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Home Finance and Development |
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Finance and Development
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ADB Kerala urban loan conditionalities: Fact or Fiction? |
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Tuesday, 26 December 2006 |
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By Benny Kuruvilla, Focus on the Global South, India December 2006
On December 9, 2006 Inderjit Singh, Kerala's Resident Commissioner in New Delhi and Tadashi Kondo, India Country Director of the Asian Development Bank (ADB) inked an agreement sanctioning a loan of $221.2 million (Rupees 995 crores1) for the Kerala Sustainable Urban Development Project (KSUDP)
The total cost of the KSUDP is $ 316.1 million (Rupees 1422 crores). The Government of Kerala will contribute $ 59.8 million (Rupees 269 crores) and 5 municipal corporations, (Kochi, Kollam, Kozhikode, Thiruvanathapuram and Thrissur) where much of the money will be spent, will contribute $ 35.1 million (158 crores).
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Singapore Government deports Indian activist and 22 others. |
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Thursday, 14 September 2006 |
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PRESS RELEASE:
14 September 2006, Mumbai
Singapore Government deports Indian activist and 22 others.
World Bank/IMF Annual Meeting mired in controversy
The Singapore Government yesterday (13 September 06) deported Wilfred D’Costa and 22 others, who were in Singapore to attend the joint Annual Meeting of the World Bank and International Monetary Fund (September 13-19). D’Costa is the General Secretary of Indian Social Action Forum (INSAF), which is a network of over 600 member organizations across India that works to ‘resist globalisation, combat communalism and defend democracy’. He is based in Ahmedabad. More than 16,000 delegates are expected to attend the week-long meetings in the island state. Singapore has already received considerable bad press for prohibiting protests and refusing to grant entry to some 28 activists whom the World Bank and IMF had accredited to attend the civil society events surrounding the annual meeting. |
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CALL FOR THE BOYCOTT OF WORLD BANK-IMF ANNUAL MEETINGS |
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Wednesday, 13 September 2006 |
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September, 2006
We the undersigned representatives
from civil society organisations and social movements call for a boycott of the
official programme at the World Bank and IMF 2006 annual meetings in Singapore.
In order to stifle dissent and any possible protests at the IMF-World Bank
Annual Meetings, the Singapore Government has resorted to draconian security
measures. These include the Singapore Government's statement in January that
protesters at the IMF and World Bank meetings would be caned, and the special
surveillance measures in public and private spaces that the government has put
in place specifically for the Annual Meetings.
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Letter of Protest to Government of India on Singapore Government violation of human rights |
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Wednesday, 13 September 2006 |
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September 11, 2006
Mr. Anand Sharma and Mr. E Ahamed
Ministers of State for External Affairs
Shastri Bhavan,
New Delhi
Subject: Human
Rights violation by Singapore Government.
Dear Minister Anand Sharma and Minister E Ahamed:
I am an Indian citizen working
with a non-governmental policy research organization called Focus on the Global
South (Focus). Focus has offices in
Mumbai, Bangkok and Manila, and our main area of work is research and
publications on development policy. I
am a senior researcher with Focus and I coordinate the organisation’s work on
finance and development issues.
I had applied for and received accreditation
from the World Bank to attend the World Bank – International Monetary Fund
(IMF) Annual Meetings that will be held from September 19-20. Based on the accreditation, I was also
granted a visa to enter Singapore.
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People’s Memorandum on Special Economic Zones in India |
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Wednesday, 13 September 2006 |
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To,
Subject- Demand to re-consider and repeal
the Special Economic Zone (SEZ) Act 2005
Sir/Madam,
In 2005, under the aegis of the
Ministry of Commerce and Industry, The Special Economic Zones Act 2005, was
enacted which involves the creation of foreign enclaves reserved especially for
all types of export processing units and industries. This letter is to draw
your attention to the fact that the Special Economic Zones (SEZs) and the land
acquisition processes for SEZs have been causing widespread discontent among
the farmers and common people all over India.
Since 2005, 267 SEZs have been
approved by the Commerce Ministry. Out of this 41 SEZs have been approved in
Maharashtra alone. Past few months have seen great resistance to the land
acquisition processes for SEZs in Dadri in U.P., Pen, Uran, Rajgurunagar and
Karla in Maharashtra. The State repression of resistance and people's demands
with the help of police and the corporate powers has increased the frustration,
anger, and increased their suspicion about the state machinery as the agent of
the corporates. This has shaken the faith of people in the democratic state.
The people consider the whole process of SEZs as an affront to the Constitution
of this country.
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Job Vacancy in Focus India |
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Focus India is looking for a Researcher on Urban Development Please click here for details on the vacancy and application procedure Deadline for application: 11th January 2008 |
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INTERNSHIP OPENING AT FOCUS ON THE GLOBAL SOUTH, INDIA |
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