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Asian Development Bank
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January 25, 2025
CFA Admin
Response to the Cost and Benefit Analysis of the Asian Development Bank Accountability Mechanism by the Asian Development Bank 
At the very outset, we would like to appreciate ADB in doing this analysis and sharing the information publicly. The costs We are astonished by the fact that $5 mn (2023 prices) was spent on the project since the complaint was filed with CRP until it was closed prematurely in 2018. The expenses l...
Article
July 14, 2021
Gaurav Dwivedi
Infrastructure Projects in India: The Landscape of Financiers
This mapping document looks at infrastructure sector in India, its basic concepts, estimates by the Government of India, the World Bank (WB), Asian Development Bank (ADB), International Finance Corporation (IFC), Asian Infrastructure Investment Bank (AIIB) and others regarding the funds require...
Article
January 23, 2020
Tani Alex
Snippets from the World of International Finance
Government prepares  for more reforms to ensure India comes in the top 50 in ease of doing business rankings India currently occupies 63rd position in the rankings of the World Bank in doing business. Moving ahead 14 positions from 2018, it has been ranked among the top ten improvers in the last thr...
Article
December 11, 2019
Anuradha Munshi
Tata Mundra Ultra Mega Power Project: A decade of disemPOWERing communities
Almost a decade after the construction for the Tata Mundra Ultra Mega Power Project and eight years since the operations of the project started, a revisit to Mundra tells the story of the destruction of livelihoods, environment and disempowered communities. The project was envisaged as India’s first...
Article
December 8, 2019
Tani Alex
Snippets from the World of International Finance
IFC’s Opportunistic $ 24.7 trillion Global Green Investment Plan Adding to the global narrative on low-carbon investments, World Bank Groups’ private lending arm International Finance Corporation’s recent report – Green Buildings: A Finance and Policy Blueprint for Emerging Markets – say...
Article
February 13, 2026
Gaurav Dwivedi
Booklet: Smart Cities Mission in India: Footprints of IFIs
This booklet is a first in a series that looks to provide an overview of the smart cities at a conceptual level, smart cities mission in India, development of smart cities globally, the role of International Financial Institutions (IFIs) and bilateral agencies in promoting smart city projects in var...
Article
March 1, 2019
Ankit Agrawal
ADB was the Biggest Lender to India in 2018
As per the Early Warning System, which collects and verify information about the proposed and existing projects, India, in 2018, had 112 active or proposed projects funded by Development Finance Institutions (DFIs). These institutions included Asian Development Bank (ADB); Asian Infrastructure Inves...
Article
May 15, 2019
Elizabeth Summers
Case Study: Why are the Farmers of a Power-Surplus State Like Tamil Nadu Resisiting High Tension Lines and Towers?
The Transmission System Strengthening Project is a project to expand the interstate transmission network in western and southern India. The project, partly funded by ADB and AIIB (as co-financer) along with the Power Grid Corporation of India Limited, has serious environmental and social consequence...
Article
June 24, 2018
CFA Admin
Development must not Happen at the Cost of Constitutional Rights
Mumbai, June 23: “The so-called ‘development’ must not come at the cost of constitutional rights,” said prominent activist and Goldman Environment Awardee Prafulla Samantra at the press conference, which was organised on the last day of the three-day Peoples’ Convention on Infrastructur...
Article
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Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns. 

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