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 …
The first meeting of the Delhi Rural Development Board (DRDB) after the resignation of outer Delhi MP Sajjan Kumar as chairman was held. The new chairman, development minister Raj Kumar Chauhan, sanctioned for various development in rural areas. After the meeting Chauhan said that Rs 6.69 crore will be used …
The Asian Development Bank-funded $42 million Fata Rural Development project is in doldrums as the Fata Governor's Secretariat pleads for direct financing from the bank. Informed sources told Business Recorder that the Fata Governor's Secretariat is eager to execute the project independently without involvement of Kashmir Affairs and Northern Areas …
The recent devastating earthquake has not damaged any dam, including Tarbela and Mangla. Water and Power Development Authority (Wapda) (Pakistan) Chairman Tariq Hamid stated this, while addressing a press conference at the Wapda House. He said that some apprehensions have been expressed in the media regarding the affects of the …
The UPA government's commitment to press ahead with social sector projects as outlined in the Common Minimum Programme (CMP) is up against a serious resource crunch. That's because its plans to raise extra funds by shedding equity in cash-rich PSUs that would have financed these schemes have virtually been spiked …
The UPA government's commitment to press ahead with social sector projects as outlined in the Common Minimum Programme (CMP) is up against a serious resource crunch. That's because its plans to raise extra funds by shedding equity in cash-rich PSUs that would have financed these schemes have virtually been spiked …
The recently published World Development Report 2006 revisits some of the concerns of development. Following closely on the heels of the Human Development Report 2005, it focuses on the increasing global inequalities and the need for direct interventions to reduce these. The reports argue that reduction of inequality contributes dire-ctly …
Contrary to expectations, Left-ruled West Bengal has joined the league of the best performing states like Maharashtra, Gujarat, Karnataka, Haryana, Andhra Pradesh, Uttar Pradesh and Tamil Nadu in terms of growth in the gross domestic product (GDP) between 2001-02 and 2003-04. According to Assocham Eco Pulse study, the change of …
West Bengal has joined the league of the best performing states in terms of GDP growth, thanks to a healthy service sector growth, a study by the Associated Chamber of Commerce and Industry (Assocham) has shown.
Prime Minister Manmohan Singh said the fiscal deficit was "unacceptably high' and raised concern over the health of the federal and state government finances, while emphasising on the need to cut wasteful expenditure. He was addressing the heads of 15 Congress-ruled states. "As revenues are rising, so is the expenditure. …
The Kerala Cabinet on Wednesday decided to seek a supplementary loan of Rs 528 crorers from the World Bank for the Kerala State Transport Project.The Project originally estimated to cost about Rs 1,500 crores, is facing heavy cost escalation. The bank has given a loan earlier to cover 76 percent …
Chief Minister Tarun Gogoi announced a series of schemes in the Health, Education and Forest Departments worth Rs 344 crore and described the same as a Puja and Id gift to the people of Assam. Addressing a Press conference here today, Gogoi said that the schemes would be financed by …
Punjab will continue to get assistance from the World Bank for its rural development programmes even as the kandi (Shivalik hills) area Integrated Watershed Development Programme (IWDP) draws to a close on September 30 after being run for five years. Mr Daniel Sullen, Senior Agricultural Economist, World Bank, that a …
A three-member World Bank team is reaching in Jammu tomorrow to inspect the Baglihar hydroelectric project (450 mw) in a bid to settle the dispute between India and Pakistan over its construction on the Chenab. A neutral expert, Mr Raymond Lafittee, who has been appointed as arbitrator by the World …
An Act to provide for the enhancement of livelihood security of the households in rural areas of India by providing at least one hundred days of guaranteed wage employment in every financial year to every household whose adult members volunteer to do unskilled manual work and for matters connected therewith …
President A. P. J. Abdul Kalam has presented Kerala with a 10-point development agenda aimed at making the State an economic power house by 2015.Delivering a historic address to the members of the Kerala Legislative Assembly on Thursday morning, Mr. Kalam urged the State to identify its core competences and …
According to estimates, the next two decades will see the average amount of water available per person on the planet shrink by a third. The UN has come up with a solution called the isotope hydrology which would help discover the age, origins, size, flow and fate of a water …
The pace of growth in the next 15 years will far outpace the growth rate in the last 14 years, making India a wealth producing nation, if not the wealthiest. But the growth is linked to a 550 million strong and skilled work force, which has the potential to create …
Growth in the world's top economies will moderate this us expansion buoyant, economists forecast in a Reuters poll. The quarterly survey of about 150 economists on the outlook for the Group of Seven industrialized nations showed they have trimmed growth forecasts for the United States, euro zone and Britain since …
