The toll of structural adjustments on the global South and a case for accountability
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Summary
In the 1980s, IMF and World Bank put conditions on financing the global South. Decades later, many countries in the regions struggle with weak public health systems and high levels of poverty. The institutions owe reparations for the damage caused, a new paper argues.
Key Facts
Type Research
Source The Hindu - Business
Published Tuesday, 12 May 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Health budget: Rs 90,958 crore (2025-26)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right