Accusations emerged in late July that the World Bank had pressured the Indian government to select Price Waterhouse Coopers (PwC) for advisory work undertaken as part of the Delhi Water Sector Project. Indian anti-corruption group Parivartan used national freedom of information laws to gain access to the correspondence between the Delhi Jal Board, which oversees water supply in the Indian capital, and World Bank officials. World Bank country director for India Michael Carter said “the insinuation that the Bank attempted to favour PwC is completely unfounded.”
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
While the World Development Report (WDR) 2018 on education has some redeeming features, it is part of the Bank's longstanding very narrow view of education, and is silent on education financing.
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