Dubious nature of World Bank (WB) functioning is an open secret, many of their policy suggestion have played havoc on poorer and vulnerable societies. Allegations of WB working for corporate interests (specifically American) at the expense of local population around the world are not unfounded we have many examples of it. Infact it wouldn’t be wrong to say that they function to further these. The ridiculous nature of their suggestions can be understood from the following instance. The World Development Report 2009 brought out by WB has found National Rural Employment Guarantee (NREGA) a “policy barrier hurting economic development and poverty alleviation”. T
ry beating that one!!. While most people in this country are celebrating these stupendous policies and millions have benefited- the opportunity to earn in dignified manner, nice people at WB have started to wag for the masters. WB says this policy creates “barriers to internal mobility” and quite amazingly comes out with the unbelievable concoction that “lifting people out of poverty requires shifting populations from villages to cities”. It’s common knowledge that poor people get further marginalized when they land up in big cities and easily fall prey to exploitations, poor migrants go through hell. Brilliant people at WB though think otherwise and have this advice “negative attitudes held by government and ignorance of the benefits of population mobility has caused migration to be overlooked as a force in economic development”. Incredible!!. Truly incredible. Actually what they are saying is “goddamn @&@**##@ how are we going to get cheap labor now, what will we do without the exploitable people?. Geez that is less @%@#@$profit”.
ry beating that one!!. While most people in this country are celebrating these stupendous policies and millions have benefited- the opportunity to earn in dignified manner, nice people at WB have started to wag for the masters. WB says this policy creates “barriers to internal mobility” and quite amazingly comes out with the unbelievable concoction that “lifting people out of poverty requires shifting populations from villages to cities”. It’s common knowledge that poor people get further marginalized when they land up in big cities and easily fall prey to exploitations, poor migrants go through hell. Brilliant people at WB though think otherwise and have this advice “negative attitudes held by government and ignorance of the benefits of population mobility has caused migration to be overlooked as a force in economic development”. Incredible!!. Truly incredible. Actually what they are saying is “goddamn @&@**##@ how are we going to get cheap labor now, what will we do without the exploitable people?. Geez that is less @%@#@$profit”.NREGA is targeted at poorest and mostly unskilled and semi skilled labors in rural India and has helped them avoid hunger and distress migration. The need of the hour is to strengthen schemes like NREGA and reduce corruption prevalent in the scheme (RTI has been a help). It is also the time to question the role of international institutions like World Bank. The above picture is that of presiding deity at World Bank.
