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Financial Daily from THE HINDU group of publications Friday, August 10, 2001 |
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Frequent flying babus to become extinct
Shaji Vikraman
NEW DELHI, Aug. 9
THE frequent flying plans of many a babu in Raisina Hill have been grounded with the Government deciding to dispense with the practice of holding negotiations pertaining to World Bank-funded projects in Washington.
Instead, such parleys will henceforth be held within the country, except for the odd project or two, senior Government officials confirmed today.
The decision, to be implemented shortly, will mark an end to the numerous trips undertaken by Government officials, especially from the Finance Ministry, to the World Bank headquarters in Washington DC.
Raisina Hill houses all major Ministries of the Government of India.
The change in approach is said to be in line with the policy adopted by several other countries, including China, which limit overseas jaunts to only very crucial negotiations. "When other countries can do it, there is no reason why we should not follow
suit. After all, when we have our own representatives in Washington and the World Bank, too, operates a full-fledged Resident Mission here, what is the need for sending a separate official contingent to Washington for each project?" a senior Finance Mini
stry official said.
Negotiations in Washington with the World Bank will from now on be restricted to just select projects involving huge funding stakes, the official said.
The move has apparently been initiated by senior Government representatives in the World Bank in Washington. The decision to ground the "frequent flyers" among officials to Washington, especially from the Finance Ministry, has been justified on the count
that the Indian contingent in the World Bank is well positioned to push the projects originating here.
For long, getting into the Fund-Bank division in the Department of Economic Affairs (in the Finance Ministry) was coveted by civil service officials. The numerous visits to the Fund-Bank headquarters annually, and the opportunity to network there in the
hope of getting a parking slot in the Bank for a few years, were attractive for officers.
Apart from the grounding of officials for talks, a more "sober approach" towards functions to mark the signing of projects with the World Bank is being planned, said Finance Ministry officials. This may signal a change in the practice of tom-toming any p
roject signed with the World Bank, marked by camera, television crew, etc.
A section of officials in the Ministry is of the view that there is nothing to rejoice when signing such projects as they add to the country's external debt.
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