World Bank & International Finance: Legacy, Lessons & Current Struggles

World Without World Bank  Date: 21st April, 2022 Venue: Seminar Hall II, Kamla Devi Complex, India International Centre, New Delhi Theme: World Bank & International Finance: Legacy, Lessons & Current Struggles Register to attend: https://forms.gle/AfGiUHjVjZCXgGGz8 Introduction The World Bank and IMF are having their Spring Meetings virtually from the 22nd to 24th of April, 2022 …

Continue reading World Bank & International Finance: Legacy, Lessons & Current Struggles

AIIB’s review of their Environmental and Social Framework

Indian groups submit recommendations for AIIB’s review of their Environmental and Social Framework The Asian Infrastructure Investment Bank (AIIB), after four years of its operations, is undertaking a review of its environmental and social framework. 30 Indian Civil Society Organizations submitted their recommendations and concerns regarding the process of review and it’s content and scope. …

Continue reading AIIB’s review of their Environmental and Social Framework

Procedures for World Bank’s new accountability mechanism lacks transparency and inclusivity In a press release issued early last week, the World Bank has announced that the review of its independent accountability mechanism, the Inspection Panel, has been completed and that a few major reforms were added to the Inspection Panel. Accordingly, a new accountability mechanism – an …

Continue reading

Villagers Celebrate The Historic US Supreme Court’s Verdict Which Ended The Immunity of the IFIs

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 …

Continue reading Villagers Celebrate The Historic US Supreme Court’s Verdict Which Ended The Immunity of the IFIs

भारत में जलविद्युत विकास को बड़े पैमाने पर बढ़ावा

इस सेक्टर में निजी क्षत्रे को आकर्षित करने के लिए सरकार ने 2016 में इस पर चर्चा शुरू की कि नवीकरणीय ऊर्जा के क्षत्रे को और विस्तृत किया जाए ताकि 25 मेगावाट क्षमता से अधिक के जलविद्युत स्टेशन भी उसमें शामिल किए जा सके। इससे सरकार को 2022 तक 175 मेगावाट नवीकरणीय ऊर्जा उत्पादित करने …

Continue reading भारत में जलविद्युत विकास को बड़े पैमाने पर बढ़ावा

CSOs Call for Accountability and Disclosure from AIIB on its FI Investments

By Tani Alex Representatives from civil society organizations from all over the world have written a letter this week to the AIIB, drawing urgent attention to rising concerns of AIIB’s investments through Financial Intermediaries (FIs). This is in context of AIIB developing its strategy to invest more in equity and funds, without formulating robust policies and …

Continue reading CSOs Call for Accountability and Disclosure from AIIB on its FI Investments

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.  …

Continue reading IMF and World Bank: Marching to a G20 Tune?

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 …

Continue reading Budget Session of Parliament: An Overview