India’s ballooning NPA and banking crisis is a testimony to the reality whereby infrastructure projects have not only failed to bring in private capital, but have instead managed to siphon off small savers’ money...
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...
In the last four years since Amaravati was conceived, the government has successfully aggregated 34,000 acres of land from almost 28,000 farmers. According to agriculture experts, the area between Guntur and Vijayawada, which been...
Meera Sanghamira of the NAPM speaks on the various violations being done to implement the Amaravati Capital City Project. People’s response to it including approaching the World Bank’s Inspection Panel, which visited and submitted...
The AIIBs vision must comprise multi-dimensional aspects, including social infrastructure like health and education. It should focus on people, their involvement and fundamental rights in the city. The Asian Infrastructure Investment Bank (AIIB) has...
The 10th BRICS (Brazil, Russia, India, China and South Africa) Summit was held in Sandton Convention Centre, Johannesburg, South Africa from 25-27 July 2018. Set up in 2009, in the aftermath of the 2008 global financial...
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...
AIIB Third Annual Governors Meeting Prioritises PPPs and Investments in Funds to Mobilize Private Capital for Infrastructure as the Way Forward The last week of June saw India host the third annual meeting of...
Professor Arun Kumar questioned the model of economic growth by asking who is it for. The economy is not growing at 7%, as claimed by the government, the big shocks of demonetisation and GST...
“AIIB has created a superstructure, an ecosystem which acts as a complex web of shining terminologies and projects to attract investments, which actually is a smoke screen to hide the fact that there’s no...
Senior activist Ulka Mahajan of Sarvahara Jan Andolan said, “The infrastructure that is being developed is not what people demand, but it is what global capital demands. The international financial institutions are promoting corporate...
A year back when we started our weekly newsletter Finance Matters, what we intended was to bring together the news and analysis from the world of finance, in a form and language comprehensible to...
MUMBAI, India — The Asian Infrastructure Investment Bank on Monday announced support for India’s National Investment and Infrastructure Fund. The $100 million equity investment is the first phase of funding for NIIF, a collaborative platform...
The Asian Infrastructure Investment Bank, which meets in Mumbai this week, needs to prove that its clients have robust social, environmental and disclosure policies and practices. Along the route from Mumbai’s international airport in...
In the political resolution adopted at the end of the People Convention on Infrastructure Financing delegates resolved to challenge the undemocratic and economically unsound functioning of IFIs including AIIB, World Bank, IFC and others....