How We’re Legalising the ‘Bezzle’
Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has arguably done...
MP’s Pond Revival Project Suffers As Funding Dries Up
Basanta Vasunya a 35-year-old farmer from Bheel tribe of Dudhikheda village points towards a flourishing pond on which three villages rely. A recently established fish hatchery that nourishes, employs and empowers about 250 households...
India takes second place in renewable energy
India is leading the race in renewable energy but is still expected to become the largest coking coal importer by 2022. Will the country be able to meet its ambitious targets in clean energy...
How Telangana’s 24-hr power policy is linked to groundwater decline and farmer suicides
In a state where about 70% of the agriculture is based on tube wells (groundwater), a 24-hour power supply may not be the best policy. It was in November 2017 that Telangana Chief Minister...
For Gujarat Fishermen Fighting World Bank, Donald Trump And US Supreme Court Are Unlikely Allies
The Mundra residents hope the US top court will allow them to sue the World Bank’s IFC, which partly funded Tata Group’s thermal power project. NEW DELHI–Villagers fighting against a controversial Tata Group thermal...
Suing the World Bank Group to save its mission
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...
An exclusionary benchmark
Doing business report isn’t about economic milieu; it’s about lax regulations. This refers to your editorial, ‘Serious business’ (IE, November 2). It notes the improvement in India’s ranking, but also strikes a cautious note...
आजकल विकास का मतलब लूट है
भारत सरकार देश के विकास के नाम पर बड़ी ढांचागत परियोजनाओ के निमार्ण पर पिछलें कुछ दशकों से लगातार बल दे रही है। इन परियोजनाओं को भारत के सकल घरेलू उत्पाद की वृद्धि दर...
शहर-गाँव के बीच की खाई तेज़ी से बढ़ा रहा विकास का आधुनिक मॉडल
अधोसंरचना, ख़ासकर ऊर्जा के नाम पर हमारे देश में जो हो रहा है उसे सार्वजनिक सम्पत्ति की खुल्लाम-खुल्ला लूट के अलावा क्या कहा जा सकता है? मध्यप्रदेश सरीखे राज्य में जहाँ ख़ुद सरकारी दस्तावेज़ों...
आजकल विकास का मतलब लूट है
अधोसंरचना, खासकर ऊर्जा के नाम पर हमारे देश में जो हो रहा है उसे सार्वजनिक सम्पत्ति की खुल्लम-खुल्ला लूट के अलावा क्या कहा जा सकता है? मध्यप्रदेश सरीखे राज्य में जहां खुद सरकारी दस्तावेजों...
Civil Society Groups Welcome IFC Coal Plan but Push for More
NUSA DUA, Indonesia — Civil society groups have welcomed a move by the International Finance Corporation to transition the financial institutions it invests in away from supporting coal projects — but some say it...
Catalytic Financing can Scale Up Clean Energy Market: Report
Today, rooftop solar capacity is 1,200 MW only as against Centre’s target of 40,000 MW by 2022 Nagpur: With financing continuing to be a serious impediment in achieving the country’s clean energy goals, the latest...
Banks on the Brink
The unprecedented crisis in the Indian banking sector, which has brought banks’ lending operations to a virtual standstill, means that they can do little to help the economy, which is buffeted on multiple fronts....
Is the World Bank Group Above the Law?
A fishing community in India challenges the bank’s private-lending arm in the US Supreme Court. The US Supreme Court sits more than 12,000 miles from Tragadi Bandar, the patch of India’s west coast where...
Banks Need to Follow StanChart’s Lead and End New Coal Finance
By ruling out funding new coal-fired power plants globally, Standard Chartered has sent the message that developing countries such as Vietnam deserve clean air and water. Standard Chartered announced this week that it “will...
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