Sambhaavna, Programme for Social Action(PSA), Delhi Forum and Bank Information Center Trust jointly organised a Workshop on Finance from 23-25 August, 2013 at Sambhavana, Palampur.

The workshop was participated by 34 activists from 10 states, and provided an opportunity for participants to understand how development financing works and opportunities for citizens to influence them.

The context of the workshop was the lack of consorted awareness or (and hence) monitoring of project financiers who invest in project with serious social and environmental impacts, but are rarely pulled up for their complicity in the impacts.

Consider this: World Bank, Asian Development Bank and OECD countries alone have invested over Rs. 2.5 lakh crore in India in the last 5 years. While some part of this would be on policy work (which will also have huge impacts on projects) majority of them are direct project lending.

To Continue reading and download the full report Click here