This issue which has been agitiating several developing economies particularly fast growing Asian economies including India will figure prominently in his parleys with top Indian leaders including Finance Minister Yashwant Sinha.

Kohler's maiden two-day goodwill visit is to familiarise with the developments in the Indian economy and get views on the emerging market economies on the future role of the IMF and the new international financial architecture.

There is a growing feeling among developing economies that "willy-nilly the fund is emerging as the Orwellian big brother. This impression needs to be corrected through concrete actions," official sources told PTI.

Quotas for fast-growing developing economies in Asia including India have not increased commensurate with their enhanced importance in the global economy, the sources said adding "We see a major quota revision as an integral part of emerging international financial architecture."

The proposed discussion on the IMF's quota formula review group recommendations offered an excellent opportunity for a correction in imbalances between developed and developing economies reflecting the dynamism shown by fast-growing Asian economies, thereby improving the governance of IMF, sources said.

India wanted IMF to eschew its `one-size-fits all' kind of approach to deal with problems of developing countries. While designing programmes the fund should be mindful of the impact that its policy recommendations would have on employment, prices and social expenditure.

In this regard, IMF should modulate its programmes either giving more time for adjustment when possible or allowing fiscal space for compensatory measures, the sources said. The IMF should not enter into social areas directly by making prescriptions about specific budgetary allocations, social targets or social policies. There should be no surveillance of social issues in the surveillance process nor social conditionality in Fund programmes, sources said.

Facilities like the Extended Fund Facility (EFF) which are vital for developing economies undertaking structural reforms in a medium-term framework must be continued by the IMF, the sources said.