In the past several years, infrastructure has become a focus sector in the Indian economy as it is expected to boost overall development. Infrastructure continues to attract attention not only from the government but...
IMF Chief Election Over 100 organisations across the world recently signed an open letter demanding an end to the ‘Gentleman Agreement,’ as per which only Europeans are selected as the Managing Director of the International...
For immediate release Inspection Panel’s Report on Amaravati Project only Validates the Issues Raised by CSOs July 26, 2019: Confirming the concerns raised by the communities and civil society organisations, Government of India withdrew...
Press Release | July 23, 2019 After the World Bank, Asian Infrastructure Investment Bank Pulls Out of Amaravati Capital City Project New Delhi: The China-led Asian Infrastructure Investment Bank (AIIB) pulled out of Amaravati Capital...
IMF loans a continuous saga of conditionality. The latest in the countries that have received the International Monetary Fund (IMF) loans after Greece and Turkey is Pakistan. This is Pakistan’s thirteenth loan from IMF...
The AIIB has developed into a major player in the global financial architecture in record time: It first became operational in January 2016, and as it completes its third anniversary in 2019, the Beijing-based...
WILD ANIMALS ONCE RAN AMONG the acacia trees outside Navinal, one of many small villages hugging the Gulf of Kutch–an 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...
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...
In its historic decision on 27th Feb 2019, the U.S. Supreme Court decided that international organizations like the World Bank Group “don’t enjoy absolute immunity”. Simply put, with this judgement, the World Bank and...
It is being emphasised quite often that the infrastructure sector is a crucial driver for the Indian economy. The sector would be responsible for propelling India’s overall development and enjoys intense focus from the...
Absolute immunity leads to impunity, and that foments lack of transparency and the reluctance to be held accountable Over three decades back, it looked quite impossible to ask the World Bank to review a...
What does the US Supreme Court’s Judgement on World Bank Group’s Immunity Mean for the people of Mundra, Gujarat, India and beyond? Dr Bharat Patel General Secretary, Machimar Adhikar Sangharsh Sangathan and one of...
कैंब्रिज के अर्थशास्त्री, हा-जून चांग का मानना है कि ‘अर्थशास्त्र का 95 प्रतिशत सिर्फ सामान्य समझ है, जिसे गणित और भारी-भरकम शब्दावली का प्रयोग करके मुश्किल बनाया जाता है।’ इससे हम समझ सकते हैं...
