Findings Of The Jury: IPT On The World Bank In India

This Tribunal focused upon the actions of the World Bank Group because it is the most active and influential of the International Financial Institutes (IFIs) in India. The Tribunal attempted to expose the nature and degree of coordination between the World Bank Group and other IFIs, as they often act in concert. This was the first people’s Tribunal of its kind nationally and internationally which looked at the:
1. Sectoral as well as regional impact of the World Bank projects in India; especially on vulnerable communities, including women, children, dalits, minorities, adivasis, workers, fisher folk, and farmers
2. Impact of World Bank loan conditionalities on the sovereignty and democratic processes of the country
3. “Revolving door” which links the World Bank, government agencies and consultants
4. Influence of the Bank emanating from its role as a knowledge provider
5. Extent of the World Bank’s involvement in India’s policymaking and legislations
6. And the resultant financial indebtedness and loan conditionalities’ effects on social sectors (food, water, health and education), particularly in terms of poverty alleviation and reduction of inequality
The Tribunal undertook a broad-spectrum enquiry into almost all the areas of World Bank engagement. Groups presented evidence regarding the impacts of the World Bank within sectors such as water, health, education, agriculture, urban development, and the environment. State-wise depositions were presented where the Bank has directed structural adjustment programmes, such as Andhra Pradesh and Karnataka.


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