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...
This document is an effort to compile data of investments coming into India from MDBs, ExIm banks and other bilateral investments, to help understand the landscape of financing from these institutions and help to...
Ever since the first lending from World Bank in 1949 worth $34 million to Indian Railways and the bilateral credit India received from the erstwhile USSR and USA in the early 50s, India has...
The call for reforms in the labour laws in the country became strong with the liberalisation of the economy in the 90’s. The Second National Commission on labour was set up in 1999 which...
OAKLAND, CA—The revelations that led to this week’s resignation of World Bank Chief Economist Paul Romer point to flawed methodology and political manipulation in the World Bank’s Doing Business report. Romer admitted that the...
In a major revelation, Paul Romer, the chief economist of World Bank apologized to Chile for changes to the Ease of Doing reports methodology which conveyed the wrong impression of the business environment under...
On November 1st, 2017 India witnessed one of the largest boiler accidents in recent times. An NTPC plant originally supported by Asian Development Bank met with an accident in their newly built unit. As...
There was jubilation in the government as the Ease of Doing Business ranked India in the 100th spot, 30 points ahead from last year which is supposed to be the biggest jump by any...
For immediate release Civil Society Organisations approach World Bank’s Board on the irregularities in Amaravati Capital City Project November 28, 2017, New Delhi: Social Activist Medha Patkar, Former Power Secretary Dr. EAS Sarma, Goldman Prize...
November 27, 2017 To The Executive Directors, The World Bank Washington DC Dear Executive Directors, We, the representatives of people’s movements, civil society organisations, and concerned citizens, write to the Board of...
The World Bank has spent the past four years overhauling the rules it applies to prevent or mitigate social and environmental harm from the development projects it finances. But human rights are all but...
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...
World Bank’s Chief Economist Ejaz Ghani recently advocated for the large-scale infrastructure investment mentioning that Golden Quadrilateral project has given a massive boost to manufacturing activity and productivity in districts located within 10km of...
October 14, 2017, New Delhi: Some of the biggest players in global finance are quietly backing the world’s most dangerous coal plant, according to an international investigative report released earlier this week. The report titled Time...