New Delhi: World Bank President Robert B Zoellick, who is here on a 5-day visit, on Monday held consultations with the Rural Development Minister Jairam Ramesh, economists and think-tanks on the state of economy.
"It was a open ended consultation. President discussed the economic developments in India and around the region," sources said.
Among the senior government functionaries Zoellick met Ramesh on Monday and is scheduled to meet Finance Minister Pranab Mukherjee tomorrow.
Zoellick, who had visited India four times during his five-year tenure as Bank President, will also meet Home Minister and Planning Commission Deputy Chairman to assess how the World Bank Group can be useful in meeting the development priorities of the country.
"Shifts in the world economy could affect India's growth momentum and sharpen its development challenges. The Bank stands ready to continue to support India with its knowledge and financial resources to meet the challenges ahead," he had said in a statement yesterday.
This will be the last visit of Zoellick as President of World Bank as he is retiring on June 30.
India is the largest client for the International Bank for Reconstruction (IBRD) and Development and its private sector arm, International Financial Corporation (IFC).
The Group in its last fiscal (ending June 2011) made USD 6.33 billion available to India, including USD 3.46 billion from IBRD, USD 775 million from IFC, and USD 2.07 billion from its soft lending arm, the International Development Association.