India will pursue reform of the governance structure of international financial institutions and changes in the international financial architecture so that they reflect the world of today.Speaking to newspersons in Pittsburgh on the eve of the G-20 Summit, the Indian Ambassador to the United States Mrs Meera Shankar said the voice of the new emerging market economies have to be accommodated and international financial institutions must reflect today’s world where many new players need to be accommodated and whose actions impinge on the global situation.At the 1st G-20 Summit in Washington the Prime minister, Dr Manmohan Singh had proposed that emerging economies should be included in institutions such as the Basel Committee on Banking Supervision and the Financial Stability Board. India is happy that these suggestions have been taken on board.Indian ambassador Meera Shankar says that there is a whole question from India’s point of view of reform of the international financial architecture. You know at the first G-20 Summit our Prime minister had proposed that emerging economies should be included in institutions like the Basel Committee on Banking reforms and financial Stability Board of the IMF. India is glad that these suggestions have been taken on board and we have now been included in these institutions. But the whole question of the reform of the governance structure and vote share in these key institutions still remains because they really represent the world as it emerged after the Second World War and not the world of today where there many new players who have to be accommodated and whose actions impinge on the global situationGiving a broad overview of the important issues Mrs Meera Shankar said the G-20 Summit will review the concerted policy responses which countries had taken in the wake of the economic crisis. The Finance Ministers and the Central Bank Governors who met in London earlier this month have already noted the signs of recovery.Eventually some countries are already beginning to think of how they will phase out some of the extraordinary measures they have put in place to expand demand. India however feels that for the moment there is need to continue these measures and caution is warranted.Financing of climate change mitigation measures in developing countries and measures to prevent protectionism are also to figure prominently in the G -20 meetings. India is of the view that there should be net additionality of funding and should be done within the framework of the UN Convention on Climate Change.