Global Downturn

Growth in Asia is forecast to slow to 2.7 percent in 2009, dragged down by the global economic and financial crisis, but the region should see a sharp recovery once the world economy regains its footing, the IMF says click for more

India and the IMF

IMF Survey: India Rebounds, Needs to Return to Reform Agenda

February 8,2010
India’s economy is rebounding strongly, ahead of most countries in the world, with growth approaching pre-crisis levels, but policy trade-offs are also coming to a head and the IMF sees conditions as ripe for a return to fiscal consolidation.  click for more

Transcript of a Conference Call on the Article IV Consultation with India, with Kalpana Kochhar, Deputy Director, Asia and Pacific Department, and Laura Papi, Division Chief, Asia and Pacific Department

February 4,2010

Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with India

February 4,2010
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment. click for more

Transcript of a Press Conference on the Updates of the International Monetary Fund's Global Financial Stability Report and World Economic Outlook

January 29,2010

An Estimated Model with Macrofinancial Linkages for India

January 28,2010
Author/Editor: Anand, Rahul ; Peiris, Shanaka J. ; Saxegaard, Magnus
Series: Working Paper No. 10/21
 click for more

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Regional Economic Outlook: Asia and Pacific

Image from the publication cover

Asia has rebounded fast from the depth of the global crisis. Initially, the region was hit extremely hard, with output in most countries shrinking by much more than even those nations at the epicenter of the crisis. But starting in February 2009, Asia's economy began to revive. Exports and industrial production have increased again, financial pressures have eased, confidence has largely been restored. What explains this remarkable comeback? What challenges does the recovery pose to Asian policymakers? These are the main questions addressed in the IMF's October 2009 "Regional Economic Outlook: Asia and Pacific." The report discusses the latest developments in Asia, examines the prospects for the period ahead, and considers the policy steps needed to sustain the recovery and rebalance Asia's medium-term growth. Click for more