NEW DELHI: Notwithstanding the chatter in the blogosphere about Nandan Nilekani's possible candidature for World Bank president, the Indian government has not taken any decision in this regard and has so far not sounded out the former Infosys CEO who now heads the country's ambitious unique identity number (UID) project.
Two government officials said no discussions has been held on whether India would be interested in nominating a candidate for the World Bank's top post and added that no names have been mentioned. But foreign minister SM Krishna on Friday said that the Bank's leadership should be decided on merit and mustn't be restricted to American candidates.
A person close to Nilekani said he had not been sounded out and that he wasn't interested in being nominated. "He is more keen to take his pet project of creating the world's biggest electronic delivery platform, to its logical conclusion," said this person.
Nilekani has been the chairman of the Unique Identity Authority of India (UIDAI) since 2009. The authority has been tasked with the responsibility of assigning a unique identity number to every Indian resident, creating an electronic delivery platform that could alter the way the state spends Rs 3,00,000 crore ($60 billion) each year by way of subsidies or wages under programmes such as MGNREGA.
The president of the World Bank has traditionally been an American and the Bank has invited nominations from its 165 shareholder nations by March 23 for a suitable replacement for current incumbent Robert Zoellick whose term ends this June. Among the likely US contenders for the job are Hillary Clinton, Lawrence Summers, Jeffrey Sachs and even Pepsico's Indra Nooyi.
Though some believe that the US would refuse to accept a non-American candidate for the Bank's leadership in an election year, India could have a better negotiating position as it had supported the developed nations' candidate to lead the International Monetary Fund last year, said a senior government official.
Over the past few days, think-tanks such as the US-based Centre for Global Development (CGD) and syndicated columnists have expounded on the credentials of Nilekani to find solutions for the complex global problems of the day.
Calling Nilekani 'India's Bill Gates' CGD president Nancy Birdsall praised his commitment to philanthropy as well as his current efforts to deliver welfare benefits to the poor through biometric technology solutions.
Birdsall and her colleague Arvind Subramanian described Nilekani as a 'highly qualified candidate' to lead the World Bank. The two also suggested another non-American candidate for the job - former Nigerian finance minister Ngozi Okonjo-Iweala.
But a senior Bank official in Washington said Nilekani was not considered a serious candidate "rumour mills are working overtime. There is no indication here that Nilekani is a serious candidate," said the official, speaking on conditions of anonymity. Telephone calls to India's representative on the World Bank board, executive director Mukesh Nandan Prasad, did not elicit a response.