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Tata Mundra: Nobel laureate, others ask US apex court to drop immunity to World Bank

-Counterview.net Economic, legal, diplomatic and civil society experts – including Joseph Stiglitz, a Nobel Prize-winning economist, and former Vice President and Chief Economist of the World Bank – have urged the United States Supreme Court to go back to the case Budha Ismail Jam, et al v. IFC , (Tata Mundra case) concerning immunity from the suit for the World Bank Group and foreign nations. They said, the immunity decision in the...

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Through A Wider Lens -Rajni Bakshi

-The Indian Express AIIB meeting presents an opportunity to redefine the parameters of development. Budha Ismail Jam, a fisherman from Kutch, will be unknown to most delegates at the Asian Infrastructure Investment Bank’s (AIIB) annual meeting being held in Mumbai on June 25-26. Yet, Jam’s story has far-reaching implications if infrastructure projects are to be more focused on the well-being of people rather than the profit margins of investors. The third annual meeting...

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Rural India in US top court

-The Telegraph Washington: The Supreme Court of America on Monday agreed to consider reviving a lawsuit by Indian villagers seeking to hold a Washington-based international financial institution responsible for widespread environmental damage they blame on a power plant it financed. The justices will hear an appeal by the villagers of a lower court ruling that the International Finance Corp (IFC) was immune from such lawsuits under federal law. IFC, part of the World...

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World Bank Facing Legal Action for Destroying Fishermen's Livelihoods in Gujarat -Vivan Eyben

-Newsclick.in Despite providing capital for an economically and socially disastrous project, World Bank’s International Financial Corporation has claimed immunity from legal action. A fishing community in Kutch, Gujarat, has moved several courts in the United States seeking damages from the International Financial Corporation (IFC). The IFC is the private investment lending arm of the World Bank Group, and is hiding from legal action behind an immunity law. The claims were dismissed by the...

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Women take solar lights to the fields -Tanushree Gangopadhyay

-CivilSocietyOnline.com Ahmedabad: For nearly two years, the mosque in a village in Kashmir would be enveloped in darkness when the sun dipped. It had no electricity. A woman equipped with the requisite training from the Self Employed Women’s Association (SEWA) offered to light up the mosque with solar lights. But the men would not allow it. Lighting up the mosque is not a woman’s job, they said. After much persuasion, the maulvi...

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