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International Finance Corporation

Booklet: Smart Cities Mission in India: Footprints of IFIs

This booklet is a first in a series that looks to provide an overview of the smart cities at a conceptual level, smart cities mission in India, development of smart cities globally, the role...

Read more July 26, 2019 at 9:15 pm Gaurav Dwivedi

Coal-Ravaged Indian Fishers Take to the Supreme Court

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...

Read more April 26, 2019 at 6:12 pm Sierra Magazine

Tata Mundra: The Story Of A Valiant Struggle

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...

Read more April 11, 2019 at 12:54 pm CFA

Wake Up World Bank

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...

Read more March 5, 2019 at 11:06 am Joe Athialy

What does the US Supreme Court’s Judgement mean for the People of Mundra?

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...

Read more March 2, 2019 at 12:03 am WGIFIs

Press Release: Historic Supreme Court Win: WB Group Is Not Above The Law

For Immediate Release February 27, 2019 New Delhi: In a historic 7-1 decision, the U.S. Supreme Court decided in Jam v. IFC that international organizations like the International Finance Corporation of the World Bank Group...

Read more February 27, 2019 at 11:46 pm CFA

ADB was the Biggest Lender to India in 2018

As per the Early Warning System, which collects and verify information about the proposed and existing projects, India, in 2018, had 112 active or proposed projects funded by Development Finance Institutions (DFIs). These institutions...

Read more February 8, 2019 at 8:37 pm Ankit Agrawal

Development must not Happen at the Cost of Constitutional Rights

Mumbai, June 23: “The so-called ‘development’ must not come at the cost of constitutional rights,” said prominent activist and Goldman Environment Awardee Prafulla Samantra at the press conference, which was organised on the last...

Read more June 24, 2018 at 6:58 pm CFA

Booklet: The Trap of Doing Business Rankings

The Doing Business Report and the Ease of Doing Business Index is one of the flagship reports of the World Bank Group, a co-publication of World Bank and International Finance Corporation – the private...

Read more June 16, 2018 at 10:41 am Maju Varghese

‘Unchecked borrowing to put Andhra Pradesh in debt trap’

Express News Service, VIJAYAWADA:  Expressing concern over the unchecked borrowing from different banks and funding agencies across the globe by the TDP Government in the State, experts from National Association of People’s Movements (NAPM)...

Read more June 10, 2018 at 12:34 pm The New Indian Express

MASS Welcomes US Supreme Court’s Decision on IFC Case

For immediate release MASS Welcomes the US Supreme Court’s Decision to Hear the Case Challenging World Bank Group Immunity This will be the first time the US Supreme Court will address the scope of...

Read more May 24, 2018 at 7:56 pm CFA

US Supreme Court Ends Immunity of The World Bank Group

In a historic 7-1 decision, the U.S. Supreme Court decided today in Jam v. International Finance Corporation (IFC) that international organizations like the World Bank Group can be sued in U.S. courts. The Court’s decision marks a defining...

Read more May 22, 2018 at 8:16 pm CFA

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 – nearly double the previous year – while there...

Read more May 13, 2018 at 10:28 am Rajesh Kumar

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 – nearly double the previous year – while there...

Read more May 4, 2018 at 4:59 pm Rajesh Kumar

What You Won’t Hear at the World Bank’s 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 “discuss issues of global concern, including the...

Read more April 17, 2018 at 3:42 pm Michelle Harrison
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