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IMF

The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?

For the past 36 years, banks' pensions have not been upgraded. No social security, like universal basic income, is considered. The vast majority of unorganised sector workers (94%) do not have access to provident...

Read more December 23, 2022 at 4:43 pm Thomas Franco

Understanding Deregulation, Privatisation & Economic Reforms: What derailed the Indian economy?

The derailment began in 1991, with the World Bank, an IMF loan, and the liberalisation, privatisation, and globalisation agenda.

Read more September 20, 2022 at 12:56 pm Thomas Franco

The Lankan Crisis: Lessons for India

While the mainstream media covers the turmoil in Sri Lanka as something that is unfolding on a day to day basis, what is lost out is the long term trajectories that have precipitated the...

Read more May 30, 2022 at 1:26 pm CFA

Coveted IMF-WB Spring meetings conclude with a vow to fiddle; MC12 round the corner

We are posting these snippets at a time when the mega yearly rituals of the World Bank and IMF a.k.a the Annual General Meetings, have ended and the balance of payment crisis in Sri...

Read more May 9, 2022 at 11:20 am Sonal Raghuvanshi

Civil society urges for a world without the World Bank | Press Release

The International Monetary Fund (IMF) along with the Board of Governors of the World Bank (WB) Group is having its annual Spring meeting from April 18th- 24, 2022 in order to commemorate another year...

Read more April 22, 2022 at 1:09 pm CFA

Sowing Trouble: Contextualizing India’s Farm Laws against the backdrop of World Bank and IMF

This booklet is a result of webinars under the World Without World Bank campaign that brings together activists, academicians and other civil society groups to protest, respond to the World Bank’s neoliberal reforms.

Read more November 30, 2021 at 4:51 pm Sonal Raghuvanshi

Post Covid Funds for India

Since the COVID-19 crisis emerged, MDBs have stepped in with massive packages for economic, social and health support. Details of funds received by India from Multilateral Development Banks for COVID-19 recovery support as of 30th October...

Read more October 29, 2020 at 10:15 pm Anuradha Munshi

World Without World Bank Possible: Activists

Action Week on World Bank Brings Together Social & Political Activists, Probing their Past  and Demanding Accountability Press Release |  October 16, 2020 New Delhi: A key message reverberating in the week long protest...

Read more October 16, 2020 at 4:15 pm CFA

Indian Civil Society Groups Announce “World Without World Bank” Action Week

Highlight the Impacts on Key Sectors in India During IMF-WB 2020 Annual Meetings Date: 12 October, 2020 New Delhi: People’s Movements, Civil Society Groups, and concerned citizens are coming together to protest the World...

Read more October 12, 2020 at 8:36 pm CFA

Random Reflection: PMO, Finance Ministry and the Finance Mess

It’s a known fact that decisions of every Ministry is taken by the Prime Minister’s Office (PMO), which has officers responsible for each Ministry. For a population of 130 billion, one PMO, which earlier...

Read more February 19, 2020 at 3:35 pm Thomas Franco

The Invisible hand of International Financial Institutions (IFIs)

(How Public Banks are going to be privatised and land, labor reforms are being gradually pushed in the country) In a capitalist system, it is said that the market correct itself through the invisible...

Read more January 13, 2020 at 6:39 pm Maju Varghese

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

IMF Chief Election Over 100 organisations across the world recently signed an open letter demanding an end to the ‘Gentleman Agreement,’ as per which only Europeans are selected as the Managing Director of the International...

Read more August 30, 2019 at 12:42 pm Maju Varghese

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

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

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

This monthly column tracking developments in the world of the international finance looks into the review of Equator Principles, ITUC’s critique on IMF Framework on Social Spending, and World Bank’s report on the Global...

Read more June 29, 2019 at 10:17 am Maju Varghese

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

IMF loans a continuous saga of conditionality. The latest in the countries that have received the International Monetary Fund (IMF) loans after Greece and Turkey is Pakistan. This is Pakistan’s thirteenth loan from IMF...

Read more May 31, 2019 at 3:26 pm Maju Varghese
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