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New Development Bank

People’s Summit on BRICS from 18th to 22nd October 2021.

As the 13th BRICS Summit was recently held and chaired by India, the People’s Forum on BRICS (a network of people’s movements, progressive civil society organizations, and trade unions) is convening a 5-day online...

Read more October 14, 2021 at 2:21 pm CFA

Infrastructure Projects in India: The Landscape of Financiers

This mapping document looks at infrastructure sector in India, its basic concepts, estimates by the Government of India, the World Bank (WB), Asian Development Bank (ADB), International Finance Corporation (IFC), Asian Infrastructure Investment Bank...

Read more February 9, 2020 at 7:12 pm Gaurav Dwivedi

Snippets from the World of International Financial Institutions – August, 2019

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...

Read more August 30, 2019 at 12:42 pm Maju Varghese

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

Solidarity Statement from India on the NDB’s Fourth AGM

Solidarity Statement from India At People’s Dialogue, Cape Town on 31 March 2019 In response to BRICS-led New Development Bank’s 4th Annual General Meeting in South Africa The BRICS led NDB (New Development Bank)...

Read more March 30, 2019 at 9:39 am 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

Briefing Paper: An Indian Perspective on NDB & AIIB

The Asian region has experienced the emergence of new MDBs over last few years. For many years, the Asian Development Bank was the only development bank in the region and has been dominated by...

Read more July 23, 2018 at 1:56 pm Gaurav Dwivedi

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

‘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

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

Booklet: Tentacles of the International Finance in India

This document is an effort to compile data of investments coming into India from MDBs, ExIm banks and other bilateral investments, to help understand the landscape of financing from these institutions and helping to...

Read more March 10, 2018 at 10:49 am CFA

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...

Read more March 10, 2018 at 12:46 am Joe Athialy

BRICS 2017 Offers Nothing New

For those closely looking at the trajectories of IFIs, especially the current trends of the New Development Bank (NDB) or the BRICS Bank, well, it’s all pancakes and fritters with news of NDB and...

Read more September 8, 2017 at 4:18 pm Tani Alex

What is New with the New Development Bank?

After the storm of demonetisation, which unsettled the economy back home, India is hosting the 2nd annual meeting of New Development Bank (NDB) from March 31 – April 2, 2017. NDB is the financial...

Read more March 31, 2017 at 1:39 pm Joe Athialy
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