Recent work by the Fund points to the need for realigning quota shares to reflect the changed economic realities, says finance minister Arun Jaitley
1 min read9 Oct 2016Modi says IMF quotas do not reflect the global economic realities
1 min read12 Mar 2016India's share has now increased to 2.75% from 2.44%, making it the eighth-largest shareholder in the Fund
3 min read29 Jan 2016Chidambaram says when countries withdraw from quantitative easing they should keep in mind the spillovers on the developing countries
3 min read24 Feb 2014P. Chidambaram says the IMF must arrive at a new quota formula by the due date of January 2014
1 min read14 Oct 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared