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India has also sought early completion of the process of voice and quota reforms at the World Bank to increase the representation of emerging and developing countries, the ministry said.
World Bank President Robert Zoellick met Finance Minister Pranab Mukherjee in New Delhi on Wednesday.
In September, the World Bank approved $4.3 billion in loans for India to help finance infrastructure building and to shore up the capital of some state-run banks as the economy recovers from the global financial crisis.
The loans are part of the bank's $14 billion lending for Asia's third-largest economy over three years through 2012.
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It is time to face the truth. Is there any accountability of these funds or will the state banks keep giving millions to leaders with not accountability. It is well known that most of Bnk officers take a certain cut and Cr-ores disappear. India inflation and foreign debt is kept under over and people donot have any idea where we are going. Here is China which was on par in 1990 and now have m0ore than one Trillion that is with 12 zero in Reserve and here is India still taking loans. India rejected the partnership of NRI and even now continues to treat them as even now distrust them. Whereas China got all her start with expatriate money. How long we going to keep begging?????
This is the actual state of affairs of india the so called growing economy lol.