People’s BRICS summit decries unfulfilled promise of alternative world order

Over 200 delegates from people’s movements, trade unions, farmers’ organisations, political parties, student movements and civil society organisations gathered in New Delhi on 21–22 August for the People’s BRICS Summit, formally titled the Public Dialogue Forum: Global South Cooperation & Alternatives. The two-day event, featuring deliberations across 10 workshops, culminated in a resolution calling on BRICS nations …

Continue reading People’s BRICS summit decries unfulfilled promise of alternative world order

People’s BRICS Delhi Declaration

As India hosts the BRICS Summit in 2026, we, the people of one of BRICS’s founding countries, call on BRICS members to forge a development model based on solidarity, dignity, participatory democracy, and respect for human rights and the environment. The emergence of BRICS in 2009 signalled hope and much needed possibilities for South-South cooperation, …

Continue reading People’s BRICS Delhi Declaration

Call for Volunteers: Independent People’s Tribunal Research Support

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

Sucheta Dalal on the Growing Crisis in the Indian Banking Sector

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

इंफ़्रास्ट्रक्चर निवेश: विकास या विनाश

एशियन इंफ़्रास्ट्रक्चर इन्वेस्टमेंट बैंक और भारत का नेशनल इन्वेस्टमेंट एंड इंफ़्रास्ट्रक्चर फ़ंड के निवेश संकट की और एक इशारा

Big Push for the Development of Hydropower in India

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.

Smart Cities and International Financial Institutions

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.

Press Release:People’s Movements Determined to challenge the unbridled expansion of infrastructure financing by international financial institutions

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 …

Continue reading Press Release:People’s Movements Determined to challenge the unbridled expansion of infrastructure financing by international financial institutions

India’s Investments Abroad: How Accountable Are We!

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!