The Resignation of IMF Chief, and Western Dominance in IFIs Christine Lagarde, IMF’s Managing Director, resigned this month after she was nominated to head the European Central Bank. She previously served as France’s finance minister during...

Read more July 27, 2019 at 2:01 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

Inspection Panel’s Report on Amaravati Project only Validates the Issues Raised by CSOs

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...

Read more July 26, 2019 at 5:42 am WGIFIs

विश्व बैंक के बाद, एशियन इन्फ्रास्ट्रक्चर इन्वेस्टमेंट बैंक ने अपना निवेश अमरावती कैपिटल सिटी परियोजना से वापस लिया

प्रेस रिलीज | २३ जुलाई २०१९ विश्व बैंक के बाद, एशियन इन्फ्रास्ट्रक्चर इन्वेस्टमेंट बैंक ने अपना निवेश अमरावती कैपिटल सिटी परियोजना से वापस लिया चीन के नेतृत्व वाले एशियन इन्फ्रास्ट्रक्चर इन्वेस्टमेंट बैंक (AIIB) ने आंध्र प्रदेश के अमरावती कैपिटल सिटी...

Read more July 23, 2019 at 8:00 pm WGIFIs

Press Release: After World Bank, AIIB Pulls Out of Amaravati Capital City Project

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...

Read more July 23, 2019 at 7:20 pm WGIFIs

Report: Insolvency and Bankruptcy Code: Whose Loss, Whose Gain?

Insolvency and Bankruptcy Code (IBC), once hailed as the panacea of all ills plaguing bad debt of corporations and for quick recovery of outstanding loans from them, has been in operations for a while...

Read more July 23, 2019 at 3:26 pm Nishank

विश्व बैंक ने अमरावती कैपिटल सिटी परियोजना से हाथ खींचा, लोगों को मिली बड़ी सफ़लता

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...

Read more July 20, 2019 at 5:17 pm WGIFIs

Media Coverage of the WB’s Decision to Pull Out of Amaravati Project

Outlook: World Bank ‘Drops’ Chandrababu Naidu’s Ambitious Amaravati Project; Pulls Out $300 Million Outlook: World Bank Drops Amaravati Project: What It Means Down To Earth: World Bank pulls out of Amaravati construction project Mint: World Bank pulling out...

World Bank Pulls Out of Amaravati Capital City Project

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...

Read more July 18, 2019 at 11:46 am WGIFIs

Beijing-based infrastructure bank ‘funding’ India’s environmentally risky projects

A new civil society note has questioned the operations of the Beijing-based Asian Infrastructure Investment Bank (AIIB), a multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region, seeking...

Read more July 16, 2019 at 3:03 pm Counterview

The Budget Presents Government’s Myopic Vision on the Banking Sector

The first budget of the newly re-elected government was placed on July 5, 2019, by the Finance Minister Nirmala Sitharaman. The budget failed to address the real problems of the economy like unemployment, agrarian...

Read more July 12, 2019 at 9:00 am Ashish Kajla

Protestors To Call on AIIB To End Fossil Fuel

As the Asian Infrastructure Investment Bank (AIIB) annual meeting kicks off on Friday, a coalition of NGOs will hold a protest to call on the multilateral financial institution to live up to its “lean,...

Read more July 11, 2019 at 1:26 pm Delano

AIIB Faces Climate Protests at Annual Meeting in Luxembourg

Activists from across the world are planning demonstrations against the bank over its fossil fuel investments The Asian Infrastructure Investment Bank (AIIB) is holding its first ever annual meeting outside of Asia on 12-13...

Read more July 11, 2019 at 1:15 pm Chinadialogue.net

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