The AIIB Must Stop Funding Fossil Fuels
At the Asia Infrastructure Investment Bankâs (AIIB) third AGM in India this June, the AIIB has an opportunity to lead the way in sending a strong signal to other investors that the era of...
Ease of Doing Business and Rana Plaza Tragedy
Five years ago, on April 24, 2013, a tragedy in neighbouring Bangladesh shook up everyone. Rana Plaza, a five-storied commercial building, that housed several âsweatshopâ clothing factories, a bank and few shops, collapsed and...
The Trends in Hydro Power Financing in India
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage â nearly double the previous year â while there...
Big Push for the Development of Hydropower in India
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage â nearly double the previous year â while there...
What You Wonât Hear at the World Bankâs Spring Meetings Next Week
The World Bank Group will host its 2018 Spring Meetings next week, bringing together representatives of governments, banking institutions, civil society, the private sector, and academics to âdiscuss issues of global concern, including the...
The World Bank and IMFâs approach to social protection
While it is generally accepted that social protection is a core public service, the design of national systems is highly contested. There are two broad camps in the debate: one regards social protection as...
CSOs Oppose AIIBâs Plan to Allow Management to Approve Projects
April 9, 2018: 62 Civil Society Groups from four continents issued a public statement to express their concern about the Asia Infrastructure Investment Bank’s (AIIB) ongoing Board meetings in which it is being proposed...
A False Debate on the Frauds and Regulations in Public Sector Banks
The war of words between the Finance Minister and RBI governor has steamed up with the Arvind Subramanian, Chief Economic Advisor, jumping in the fray attacking the Urjit Patel, RBI Governor, who commented, among...
The Privatisation of Public Sector Banks is not a Panacea
In the aftermath of the Rs. 12,000 crore fraud perpetrated by Nirav Modi, the critics of the Indian Banking system has launched into a fresh debate on the ownership structure of Indiaâs Public Sector...
IFC Failed to Follow its Performance Standards in Vizhinjam: CAO
International Finance Corporationâs (IFC) grievance redressal body Compliance Advisor Ombudsman (CAO) in its compliance investigation report has indicted IFC for not following its Performance Standards in Vizhinjam International Seaport Limited (VISL), a special purpose...
The Council of Ethics Recommends the GPFG to Exclude BHEL from Portfolio
The Council on Ethics for the Government Pension Fund Global (GPFG), an independent body of the world’s largest sovereign wealth fund, that makes recommendations to the Norges Bank with regards to either excluding companies...
Huge Overlap in Investments by MDBs, ExIM Banks, and Bilaterals on Critical Sectors
Ever since the first lending from World Bank in 1949 worth $34 million to Indian Railways and the bilateral credit India received from the erstwhile USSR and USA in the early 50s, India has...
Legal Experts Urge Supreme Court to Hear Case Challenging World Bank Immunity
International law and human rights law experts are urging the U.S. Supreme Court to hear our clientsâ case, Jam v. International Finance Corporation challenging the immunity of the International Finance Corp. (IFC), the private...
Sacrificing Labour Rights at the Altar of Ease of Doing Business
The call for reforms in the labour laws in the country became strong with the liberalisation of the economy in the 90âs. The Second National Commission on labour was set up in 1999 which...
New Report Warns AIIB to do Due Diligence before Investing in NIIF
A latest report has asked Asian Infrastructure Investment Bank (AIIB) to âtread carefullyâ on National Infrastructure and Investment Fund (NIIF), a fund of fund that seeks to create long-term value for domestic and international...
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