Union Finance Minister Arun Jaitley will be leaving for the United States today to attend the IMF-World Bank Spring meeting.
RBI Governor Raghuram Rajan and other senior officials of the Finance Ministry and the Reserve Bank will participate in the meeting, which is likely to focus on the steps needed to give a push to the global economy.
International Monetary Fund (IMF) Managing Director Christine Lagarde had described India as a 'growth bright spot' during her visit last month.
Emerging countries like India, China, Brazil and Russia have been asking for increased voting rights in IMF, which would reflect their growing share in the world economy.
The quota reform, once implemented, will increase India's voting share from the current 2.44 percent to 2.75 percent, following which the country will become the eighth largest quota holder at the IMF, up from the 11th position.
