We're looking for six research volunteers to join our team in preparing resource materials for the Independent People’s Tribunal on World Bank/IMF @ 80 for a period of one month. Volunteers will support our research team by working closely with prosecutors and disposers to develop resource materials for the Tribunal on themes related to the …
Continue reading Call for Volunteers: Independent People’s Tribunal Research Support
Financial analyst and journalist Sucheta Dalal said that the Indian banking system is at the verge of crisis, reeling under the mounting bad loans, caused by unfettered corporate loans. Referring to government’s announcement in the Parliament that Rs. 2.4 lakh crore bad loans are written off, she said that “ if farm loan waiver was …
Continue reading Sucheta Dalal on the Growing Crisis in the Indian Banking Sector
एशियन इंफ़्रास्ट्रक्चर इन्वेस्टमेंट बैंक और भारत का नेशनल इन्वेस्टमेंट एंड इंफ़्रास्ट्रक्चर फ़ंड के निवेश संकट की और एक इशारा
It is noteworthy that currently, coal-based power projects are under threat due to lack of coal linkages and power purchase agreements, thus stalling many existing power projects and discouraging many companies from expanding to new coal power projects. This would give a boost to hydropower projects in many regions, especially in the Himalayan regions.
At the Kharghar meeting on IFIs in India, Civil Society researchers discussed Understanding IFIS - Investments, intelligence and trends in critical sectors.
Overlap of Issues on Key Sectors in relations with International Financial Institutions. Smart Cities project will make pockets of the cities exclusive zones high-cost zones, which will again result in the marginalised being excluded into dense low-grade services area.
Chennai: June 4, 2018 • Peoples Movements & CSOs to organise Peoples’ Convention on infrastructure financing coinciding the 3rd Annual Governors Meeting of Asian Infrastructure Investment Bank (AIIB) in Mumbai • Determined to challenge the unbridled expansion of infrastructure financing by international financial institutions Posing a challenge to the rapid expansion plans of international financial …
By Joe Athialy and Monalisa Barman For Indian corporations, the grass seems to be getting greener the other side. Investments and acquisitions abroad have been the hallmark of Indian corporations the past decade and a half. While acquisitions of Jaguar Cars and Land Rover & Corus in the UK, Kashagan Oilfields in Kazaksthan, Port Terminals in …
Continue reading India’s Investments Abroad: How Accountable Are We!
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 …
~ Joe Athialy With Subhash Chandra Garg assuming charge as secretary of the Department of Economic Affairs (DEA) in the Finance Ministry, the position of the Indian Executive Director (ED) at the World Bank has fallen vacant. The 1983-batch IAS officer of Rajasthan cadre, Garg was the ED at the World Bank from Nov 2014 until June 2017. …
Continue reading Appointment of a new Indian ED at the World Bank raises a few questions
Working Group on IFIs 