Jaitley heads to US Tuesday to attend IMF-WB meetings

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New Delhi, April 11 (IANS) Finance Minister Arun Jaitley will on Tuesday leave for a 10-day visit to the US to attend the Spring Meetings of the International Monetary Fund and World Bank, a UN session on the drugs problem, and an interaction with American investors, said an official statement.

Jaitley will leave on Tuesday evening on an official visit to the US and arrive in Washington early morning on April 13, said a finance ministry statement.

The IMF and World Bank Spring Meetings will also be attended by Reserve Bank of India Governor Raghuram Rajan and Chief Economic Advisor Arvind Subramanian.

In the first leg of his US visit, Jaitley on April 13 will address the Carnegie Endowment for International Peace – on “Steering India Towards Growth”, it said.

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“On April 14, Jaitley will hold one to one meeting with his US counterpart, Treasury Secretary Jack Lew, which would be followed by the 6th Economic and Financial Partnership Dialogue between India and US,” the statement said.

Jaitley will also meet National Development Bank’s board of governors and BRICS finance ministers and central bank governors, it said.

On April 15, he will participate in the G-20 session for finance ministers and central bank governors. Thereafter, he will participate in the event to honor the UN Secretary General Ban Ki-moon for nurturing the World Bank-United Nations partnership.

After the first leg of his tour, Jaitley will reach New York on April 17, where he will address a Special Session of the UN on the World Drug Problem on April 19.

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He will address an Asia Society Event on the topic “Make In India-The New Deal” and also hold meeting with long-term funds and pension funds on “Invest in India”, the statement said.

Jaitley is also proposed to participate in the Institutional Investors Meet in New York before leaving for India on April 20.

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