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November 20, 2017
Recapitalisation is an opportunity for banks to make better environmental and social investments
Indian banks should have safeguard policies of the kind followed by international financial institutions. Despite the crisis in several parts of India following demonetisation, which sucked out 86% of the currency in circulation overnight, one of its obvious outcomes is the recapitalisation of banks...
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January 23, 2018
Immunity to International Finance Corporation Dilutes the Right of Indians to Seek Justice
The International Finance Corporation has funded projects in India that have caused large scale violation of environmental and social laws. In a recent move, India has extended the United Nations (Privileges and Immunities) Act, 1947 (46 of 1947), which confers legal immunity akin to the kind enjoye...
Article
November 20, 2017
Change the Product Not the Marketing Strategy
IMF research department came out with an article “Neoliberalism: oversold” in Finance and Development a quarterly magazine published quarterly by IMF. The article says while the neoliberal agenda has rescued millions from poverty, the policies have not delivered as expected. It further says that the...
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