Letter to the WB on Amaravati Case of Inspection Panel

Statement November 27, 2017 Letter to the WB on Amaravati Case of Inspection Panel  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 World Bank Group to draw your urgent attention to a few critical …

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IMF and World Bank: Marching to a G20 Tune?

By Nancy Alexander This year, the G20 Finance Ministers and Central Bank Governors’ Meeting on October 12-13 overlapped with the IMF-World Bank annual meeting on October 13-15 in Washington, DC. As of December 1, 2017, Argentina becomes G20 President with the past and future Presidents (Germany and Japan, respectively) as part of the G20 Troika.  …

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Budget Session of Parliament: An Overview

By Maju Varghese The Constitution of India has accorded the Parliament the supremacy among the three organs of the Union government viz legislature, executive, and judiciary. Parliament not only makes the laws but also enables the citizens to participate in controlling the government. The Parliament applies various oversight mechanisms to ensure transparency and accountability in …

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A first-hand​ report from the AIIB’s Second Annual Board of Governors Meeting at Jeju

By Anuradha Munshi Asia Infrastructure Investment Bank (AIIB) recently concluded its Second Annual Board of Governors’ meeting in Jeju, South Korea.  The three-day-long meeting, during June 16-18, 2017, saw the participation of Board of Governors, representatives from the finance ministry of various countries, banking industry, corporates, and civil society organisations. The three days also provided …

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What is New with the New Development Bank?

By Joe Athialy After the storm of demonetisation, which unsettled the economy back home, India is hosting the 2nd annual meeting of New Development Bank (NDB) from March 31 – April 2, 2017. NDB is the financial arm of BRICS – a grouping of emerging economies Brazil, Russia, India, China and South Africa, formed in …

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