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FUND BANK DIVISION

The Fund Bank Division is responsible for matters related to the World Bank Group and the International Monetary Fund (IMF). It oversees India’s role in the international governance of these organizations, ensuring effective participation and policy engagement. The Division also facilitates interactions with external lenders, beginning from the identification and approval of projects.

Name & contact address of Division head

Fund Bank Division comprises the following Sections

International Monetary Fund (IMF)

• All policy matters relating to the IMF Quotas, SDR Allocation and payment of subscription to the IMF.
• Appointment of Governors/Alternate Governors/Executive Directors and Senior Advisors/Advisors to ED, IMF. Nomination of FM as India’s Governor and Governor, RBI as Alternate Governor of the Fund.
• Bilateral Surveillance aspects with IMF viz., Annual Consultations with the IMF under Article IV, mid-year missions/staff visits, and other related activities. Review of Article IV outcomes of other countries.
• All matters relating to communication and advice with the office of Executive Director IMF and advice on matters being deliberated upon in the IMF Board in respect of India and other countries.
• All matters relating to Flagship Reports of IMF such as World Economic Outlook, Fiscal Monitor and Global Financial Stability Report.
• All matters relating to Spring/Annual meetings of IMF and meetings of International Monetary and Financial Committee (IMFC) of the IMF.
• Formulation and consolidation of Government of India's position on IMF's assistance and interventions in different member countries.
• All matters relating to Financial Transactions of IMF and communications with Budget Division and RBI for the same.
• All budgetary matters relating to IMF for Financing facilities/Transaction of/with the IMF through borrowing arrangements such as New Arrangements to Borrow (NAB) and Note Purchase Agreement (NPA)/Bilateral Borrowing Arrangements (BBAs) as well as Concessional lending arrangements such as Poverty Reduction Growth Trust.
• Capacity Development: Engagement of India with IMF’s SARTTAC (South Asia Regional Training and Technical Assistance Centre) based in New Delhi, including participation in Steering Committee, host country approval for trainings conducted by IMF, Technical Assistance programmes of IMF, deputation/visits by foreign resource persons, policy matters, etc.
• Engagement with IMF country office on various matters of coordination with IMF HQ, such as visit of IMF top management, Article IV Missions, etc.
• All matters in respect of the assigned responsibilities relating to Parliament, Parliamentary Standing Committees, Audit issues, and RTI.
• Institutions: IMF, and South Asia Regional Training and Technical Assistance Centre (SARTTAC).
• External Territorial Charge: Nil
• Ministries/Departments: Nil
• States: Nil
• Legislations:
• Internal Charge: Nil

Name, designation & contact details of Officers

Director	Deputy Director	Assistant Director
Sh. Simrandeep Singh Room No. 78 Tele No. 23092995	Vacant	Arushi Gupta Room No. 61 Tele No. 23095176

IFC & MIGA

• All matters relating to International Finance Corporation (IFC) including investments by IFC and their outcomes, advisory activities of IFC, trainings by IFC, policy matters relating to IFC, etc.
• All matters relating to communication and advice with the office of Executive Director World Bank on matters being deliberated upon in the Board in respect of IFC.
• All matters relating to Multilateral Investment Guarantee Agency (MIGA), including MIGA Subscription and Budget Requirements.
• All matters including policy issues relating to GFATM Grants for TB, Malaria & HIV/AIDS.
• All matters relating to GAVI.
• All matters relating to GFDRR and GDN.
• Coordination work within Fund Bank and ADB Division.
• Multilateral Finance and Knowledge Assistance to India – Coordination across all MFIs.
• Policy of engagement and coordination with multilateral institutions.
• Leveraging multilateral institutions for promoting Indian investment, technology and skill abroad.
• Promoting Indian staff in multilateral institutions.
• Budget matters pertaining to the work/projects relating to the section.
• All matters in respect of the assigned responsibilities relating to Parliament and Parliamentary Standing Committees, Audit issues, and RTI.
• Matters related to Coordination of Screening Committee Meetings of DEA.
• Institutions: IFC, MIGA, GFDRR, Global Fund, GAVI and GDN.
• External Territorial Charge: Nil.
• Ministries/Departments: Ministry of Health & Family Welfare; Ministry of Education; Department of Pharmaceuticals; Ministry of AYUSH.
• States: Andhra Pradesh, Telangana.
• Legislations: Nil.

Name, designation & contact details of Officers

Director	Deputy Director / Under Secretary
Sh. Simrandeep Singh Room No. 78 Tele No. 23092995	Ms. Aishwarya Menon (Deputy Director) Room No. 241 E Tele No. 23095060 Ms. M V Ch Padmavati Room No. 251 Tele No. 23095259

World Bank (Policy & Residual Sector)

• All policy matters relating to World Bank group including IBRD, IDA and ICSID.
• All matters relating to Global Economic Prospects (GEP) by World Bank (WB) and India Updates (on GEP) prepared by WB Country Office.
• Matters relating to grant/technical assistance of World Bank.
• Annual and Spring Meetings of the World Bank & IMF (World Bank part).
• IBRD Capital Subscription, IDA.
• IDA Replenishment.
• Membership of Other Countries in IBRD and IDA.
• Trust funds operated/maintained by World Bank.
• Country Assistance Strategy policy matters and overview.
• Parliament Questions regarding policy matters of the World Bank and issues dealt in the section.
• Matters relating to Country office of the World Bank.
• All DFID Trust Funds Policy matters.
• Posts in the office of Executive Director (India), World Bank, Washington DC, DSA.
• Visit of World Bank President, Managing Director, Vice President, - to India.
• Institutions: World Bank (IBRD, IDA and ICSID).
• External Territorial Charge: Nil.
• Ministries/Departments: Nil.
• States: Nil.
• Legislations: Nil.

Name, designation & contact details of Officers

Director	Deputy Director
Sh. Simrandeep Singh Room No. 78 Tele No. 23092995	Ms. Aishwarya Menon (Deputy Director) Room No. 241 E Tele No. 23095060

World Bank (Central Sector Projects)

• World Bank assisted projects in the Central Sector.
• Budget matters pertaining to the work/projects relating to the Section.
• Parliament Questions, RTI matters relating to World Bank assistance in this section.
• Cabinet Notes, COS references, VIP references, PMO references relating to subjects in the Section.
• Institutions: Nil.
• External Territorial Charge: Nil.
• Ministries/Departments: Nil.
• States: Nil.
• Legislations: Nil.

Name, designation & contact details of Officers

Deputy Secretary / Joint Director	Under Secretary
Sh. Punit Kumar (Joint Director) Room No. 276 Tele No. 23095258	Vacant

World Bank (State Sector Projects II)

• World Bank State Projects related to the Social, Environment and Water Sectors, namely, Health, Education, Technical Education, Skill Development, Tribal Welfare, Renewable Energy, Disaster Risk Management, Environment, Forestry, Biotechnology, Irrigation & Water Management Projects, Water Supply & Sanitation and Repair, Renovation and Restoration (RRR) of Water Bodies.
  • All matters relating to visits of World Bank team for review/discussion of the projects etc.
  • Budget matters pertaining to the work/projects.
  • All matters relating to World Bank reports for these sectors.
  • Workshop, Seminar, Exposure visits in the above sectors.
• Budget matters pertaining to the work/projects relating to the Section.
• Parliament Questions, RTI matters relating to World Bank projects pertaining to Section.
• Cabinet Notes, COS references, VIP references, PMO references relating to subjects in the Section.
• Sectoral Charges: Nil.
• Institutions: Nil.
• External Territorial Charge: Nil.
• Ministries/Departments: Nil.
• States: Nil.
• Legislations: Nil.

Name, designation & contact details of Officers

Director	Under Secretary
Sh. Simrandeep Singh Room No. 78 Tele No. 23092995	Mr. Ashish Kumar Mishra Room No. 30 Tele No. 23095067

World Bank (State Sector Projects I)

• World Bank Projects (technical assistance, grants, projects, pipeline projects, trainings and workshops) relating to financial service sector, including agriculture insurance, crops insurance, governance, PFM, tourism and in residual sectors.
• All work pertaining to World Bank State Projects related to infrastructure sectors in power, petrochemicals, mines, coal, petroleum, energy affiliates and oil & gas, transport sector including road (both National Highway and State Roads excluding rural roads), railways, shipping, and ports.
• All work pertaining to World Bank State Projects related to urban sector including urban transport, water supply and sanitation.
• All work pertaining to World Bank State Projects related to infrastructure projects in IT, telecom, and posts sectors.
• WB State projects/issues relating to land acquisition, resettlement and rehabilitation (LA and R & R).
• Parliament Questions relating to subjects in the Section.
• Cabinet Notes, COS references, VIP references, PMO references relating to subjects in the Section.
• World Bank assistance and DFID Trust Fund grant matters in agriculture and rural development, poverty alleviation and Panchayati Raj sectors.
• Maintenance of pipeline of projects for possible World Bank assistance in these sectors.
• RTI matters relating to World Bank assistance in these sectors.
• Parliament Questions relating to infrastructure and rural sectors projects of World Bank.
• External Territorial Charge: Nil.
• States: Nil.
• Legislations: Nil.
• Sectoral Charge: Nil.

Name, designation & contact details of Officers

Director	Deputy Director
Sh. Simrandeep Singh Room No. 78 Tele No. 23092995	Ms. Aishwarya Menon (Deputy Director) Room No. 241 E Tele No. 23095060

Asian Development Bank Division

The ADB Division is responsible for matters related to the Asian Development Bank (ADB) and other associated institutions. Its key functions include the detailed examination of policy papers circulated by ADB for discussion by its Board of Directors. The Division also handles matters concerning the Inter-American Bank (IAB), the South Asia Sub-Regional Economic Cooperation (SASEC) program, and participation in related meetings.

Additionally, the ADB Division oversees the arrangement of payments related to India's share of capital increase, Technical Assistance Special Fund (TASF), and Maintenance of Value (MOV) to ADB. It also facilitates engagement with external lenders, starting from the identification and approval of projects in the Screening Committee.

Name & contact address of Division head

Asian Development Bank Division comprises the following Sections

ADB-I (Policy, Urban & Financial Sector)

• Policy matters pertaining to Asian Development Bank, including processing, negotiation, monitoring, review etc. of all ADB loans/projects in Urban and Finance sectors.
• Detailed examination of all policy papers circulated by Asian Development Bank for discussion by the Board of Directors of the ADB e.g. General Capital, Increase in the Capital Stock, Asian Development Fund, Technical Assistance Special Fund (TASF), Long Term Strategic Framework, Local Currency Lending, Management Posts in ADB etc.
• Examination of various issues related to ADB flagged by Executive Director and advise the EDO accordingly.
• Nomination and recruitment of officers of central and state government/Public Sector Undertakings/ Autonomous bodies regular staff posts and consultant assignments in ADB financed projects in the member countries.
• Arranging payments of India's share of Capital increase, TASF and Maintenance of Value (MOV) etc. to ADB.
• All matters relating to ADB Report including Asian Development Outlook.
• All matters relating to ADB's equity investments/loan in the private sector.
• All matters relating to Technical Assistance from ADB in the related sectors.
• Budget matters pertaining to the work/projects allotted to the section.
• Coordination and conduct of periodical project review meetings with ADB and executing agencies.
• Coordination in organizing seminars/workshops/training/conferences etc. arranged by ADB either in India or outside India.
• Coordinating the visits of VIPs and various missions from ADB to India and vice versa.
• Coordination with ADB's Resident Office in New Delhi.
• Annual and other meetings of ADB.
• To convene Tripartite Portfolio Review Meetings (TPRMs) in coordination with ADB.
• Detailed examination and processing of Cabinet notes of the concerned sectoral charge ministries.
• Examination and processing of Parliament Questions in respect of allotted sectors and applications under RTI Act.
• Institutions: ADB
• External Territorial Charge: Nil
• Ministries/Departments: Nil
• States: Kerala, Tamil Nadu

Name, designation & contact details of Officers

Director	Under Secretary	Assistant Director / Section Officer
Vacant	Dr. Vyomesh Pant Room No. 167-A Tele No. 23093532	Mr. Dinesh Kumar (Section Officer) Room No. 268-A Tele No. 23095157 Mr. T. Minthang (Section Officer) Room No. 268-A Tele No. 23095157 Mr. Subhransu Putatunda Room No. 268-A Tele No. 23095157

ADB-II (Transport, Energy & Residual Sector)

• Matters concerning Inter American Bank (IAB), South Asia Sub-regional Economic Cooperation (SASEC) program and SASEC working group meetings & other related matters.
• Processing, negotiating and monitoring loans/projects financing in transport, power and Agriculture, Irrigation, Environment & Natural Resources sectors.
• Matters relating to Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project with assistance from ADB.
• Coordination of seminars/workshops/conferences organised by ADB in respect of allotted sectors.
• Coordination and monitoring of the ADB Missions in respect of allotted sectors.
• Examination and processing of Parliament Questions in respect of allotted sectors.
• Budget matters pertaining to the works/projects relating to the section.
• Receipt and disposal of applications under RTI Act.
• Processing and monitoring of matters i.e. clean energy issues and Clean Development Mechanism (CDM) of ADB.
• Institutions: ADB
• External Territorial Charge: Nil
• Ministries/Departments: Department of Drinking Water & Sanitation, Ministry of Earth Sciences, India Meteorological Department.
• States: Karnataka
• Legislations: Nil

Name, designation & contact details of Officers

Director	Under Secretary	Assistant Director / Section Officer
Vacant	Mr. Dinesh Kumar Shukla Room No. 221 A Tele No. 23095087	Mr. Rakesh Kumar (Section Officer) Room No. 271-A Tele No. 23095130