Latest in
Blog
May 21, 2019
Who is benefitting from the Mumbai-Ahmedabad Bullet Train Project?
The information available in public domain is that JICA is financing the Mumbai-Ahmedabad Bullet Train Project by lending 88 thousand crore rupees at an interest rate of 0.1%. Payback period is 50 years with a moratorium of 15 years. The claim is that loan is free and Japan is behaving like a close ...
Article
September 7, 2019
US Supreme Court Ends Immunity of The World Bank Group
In a historic 7-1 decision, the U.S. Supreme Court decided today in Jam v. International Finance Corporation (IFC) that international organizations like the World Bank Group can be sued in U.S. courts. The Court’s decision marks a defining moment for the IFC – the arm of the World Bank Group that le...
Article