By

🪙 As the World Bank marks 80 years, Justice S. Muralidhar delivers a critical address examining the institution’s growing influence over India’s economic and social policies. With rising external debt, he explains how international financial institutions increasingly shape decisions affecting millions—often beyond democratic accountability.

💬 Justice Muralidhar highlights how World Bank–backed development projects have led to the displacement of marginalised communities, while legal remedies and reparations remain inadequate. He also raises concerns about opaque state institutions, where digitisation and surveillance are being used to curb dissent and weaken civil society.

⚖️ The lecture calls for greater transparency, democratic oversight, and the strengthening of people’s tribunals to hold both governments and global lenders accountable.

🔗 Watch the full conversation here:

Partner With Us Through Your Support

Strong democracies need financial accountability.

Behind every policy is a financial choice. CFA works to make those choices transparent and just.

Your support enables CFA to research, monitor, and speak up on how public resources are used. Together, we can ensure finance serves the public good.

Support the work—support accountability.