Economy

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

Kerala's plan outlay for 2006-07 at Rs 6,210 cr

The Kerala Cabinet has approved an annual plan outlay of Rs 6,210 crore for 2006-07. This works out to an increase of nearly 16 per cent or Rs 840 crore over the current annual plan outlay of Rs 5,370 crore. The annual plan, which was cleared by a special meeting …

New Karnataka policy turns its eyes on rural industrialisation

Unlike in the past, Karnataka's new industrial policy for 2006-11 is expected to kick-start an industrial revolution in rural pockets of the state's interiors. Karnataka was the first to have brought out a state industrial policy way back in 1983.

Centre to set new pesticide norms

The Centre has proposed changes in the law to prescribe limits for certain pesticides in different food articles. Residue limits for six more newly registered pesticides will also be prescribed.

Mizoram Plan size for 2006-07 pegged at Rs 758 crore

The Annual Plan for Mizoram for 2006-07 has been fixed at Rs 758 crore, against Rs 685 crore for the current fiscal at a meeting between the Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, and the Chief Minister of Mizoram, Mr Zoramthanga. The annual plan outlay includes Rs 46.85 …

Rs 2000-cr for drinking schemes : Beig

Admitting that people in some areas of Jammu and Kashmir were drinking dirty water, Deputy Chief Minister Muzaffar Hussain Beig said Rs 2000 crores were being spent under Bharat Nirman to provide pure water to people. Meanwhile, Public Health Engineering and Irrigation minister Qazi Mohammad Afzal demanded that a house …

Madhya Pradesh declared 'fastest moving State'

There is jubilation in the ruling Bharatiya Janata Party circles as Madhya Pradesh has been declared the "fastest moving State" with maximum growth rate at the India Today Conclave in New Delhi.

A trade stalemate

Recent events reinforce the view that the ambitious trade liberalisation agenda that developed countries, primarily the U.S. and the E.U., have tried to realise through the WTO is a non-starter. It is now official: the Sixth Ministerial Conference of the World Trade Organisation (WTO), to be held in Hong Kong …

Silencing critics, Buddha signs states biggest public-pvt infrastructure project

Putting behind him rumblings of protest both within and outside his party, West Bengal Chief Minister Buddhadeb Bhattacharjee today presided over what was billed as a "historic agreement' between Indonesia's Salim Group and the state government in a comprehensive infrastructure development project. The project

MP raises quota for women in panchayat

In a significant develop ment, the Madhya Pradesh government has raised reservations for women in gram panchayats from 33 to 50 per cent. Announcing a clutch of measures to make the lives of women physically safe and financially secure at a specially convened mahila panchayat (the first of its kind …

CCEA nod for merger of tourism schemes

The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved the merger of the Integrated Development of Tourist Circuits (IDTC) scheme and the Product/Infrastructure and Destination Development (PIDD) scheme. The merged scheme would be known as Product/Infrastructure Development for Destinations and Circuits, information and broadcasting minister PR Dasmunsi said. The …

Farm it out, PM tells pvt sector

The private sector got a special invitation from the Prime Minister, Dr Manmohan Singh, to seize the immense opportunities in agriculture, both for supplying inputs and for processing and marketing the produce. Addressing the closing session of the India Economic Summit 2005, Dr Singh said though the Tenth Plan assumed …

How shoddy can we get

Environmental Status Report, 2004-2005

Chidambaram unveils new reform plan

The Finance Minister, Mr P. Chidambaram, outlined on Sunday a six-point reform agenda to enable the economy to achieve and sustain annual growth rates of eight per cent and above in the coming years. Addressing the India Economic Summit 2005, Mr Chidambaram expressed optimism that the reform agenda

Road project for rural villages stuck

There is some bad news for residents of the 192-odd rural villages. The MCD claims that a project to construct 364 roads at a cost of Rs 98 crore is stuck with the Rural Development Board (RDB) of the Delhi Government. The MCD claims that it has not taken up …

Mission 2007: every village a knowledge centre

AT THE World Summit on the Information Society (WSIS) held recently in Tunis, a programme titled "Connect the World by 2015" was launched. The aim is to ensure the benefits of the digital revolution reach every country and every part of each country by the year 2015, which is also …

tiger task force

After scaling most of the human development indices, Kerala is trying to become the country's first 'knowledge state.'The Congress-led United Democratic Front governemnt has evolved a long-term growth plan to ensure the transition by the year 2010. The primary task is to accelerae the development of a 'knowledge-based economy.'

tiger task force

One of China's biggest cities was gripped by a panicked rush for bottled water after reports that millions of taps will run dry for four days while officials check for possible contamination of supplies from a chemical factory explosion.The water cuts in Harbin, the freezing capital of north-eastern Heilongjiang province, …

Fishermen protest fishing ban

West Bengal has become the first Indian State to receive a

WB approves $620-m loan to upgrade NH-28

The World Bank is extending a loan of $620 million for upgrading the National Highway 28 stretch between Lucknow and Bihar's Muzaffarpur as part of the National Highways Authority of India's East-West corridor plan. This is the fourth World Bank loan for the National Highways Development Project and comes from …

Safta to ride clear over LDC roadblock of tariff rewards

The thorny issue of tariff compensation mechanism demanded by the least developed countries (LDCs) of Saarc is not likely to delay the implementation of the South Asian Free Trade Agreement (Safta). Ssenior commerce ministry commerce said that while the compensation issue was far from being resolved, it would not hold …

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