“Modi government has granted licenses to 20 small finance banks. The successive central governments have undermined the significance of the public sector banks. Granting license to small finance banks is to...
The crisis in the banking sector is a created one, where the commercial banks have been forced to lend on a large scale to the development projects and to the corporates and which has...
WILD ANIMALS ONCE RAN AMONG the acacia trees outside Navinal, one of many small villages hugging the Gulf of KutchтАУan inlet on India’s northwest coast. Gajendra Singh Jadeja remembers them well: Cattle foraged for...
The New World Bank President The annual Spring Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) was held in Washington DC this year with...
In full-page advertisements in the Financial Times and Yomiuri Shimbun, Japan’s largest daily newspaper, 50 reputed organisations, working on environment and accountability related issues, from across the world have appealed to Shinzo Abe to...
Yesterday Julian Assange, co-founder of Wikileaks, was arrested from the Ecuadorian Embassy in London, where he took refuge seven years back, after the Ecuadorian governmentтАЩs withdrawal of asylum. Interestingly, exactly a month back, on...
IndiaтАЩs ballooning NPA and banking crisis is a testimony to the reality whereby infrastructure projects have not only failed to bring in private capital, but have instead managed to siphon off small saversтАЩ money...
The World Bank’s support for giant coal fired power plants in India and South Africa illustrate the organisation’s many institutional failings. This article is part of a series by openDemocracy and the Bretton Woods...
Demands from the Peoples Movements of MP to the Lok Sabha Candidates Madhya Pradesh Jan-Sangharsh Samanvay Samiti April 4-5, 2019,┬аYouth Hostel, Jabalpur In the context of the upcoming general election, a two days consultation...
On February 27, 2019, the US Supreme Court in a 7-1 decision ruled that international organisations like the International Finance Corporation (IFC), a private-lending arm of the World Bank Group, do not enjoy absolute...
The last five years have been a watershed moment in Indian politics and the economy. The NDA allianceтАЩs grand victory on the agenda of development and good days to come (achhe din) started off...
The case, which now goes back to a US district court, relates to alleged pollution caused by a Gujarat-based power plant partly funded by IFC. On February 27, the US Supreme Court ruled in...