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Six-day WSF event will cost Rs 8.5 crore.

Asia Africa Intelligence Wire

| January 16, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Times of India)

Byline: S Balakrishnan

MUMBAI: About 60 per cent of the funding for the World Social Forum (WSF) beginning here on January 16 is coming from abroad.

The sixday event is estimated to cost a whopping Rs 8.5 crore and this does not include the expenses being incurred by the organisers on travel, mobilephones et al.

According to Gautam Modi, who is coordinating the media cell of the WSF, two Nederland-based organisations, Hivos and Novib, and the UK-based Oxfam would be providing 60 per cent of the Rs 8.5 crore.

He explained that these organisations raised money through a "variety of means'', including …

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