For Immediate Release After a Judge declared World Bank immunity cases âwrongly decided,â the communities affected by the Tata Mundra project approach US court to review âabsolute immunityâ doctrine Communities harmed by Tata Mundra...
A group of civil society organisations, which has reviewed, and analysed the 2017 draft of the National Energy Policy (NEP), submitted its comments and suggestions from the financial perspective for improving the draft of...
With Subhash Chandra Garg assuming charge as secretary of the Department of Economic Affairs (DEA) in the Finance Ministry, the position of the Indian Executive Director (ED) at the World Bank has fallen vacant. The 1983-batch...
Like India once had a Ministry of Disinvestment, it’s time she has a Ministry of Loss Making. How else can one understand governmentâs eagerness to buy out all loss making projects, whether in coal,...
Asia Infrastructure Investment Bank (AIIB) recently concluded its Second Annual Board of Governorsâ meeting in Jeju, South Korea. The three-day-long meeting, during June 16-18, 2017, saw the participation of Board of Governors, representatives from...
A U.S. Federal Court has held that the International Finance Corporation (IFC) is entitled to âabsolute immunityâ from lawsuits brought by communities harmed by IFC projects. The case, filed by communities affected by the...
Non-Performing Assets (NPAs), a euphemism for toxic or bad loans, has been looming over Public Sector Banks (PSBs) for over a year. C. P. Krishnan, the General Secretary of Bank Employees Federation of India...
The Constitution of India has accorded the Parliament the supremacy among the three organs of the Union government viz legislature, executive, and judiciary. Parliament not only makes the laws but also enables the citizens...
For Immediate Release Federal Appeals Court Rules That World Bank Group Cannot Be Sued For Harming Communities Affected Communities Plan Further Legal Challenge June 27, 2017, Washington D.C., and Mundra: The U.S. Court of...
Press Statement | 26 June 2017 Bailout Pleas by both Adani and Tata Projects in Mundra a symptom of larger menace; Government should not acquire liabilities, to waste public money; Both corporations should be...
The year 2015 was called a landmark year in terms of global environmental action. Two global agreements were reached and sealed â both critically concerned with the future environmental health of the earth and...
February 07, 2017: Mundra, Gujarat The U.S. Court of Appeals for the District of Columbia Circuit heard arguments in Budha Ismail Jam v. International Finance Corporation, a case against the International Finance Corporation (IFC),...
An Analysis of Parliamentary Debates in India on International Financial Institutions (1984-2009) This report critically examines how international financial institutions (IFIs) such as the World Bank, IMF, and Asian Development Bank have increasingly influenced...
Indian banks should have safeguard policies of the kind followed by international financial institutions. Despite the crisis in several parts of India following demonetisation, which sucked out 86% of the currency in circulation overnight, one of...
Dr Thomas Franco, the vice president of All India Bank Officers Confederation, says Urjit Patel (RBI Governor) is morally responsible for causing crisis and deaths in the country. Franco said the government should have...
