The World Bank has outlined the role it can play as India looks to fund its ambitious National Rail Plan over the next 30 years, which envisages almost 8,000 km of high-speed corridors and...
The Tata group, one of India’s largest conglomerates, promised to be a good neighbor when it took on the job of building the nation’s first “ultra mega” coal-fired power plant. The plan was to build...
Recently, a piece of good news has appeared that World Bank Group’s International Finance Corporation (IFC) upholding the right to education in an official commitment and decided to freeze investments in private for-profit pre-primary,...
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...
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...
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...
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...
In its historic decision on 27th Feb 2019, the U.S. Supreme Court decided that international organizations like the World Bank Group “don’t enjoy absolute immunity”. Simply put, with this judgement, the World Bank and...
In late February, the US Supreme Court ruled against the claim by the International Finance Corporation (IFC), the World Bank’s private sector arm, to absolute immunity from suit in the US. The case was...
Tata Mundra Ultra Mega Power Project India is part of an ambitious plan, which saw the building of several coal-based thermal power stations to meet India’s energy needs. Located on the western coast of...
October 5, 2018, New Delhi: Medha Patkar, Bharat Patel, Nityanand Jayaraman and other members of the CSOs across India, have criticised the Working Group of the World Bank Board’s Committee on Development Effectiveness (CODE),...
Submission to the Inspection Panel Working Group We are happy to note the Working Group of the World Bank Board’s Committee on Development Effectiveness is reviewing the Inspection Panel’s toolkit to determine whether it...
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 Court’s decision marks a defining...
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 “discuss issues of global concern, including the...
International Finance Corporation’s (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...