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India yet to decide on $11-billion lending to IMF

New Delhi: If India takes part in USD 500- billion resource raising programme of International Monetary Fund, as decided at the G-20 summit in London last week, it will cost the country up to USD 11 billion (Rs 55,000 crore). "If the government decides to participate in the new arrangements to borrow, the  ....Read more

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IMFBy: Inidian | Thursday , 9 Apr '09 19:53:04 PM Reply | Forward WHY THE HELL SHOULD WE SHELL OUT 11 BILLION TO THE CROOKED WEST ???THIS PM IS A USELESS "ECONOMIST"..ALWAYS READY TO CATER TO THE INTERESTS OF USA
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