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...
विश्व बैंक ने अमरावती कैपिटल सिटी परियोजना से हाथ खींचा, लोगों को मिली बड़ी सफ़लता प्रेस विज्ञप्ति | 20 जुलाई, 2019 एक बड़े ऐतिहासिक कदम, जिसका प्रभाव कई स्तर पर देखने को मिलेगा, उठाते...
July 18, 2019: In a significant move, which will have repercussions at multiple levels, yesterday the World Bank has decided to pull out of the $300 million lending to the Amaravati Capital City project...
The World Bank’s support for giant coal fired power plants in India and South Africa illustrate the organisation’s many institutional failings. This article is part of a series by openDemocracy and the Bretton Woods...
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...
This February, in a landmark decision, the US Supreme Court ruled that financial institutions like the World Bank’s International Finance Corporation (IFC) are not immune from the law of land, and can be held...
The World Development Report (WDR) is the World Bank’s development research and policy review report published annually. Started by IBRD since 1978, this report is intended to provide deep and extensive analysis on one...
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...
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...
The resignation of the World Bank President Jim Yong Kim was an unexpected development given the fact that he had three more years to complete his tenure. Resignations at such a high level after bidding for...
Johannesburg – World Bank president Jim Kim is an ex-leftist who claims that in the mid-1990s he wanted to shut down the Bank. At the time, it was an entirely valid, realistic goal of the 50 Years...
Here’s a lowdown on what good and bad came out of Kim’s reign as the bank’s president and what seems to be the future of the coveted title Jim Yong Kim resigned from the...
In 2015, farmers and fishworkers from rural India sued the World Bank Group in Washington, D.C., over impacts from a disastrous coal-fired power plant project that they said destroyed their livelihoods and damaged their...