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April 3, 2006

World Bank Inspection Panel Halts Mumbai Project

Maharashtra action plan okayed

MUMBAI (The Hindu) - The World Bank's Board of Executive Directors that met in Washington recently accepted the Action Plan - drawn up by the Government of Maharashtra and the World Bank's country office - to address shortcomings in implementation of the Bank's resettlement and rehabilitation policy in the $945 million Mumbai Urban Transport Project (MUTP). A month ago, a part of the loan agreement had been suspended following a critical report by the Bank's Independent Inspection Panel.

The panel had visited Mumbai in response to four petitions sent to it by groups representing shopkeepers...

Full Story...

Posted by rjorr at April 3, 2006 11:12 AM