People's Tribunal slams Bank's record in India

News|Bretton Woods Project|27 November 2008|update 63|url
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September's jury verdict of the Independent People's Tribunal on the World Bank in India found that the Bank has "caused grievous and irreversible damage to those they intend to serve." Established to provide an unbiased forum for people affected by World Bank funded or promoted projects and policies, the Tribunal heard testimonies from affected people, experts and academics from across India in 2007. The jury findings identified that although the Bank legitimises its action through its self-proclaimed mandate of poverty reduction and development, in reality the Bank's actions exclude the poor, and even worsen their situation. The World Bank Delhi office declined an invitation to take part.

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Published: 27 November 2008 , last edited: 27 November 2008

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