Editing PwC (section)

===Water privatisation in Delhi===
PwC was found to be unethically favored by the [[World Bank]] in a bid to privatize the water distribution system of Delhi, India, an effort that was alleged as corrupt by investigators.<ref name="MoneyLife">{{cite web|title=RTI expose of how World Bank had arm-twisted Delhi Jal Board for water privatisation|url=http://www.moneylife.in/article/rti-expose-of-how-world-bank-had-arm-twisted-delhi-jal-board-for-water-privatisation/23217.html|work=Moneylife|access-date=25 December 2012|archive-date=6 January 2023|archive-url=https://web.archive.org/web/20230106222105/https://www.moneylife.in/article/rti-expose-of-how-world-bank-had-arm-twisted-delhi-jal-board-for-water-privatisation/23217.html|url-status=live}}</ref> When bidding took place, PwC repeatedly failed in each round, and the World Bank in each case pressured PwC to be pushed to the next round and eventually win the bid. The effort at privatization fell through when an investigation was conducted by [[Arvind Kejriwal]] and the non-governmental organization (NGO) [[Arvind Kejriwal#Parivartan and Kabir|Parivartan]] in 2005.<ref name="MoneyLife" /> After submitting a [[Right to Information]] (RTI) request, Parivartan received 9000 pages of correspondence and consultation with the World Bank, where it was revealed that the privatization of Delhi's water supply would provide salaries of $25,000 a month to four administrators of each of the 21 water zones, which amounted to over $25 million per year, increasing the budget by over 60% and water taxes 9 times.<ref name="World Bank Tribunal">{{cite web|title=Independent People's Tribunal on The World Bank in India: Program: Arvind Kejriwal|url=http://www.worldbanktribunal.org/Delhi_privatisation.html|work=worldbanktribunal.org|access-date=25 December 2012|archive-date=27 October 2017|archive-url=https://web.archive.org/web/20171027002546/http://www.worldbanktribunal.org/Delhi_privatisation.html|url-status=live}}</ref><ref name="Youtube">{{YouTube|-tqaLMOgPH0|''How World-Bank Dicatates Indian Policies''}}. BharatKiAwaaz.</ref>

The [[Delhi Jal Board]] (DJB), which administers the water system of Delhi, was first approached by Parivartan in November 2004, following a report by the newspaper ''[[The Asian Age]]'', where the scheme was revealed to the public for the first time.<ref name="World Bank Tribunal" /><ref name="Youtube" /> The DJB denied the existence of the project, but after an appeal, the RTI request was granted. The documents revealed that the project began in 1998, in complete secrecy within the DJB administration.<ref name="World Bank Tribunal" /><ref name="Youtube" /> The DJB approached the World Bank for a loan to improve the water system, which it approved, and the effort began with a $2.5 million consultation loan. The Delhi government could have easily provided the money, and the interest rate of 12% that was to be loaned by the World Bank could have been raised on capital markets for 6%.<ref name="World Bank Tribunal" /><ref name="Youtube" /> Following the consultation, 35 multinational companies bid, of which six were to be shortlisted. When PwC was in 10th place, the World Bank said that at least one company should be from a developing country, and since PwC made the bid from its [[Kolkata]] office, it was dubbed an "Indian" company, and its rank was raised to 6th.<ref name="MoneyLife" /> When PwC failed in the second round, the World Bank pressured the DJB to start over with a fresh round of bidding. Only one company succeeded in the new round that was not PwC, and the World Bank had the lowest marks from an evaluator thrown out. The contract was awarded to PwC in 2001.<ref name="Commonwealth">{{cite web|title=RTI Spurs Debate on World Bank Involvement in Delhi Water Deal|url=http://www.humanrightsinitiative.org/programs/ai/rti/india/states/delhi/rti_spurs_debate_on_world_bank_delhi_water_project.pdf|publisher=Commonwealth Human Rights Initiative|access-date=25 December 2012|archive-date=21 October 2012|archive-url=https://web.archive.org/web/20121021060004/http://www.humanrightsinitiative.org/programs/ai/rti/india/states/delhi/rti_spurs_debate_on_world_bank_delhi_water_project.pdf|url-status=live}}</ref> Following the investigation by Parivartan, a campaign was waged by Kejriwal, [[Aruna Roy]], and other activists across Delhi and the DJB withdrew the loan application to the World Bank.<ref name="MoneyLife" /><ref name="World Bank Tribunal" /><ref name="Youtube" />