In late February, the US Supreme Court ruled against the claim by the International Finance Corporation (IFC), the World Bankās private sector arm, to absolute immunity from suit in the US. The case was...
For Immediate Release Villagers Celebrate The Historic US Supreme Courtās Verdict Which Ended The Immunity of the IFIs March 31, 2019, Mundra: The air in Mundra filled with the slogans like Kaun Banata Hai...
This February, in a landmark decision, the US Supreme Court ruled that financial institutions like the World Bankās International Finance Corporation (IFC) are not immune from the law of land, and can be held...
Absolute immunity leads to impunity, and that foments lack of transparency and the reluctance to be held accountable Over three decades back, it looked quite impossible to ask the World Bank to review a...
For Immediate Release Peoples Movements and Civil Society Organisations Welcome the US Supreme Courtās Decision on the Absolute Immunity of the IFIs March 1, 2019, New Delhi:Peoples movements and civil society organisations from across...
This is the first time the US Supreme Court has addressed the scope of international organisationsā immunity February 28, 2019, Mundra, Gujarat:Ā Machimar Adhikar Sangharsh Sangathan (MASS) and the affected communities by the Tata Mundra...
For Immediate Release February 27, 2019 New Delhi:Ā 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...
Answering to a question in the parliament, Pon Radhakrishnan, the Minister of State in the Ministry of Finance, revealed that between the financialĀ year 2015-2018, India paid Rs 396.775 crore as Commitment Charges to the...
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 onslaught of a new power plant on the fragile ecology of the Sunderbans is fresh proof of the futility of climate reforms. We bring you a ground report. Until two years ago, 28-year-old...
The briefing note discusses the International Finance Corporationās (IFC) analysis and estimates of the investment opportunities in infrastructure development opening up, primarily for the private sector, in the urban areas due to the aggravating...
The Mundra residents hope the US top court will allow them to sue the World Bankās IFC, which partly funded Tata Groupās thermal power project. NEW DELHI–Villagers fighting against a controversial Tata Group thermal...
The Supreme Court heard oral argument this morning in a dispute over immunity for the International Finance Corporation, an international organization that makes loans to private businesses to finance projects in developing countries. The...
October 31, 2018, Washington, D.C.Ā āĀ The U.S. Supreme Court heard oral arguments today inĀ Jam v. International Finance CorporationĀ (IFC), a landmark lawsuit that will decide if international organizations are absolutely immune from lawsuits in U.S. courts....
Bharat Patel, General Secretary, Machimar Adhikar Sangharsh Sangathan, narrating the history of violations by the IFC, Tata Mundra Power Plant and Peoples’ Resistance to it. The MAAS filed a case in the US federal...
