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People Vow to Resist Attempt to Usurp Natural Resources & Livelihood in the Name of Development
Peoples’ Convention on Infrastructure Financing Challenges AIIB’s Reckless Lending: People Vow to Resist Attempt to Usurp Natural Resources & Livelihood in the Name of Development
Around 90 CSOs and Social Movements to Organize Thematic Workshops Parallel to AIIB’s Third AGM in Mumbai
Press Note | June 14, 2018
Around 90 CSOs and Social Movements to Organize Thematic Workshops Parallel to AIIB’s Third AGM in Mumbai
Raising the serious issues of social and environmental costs in infrastructure projects, its economic burden on public and financial non-viability, Civil Society Organisations and social movements are set to organize a three day convention on Infrastructure Financing from June 21 – 23rd in Mumbai parallel to the Asia Infrastructure Investment Bank’s third Annual Governors Meeting slated for June 25-26 in the same city.
During the Convention, almost 90 regional, national, and international grassroots and research organisations have come together to organise 20 workshops related to Infrastructure Financing; Development Financial Institutions; Policies and Safeguards; Urban Development; Transport; Port and Coastal Infrastructure; Energy and Energy Finance; Trade and International Financing; Water and Water Sector Reforms; Privatisation and PPPs, Gender; Social Marginalisation among other areas.
“The participants of these workshops would include activists, researchers, projected affected people among others. So far, over 200 people from across the country have registered for these workshops. The Convention will be attended by Prof. Arun Kumar, Medha Patkar, Prof. Anil Sadgopal, Ulka Mahajan among others. The registrations for the workshops are still open for the individuals and media,” said Himshi Singh, one of the coordinators of the Convention.
Speaking about the Peoples Convention on Infrastructure Financing, Maju Varghese, another coordinator of the Convention, said, “the Convention is a resistance to International Finance Institutions, which are pushing massive infrastructures like industrial corridors, smart cities, sagarmala, bullet trains over peoples land and livelihood. The massive physical infrastructure will not improve peoples lives, livelihood, and social infrastructure like schools, hospitals will be left behind.”
Deliberating on this, Ulka Mahajan of Sarvahara Jan Andolan says, “The infrastructure that is being developed is not what people demand, but it is what global capital demands. The international financial institutions are promoting corporate interests over that of people and also pushing the states to the financial debt. On the one hand, the Maharashtra government does not have money to allocate 26,000 crores for the social sector, on the other hand, it has 42,000 crores for the Mumbai-Nagpur expressway, which will reduce the present distance only by 24 km.”
The Peoples Convention intends to demand accountability from the development financial institutions, particularly AIIB which lacks robust policies on environmental-social safeguards, transparent public disclosure and a complaint handling mechanism.
Meera Sanghamitra from the National Alliance of People’s Movements stated that The push for massive infrastructure projects has become a legalised way of grabbing land. Andhra Pradesh has a history of justifying land grabbing and resource appropriation in the name of multilateral donor-funded development aid and the WB-AIIB funded Amaravati Capital City Project joins this bandwagon by further legalizing the loot, leading to livelihood loss for thousands of families and a shared debt on all people of the state. Projects like Sagarmala, industrial corridors that are being pushed and promoted without considering the irreversible impact on the people’s traditional livelihoods and the environment are disasters-in-the-making.
The movements and CSOs will hold the Convention under the aegis of Working Group on International Financial Institutions (WGonIFIs), which include around 90 people’s movements and other CSOs, including National Alliance of People’s Movements, National Hawkers Federation, National Fishworkers Forum, Narmada Bachao Andolan, Ghar Bachao Ghar Bano Andolan, Soshit Jan Andolan, Samajwadi Jan Parishad, Bhumi Adhikar Andolan; Environment Support Group; North East Peoples Alliance, and others.
Background:
Asian Infrastructure Investment Bank, the two-year-old multilateral bank, is investing in all major sectors, including energy, without robust policies on environmental-social safeguards, transparent public disclosure and an accountability/complaint handling mechanism. Out of the total 24 projects, it has financed, USD 4.4 billion has already been approved. India is the biggest recipient from AIIB with more than 1.2 billion USD supporting about six projects including Transmission lines, Capital City Development at Amravati, rural roads etc. with another 1 billion USD in proposed projects.
About Us:
WGonIFIs, a network of movements, organisations and individuals to critically look at and evaluate the policies, programmes and investments of various International Finance Institutions (IFIs), and joining the celebration of the people and communities across the world in resisting them. A list of the network is available here.
Last year, when the Asian Development Bank completed 50 years, the WGonIFIs observed it by holding actions of protests in over 140 locations spread in over 21 states in India against the investment policies of ADB and other International Financial Institutions.
For further details, please contact:
Working Group on IFIs wgonifis@gmail.com
Website: https://wgonifis.net
Concept Note: https://wgonifis.net/2018/04/29/peoples-convention-on-infrastructure-financing-concept-note/
Schedule of the workshops: https://wgonifis.net/2018/06/11/schedule-of-the-workshops-at-the-peoples-convention-on-infrastructure-financing/
Registration for the workshops: https://wgonifis.net/aiib-peoples-convention/
AIIB – A Sneak Peek into Challenges: https://wgonifis.files.wordpress.com/2018/06/aiib-a-sneak-peek-into-challanges.pdf
Infrastructure and AIIB, the new Infra Bank: https://wgonifis.files.wordpress.com/2018/05/aiib-infrastructure-booklet_may25.pdf
Maju Varghese |8826249887
Mecanzy Dabre | 9665006429
Himshi Singh | 9867348307
Media contacts:
Shweta Tambe: +91 98693 40816
Anil Tharayath: +91 96500 15257
Schedule of the Workshops at the Peoples’ Convention on Infrastructure Financing

Bullet Train: Propelling Public Debt in India
Krishnakant of the Paryavaran Suraksha Samiti, Gujarat on the rationale of the proposed bullet train between Mumbai and Ahmedabad.
The Role of IFIs in the Development Agenda
Ulka Mahajan on the Context of the Role of IFIs in the Development Agenda
PPPs, Infrastructure, and Economic Development
Shalmali Guttal, Focus on the Global South, discusses the IFIs, PPPs, Infrastructure, and Economic Development.
विकास किसके लिए ?आम जनता के लिए या पूंजीपतियों के लिए
एशियन इंफ्रास्ट्रक्चर इन्वेस्टमेंट बैंक (AIIB), अब दुनिया की सबसे मजबूत और शक्तिशाली वित्तीय संस्था बन गई है । हाल में ही इसी वर्ष AIIB ने भारत में इंफ्रास्ट्रक्चर योजनाओं के लिए 1.5 बिलियन डॉलर निवेश करने के लिए प्रतिबद्ध हुई है । इसका निश्चित तौर भारत की विकास योजनाओं के शेप और उसकी प्रकृति में एक गहरा प्रभाव होगा ।
Coastal Infrastructure and Fishers Struggle in India
Jesu Rathnam, Convenor, Coastal Action Network, on the coastal infrastructure and fishers struggle in India
Seminar on the Role of Infrastructure Finance and Newer Development Banks
Seminar on the Role of Infrastructure Finance and Newer Development Banks
for
Peoples’ Convention on Infrastructure Financing
A peoples’ response to AIIB’s Annual Meeting
Invitation
A seminar is being organised on the Role of Infrastructure Finance and Newer Development Banks on the 7th of June at Gandhi Peace Foundation at 2:00PM. The seminar is being organised by the Delhi chapter of the Working Groups on International Financial Institutions. It will be a build-up to the larger People’s Convention of Infrastructure Financing that is being organised in Mumbai (21st-23rd June) as a counter to Asia Infrastructure Investment Bank’s 3rd Annual Meeting (25th-26th June).
As the youngest multilateral development bank on the bloc, AIIB will be using its meeting to project itself as a complementary entity to the already established developmental institutions rather than as a competitor. Civil Society cannot let this Annual Meeting happen without raising critical concerns about a growth-led development that AIIB purports to prioritize. The People’s Convention on Infrastructure Financing is a window of opportunity for peoples’ movements to disrupt AIIB’s alleged priorities by holding them accountable, transparent, and responsible with their investments.
The People’s Convention will bring together groups and affected communities from across the country to discuss their vision of development. The Convention will also share stories of resistance and alternate visions on development along with demanding constitutional guarantees regarding meaningful and informed consultations and rights of communities in planning and development. Various workshops will be held on urban development, transportation, coastal protection and coastal communities, sustainable energy and equity, against privatization along with groups monitoring financial institutions and their policies and projects in the country.
The seminar in Delhi hopes to address, discuss, debate various issues related to the infrastructure financing and the role of international financial institutions. The following are the themes that the talk will cover:
- Role of IFIs with a focus on the New Development Banks
- Geopolitics influences international financing.
- Questions around Infrastructure finance
Venue: Gandhi Peace Foundation, Pragati Maidan, New Delhi-110001.
Time: 2:00PM
The seminar will be addressed by:
- Soumya Dutta (PAIRVI)
- Sridhar Ramamurthy (ENVIRONICS)
- Rajendra Ravi (NAPM).
IFIs, Infrastructure, and Commons
Soumya Dutta, Beyond Copenhagen Collective and PAIRVI, linking IFIs, their push for Infrastructure, and impact on commons.