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 Bank’s policies, interventions and impacts which negatively impacted the Indian economy as a whole, and in particular in some key sectors, …
Continue reading Indian Civil Society Groups Announce “World Without World Bank” Action Week
For Immediate Release Villagers Celebrate The Historic US Supreme Court’s Verdict Which Ended The Immunity of the IFIs March 31, 2019, Mundra: The air in Mundra filled with the slogans like Kaun Banata Hai Hindustan, Machuawara, Majdoor, Kisan! (Who makes India? Fishermen, Labourer and Farmers); Ladenge Jeetenge! (We shall fight, we shall win); Aadiwaasi Machhuawara …
Ulka Mahajan on the Context of the Role of IFIs in the Development Agenda
Jesu Rathnam, Convenor, Coastal Action Network, on the coastal infrastructure and fishers struggle in India
By Tani Alex For those closely looking at the trajectories of IFIs, especially the current trends of the New Development Bank (NDB) or the BRICS Bank, well, it’s all pancakes and fritters with news of NDB and BRICS Xiamen Summit all around. The Bank, with 11 projects of over $1.5 billion already in their sack …
~ Maju Varghese 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 to a borrower for an unused or un-disbursed loan since it has set aside the funds for the …
Continue reading India paid over 600 crores between 2009-2015 to the IFIs for not using their loans
Netindia123.com: Medha Patkar demands more transparency in ADB projects (May 9, 2017) Webindia123.com: Medha Patkar demands more transparency in ADB projects (May 9, 2017) The Statesman: Call for nationwide protests against ADB's projects in India (May 8, 2017) Business Standard: Medha Patkar demands more transparency in ADB projects (May 8, 2017) Eenadu: Medha Patkar demands more transparency in ADB …
(May 8, 2017) New Delhi: People across India united to resist anti-people policies of ADB and other IFIs English हिंदी (May 7, 2017) Bhubaneswar: English ଓଡ଼ିଆ ଭାଷା (07 May 2017) Jhabua: Protest in …
Working Group on IFIs 