India and the OECD

Highlights

The OECD Council at Ministerial level adopted a resolution on 16 May 2007 to strengthen co-operation with India, as well as with Brazil, China, Indonesia and South Africa, through a programme of enhanced engagement, defining these countries as Key Partners of the OECD. As a Key Partner, India is included in OECD analysis and statistical databases. Its participation in OECD bodies and fora is encouraged as a means of allowing Indian policy makers to benefit from the OECD’s technical expertise and analytical capacity.

Angel Gurría, Secretary-General of the OECD, meets Nirmala Sitharaman, current Minister of Finance, at OECD headquarters.

Mutual benefits

OECD statistics, sector-specific country reviews and targeted joint activities are key to advancing India’s domestic reform agenda while increasing the OECD’s relevance in global governance.

This interaction also benefits OECD members and other Key Partners’ engagement with India as a major player in the global economy. At fora like the G20, this dialogue supports a coordinated approach to addressing pressing policy challenges through leveraging the Organisation’s policy advice.

How is the co-operation co-ordinated?

The Global Relations Secretariat co-ordinates OECD-wide co-operation with India, pursuing a mutually beneficial strategic orientation to engage central and state governments, business associations, and think tanks.

Areas of work

OECD-India collaboration continues to build, in areas such as anti-corruption, corporate governance, economic policy, environment, fiscal relations, as well as, responsible business conduct, steel, taxation, trade and investment.

India’s participation in OECD general activities

India participates in selected OECD Committees and their subsidiary bodies. India is also a member of the Development Centre, the Global Forum on Transparency and Exchange of Information for Tax Purposes, the International Transport Forum, the Financial Action Task Force, and an Association Country of the International Energy Agency. Engagement in the G20 context includes India’s active role in the Global Forum on Steel Excess Capacity and its adherence to the G20/OECD Principles of Corporate Governance. Indian ministers and officials have also attended the OECD Ministerial Council Meetings.

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