India and the World Bank: Interaction and Implication

1. Cargill I. P. M. , “Efforts to Influence Recipient Performance: “Case Study of India”, in Lewis John P. Kapur Ishan (eds.), The World Bank Group, Multilateral Aid and the 1970s (Lexington: Lexington Books, 1973), p. 91.

2. Ibid .

3. Ibid. , p. 89.

4. Ibid , p. 90.

5. World Bank, The Evolving Role of the World Bank: The Food Crisis in South Asia; The case of India (Washington, D.C. World Bank, 1994), p. 10.

7. “World Bank asks India to Cut Power Subsidies”, Times of India , New Delhi, 5 July 1994, p. 15.

8. “IBRD Forcing Import of Power Machinery: BHEL,” Business Standard , Calcutta, 2 Oct. 1992.

9. Mahendra Pal , World Bank and the Third World Countries of Asia (New Delhi: National Publishing House, 1985), p. 210.

12. Bhatia S. L. , “IBRD Links Privatisation of Wagon Units to Loans”, The Economic Times , 15 May 1992.

13. Bhatia S. L. , “Railways Refuse $ 300 Million IBRD Loan”, The Economic Times , 17 June 1992.

14. Kalpana Jain , “License Blood Banks, Tighten up Screening: World Bank Team”, Times of India , 3 Sept. 1994, p. 1.

15. “World Bank Wants Subsidy Cut Taxes Widened”, Times of India , 6 Feb. 1994, p. 9.

16. “Reform Labour Laws, Says World Bank MD”, Times of India , 13 April 1995.

17. Geeta Sundarmoorthy , “IBRD to Assess Reforms in Hydrocarbon Sectors”, The Economic Times , 30 August 1992.

18. World Bank, The World Bank in India (New Delhi: World Bank, 1993), p. 4.

21. Mason Edward S. Asher Robert E. , The World Bank Since Bretton Woods (Washington, D.C.: The Brookings Institution, 1973), p. 31.

22. The World Bank in India , Oct. 1993, p. 8.

23. The Indian Executive Director represents Bangladesh, Sri Lanka and Bhutan. Now, Dr. Bimal Jalan holds the post.

24. The GEF came into being after the Rio Summit in 1992. It was restructured and replenished at Geneva in March 1994. A. H. Zaidi, “India Gets a Key Role in GEF”, The Times of India , 15 July 1994, p. 5.

25. Mason and Asher, p. 681.

26. Ibid. , p. 682.

27. Evolving Role of the World Bank , 1994, p. 6.

28. Ibid ; p. 23.

30. “Text of Finance Minister's Letter to World Bank”, Times of India , 28 Feb. 1992. p. 4.

31. 1973 Annual Meetings of the Board of Governors (Summary and Proceedings), Sept. 24-28, 1973, Nairobi, Kenya.

32. Bharat Bhusan , “World Bank Comments on Plan Draft Before Parliament Sees It”, Indian Express , 16 July 1992.

35. He defined thus, “If a determinate human superior, not in a habit of obedience to a like superior receives habitual obedience from the bulk of a given society, that determinate superior is sovereign in that society and the society (including the superior) is a society political and independent”. James Wilford Garner , Political Science and Government (Calcutta: The World Press, 1951), p. 179.

36. Bharat Bhusan , op. cit.

37. “Don't Shoot the Doctor” (Editorial) The Economic Times 28 Feb. 1992.

38. The World Bank Provides Excuses not to have done so. Vinod Ghildiya, “We do not know the Budget, Says World Bank”, Sunday Observer , 2 March 1992.

39. Harold J. Laski , A Grammar of Politics (London: George Allen and Unwin, 1951), p. 666.

40. Ibid ; pp. 44–45.

41. Fred Bergsten C. , Managing International Economic Interdependence: Selected Papers of C. Fred Bergsten, 1975-76 (Toronto: Lexington Books, 1977), p. 270.