Infrastructure projects in Tamil Nadu and their Impacts
Nityanand Jayaraman on the Infrastructure projects in Tamil Nadu and their Impacts
Are Gujarat farmers likely to succeed against IFC?
BloombergQuint The Fineprint | Are Gujarat farmers likely to succeed against World Bankâs lending arm IFC – International Finance Corporation? Vermont Law Schoolâs John Echeverria & CFA’s Joe Athialy share their views.
MASS Welcomes US Supreme Courtâs Decision on IFC Case
For immediate release MASS Welcomes the US Supreme Courtâs Decision to Hear the Case Challenging World Bank Group Immunity This will be the first time the US Supreme Court will address the scope of...
US Supreme Court Ends Immunity of The World Bank Group
In a historic 7-1 decision, the U.S. Supreme Court decided today in Jam v. International Finance Corporation (IFC) that international organizations like the World Bank Group can be sued in U.S. courts. The Courtâs decision marks a defining...
What You Wonât Hear at the World Bankâs Spring Meetings Next Week
The World Bank Group will host its 2018 Spring Meetings next week, bringing together representatives of governments, banking institutions, civil society, the private sector, and academics to âdiscuss issues of global concern, including the...
IFC Failed to Follow its Performance Standards in Vizhinjam: CAO
International Finance Corporationâs (IFC) grievance redressal body Compliance Advisor Ombudsman (CAO) in its compliance investigation report has indicted IFC for not following its Performance Standards in Vizhinjam International Seaport Limited (VISL), a special purpose...
The Council of Ethics Recommends the GPFG to Exclude BHEL from Portfolio
The Council on Ethics for the Government Pension Fund Global (GPFG), an independent body of the world’s largest sovereign wealth fund, that makes recommendations to the Norges Bank with regards to either excluding companies...
Legal Experts Urge Supreme Court to Hear Case Challenging World Bank Immunity
International law and human rights law experts are urging the U.S. Supreme Court to hear our clientsâ case, Jam v. International Finance Corporation challenging the immunity of the International Finance Corp. (IFC), the private...
The US Supreme Court is Our Last Hope
For Immediate Release The US Supreme Court is Our Last Hope to Ensure Accountability of the World Bank Group January 23, 2018, Washington, D.C. and Mundra, Gujarat: Fishing communities and farmers affected by Tata...
World Bank Reviewing Inspection Panelâs Mandate
A recent article on the much-acclaimed accountability mechanism of World Bank, the Inspection Panel (IP), indicates that all is not well with it and it could get its wings clipped. The discussion on the...
Money Trail of NTPC owned Rampal Power Project
October 14, 2017, New Delhi: Some of the biggest players in global finance are quietly backing the worldâs most dangerous coal plant, according to an international investigative report released earlier this week. The report titled Time...
Communities affected by Tata Mundra will ask U.S. Supreme Court to hear case against IFC challenging âabsolute immunityâ
September 27, 2017, Mundra, Gujarat: Fishing communities and farmers affected by Tata Mundra said on Friday that they would approach the U.S. Supreme Court to review the decision of  U.S. Court of Appeals for...
Does World Bankâs Country Partnership Framework provide the real analysis of the challenges India faces?
The World Bank Group is in the process of formulating its first Country Partnership Framework (CPF) for India for which consultations are in process to come out with Systematic Country Diagnostic (SCD), which will...
ADBâs Annual Monitoring Report on Tata Mundra rejected: Press Statement
Press Statement: 22 .8.2017 ADBâs Annual Monitoring Report on Tata Mundra rejected: Report subverts the real issues while focusing only on the frivolous ones Kutch, Gujarat:Â Communities affected by the Tata Mundra (Coastal Gujarat Power...
India paid over 600 crores between 2009-2015 to the IFIs for not using their loans
Every year, India pays an enormous amount of money as commitment charges to the multilateral institutions for not utilising the loans sanctioned by them. Investopedia defines commitment charges as the fee charged by the lender...
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