New Delhi, May 11 -- Congress leader Jairam Ramesh on Sunday heaped praise on former Indian Prime Minister Indira Gandhi and shared a post on his official 'X' handle.

Recalling an incident from the year 1981, Jairam Ramesh mentioned that International Monetary Fund had approved a loan of USD 5.8 billion for India despite the disagreement of the United States who had abstained from the executive board meeting.

However, then Prime Minister Indira Gandhi was able to persuade the loan from IMF as India to be able to deal with the tripling of oil prices, Ramesh further mentioned in his 'X' post.

"On Nov 9, 1981, the IMF approved a $5.8 billion loan to India. The US had strong objections to it and had abstained from the Executive Board meeti...