US Supreme Court allows Indian farmers to take legal action against IFC | Editorji
  1. home
  2. > business
  3. > US Supreme Court allows Indian farmers to take legal action against IFC
prev icon/Assets/images/svg/play_white.svgnext button of playermute button of playermaximize icon
mute icontap to unmute
video play icon
00:00/00:00
prev iconplay paus iconnext iconmute iconmaximize icon
close_white icon

US Supreme Court allows Indian farmers to take legal action against IFC

Feb 28, 2019 15:19 IST

The United States Supreme Court revived a lawsuit filed by farmers and fishermen in Gujarat that revokes the immunity of International Finance Corp or IFC . The villagers had filed a lawsuit seeking to hold the World Bank arm responsible for abetting environmental damage by helping the Tata Group with 450 million dollars to build a power plant. The IFC loans included provisions that certain environmental standards are met- but the villagers argued that the plant destroyed their ecology and marine life.

Business