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 …

Raman Govt on rural mass contact drive

A "Gram Suraj Yojna" will be undertaken in nearly 20,000 villages in tribal Chhattisgarh to assess the performance of various government-sponsored schemes and find out the problems being faced by the people of the state. Chief Minister Raman Singh, his ministerial colleagues, MLAs, chairpersons and members of the Zilla Panchayats …

State sixth in human development

The first "Gujarat Human Development Report 2004' released shortly, has ranked Gujarat sixth among 15 major states. The report underlines, "The state has reached 48% of the goals set for human development,' Four states that could cross the 50% mark are Kerala, Maharashtra, Punjab and Tamil Nadu, while Karnataka is …

Et tu nature?

The tsunami killed many more women than men, leaving a severe gender imbalance in affected areas, says fresh research by international non-governmental organisation (ngo) Oxfam. Australia-based Oxfam Community Aid Abroad International recently compiled the first report on the tsunami's gender implications. "In some villages it now appears that up to …

Below the mark

function table() { var popurl="image/20050430/43-graph.jpg" winpops=window.open(popurl,"","width=410,height=320,scrollbars=yes") } function table1() { var popurl="image/20050430/43-graph1.jpg" winpops=window.open(popurl,"","width=420,height=300,scrollbars=yes") } On April 1, the second and final phase of Delhi's water price revision took effect. Domestic consumers will now pay a fixed "service charge', and a volumetric charge revised for the second time in four months. …

Wolfowitz at the door

in paul wolfowitz's selection as World Bank president, global democracy has taken a sharp fall. Since its formation after World War II, the president of the bank has been nominated by the us , with European powers always nodding approval. In return, Europe gets to nominate the International Monetary Fund's …

Programme implementation way behind target

Except for a few schemes, performance on most major items on the 20-Point Programme have been much below expectations, according to the latest progress report of the Ministry of Statistics and Programme Implementation. Rural health care, in particular, has witnessed extremely tardy growth, the report issued by the ministry for …

Death trail

over 644 farmers of Maharashtra, chiefly in Vidharbha, Marathwada and Khandesh regions, committed suicide between March 2001 and December 2004, according to a report submitted on March 16, 2005 to the Bombay High Court (hc) by Mumbai-based Tata Institute of Social Sciences (tiss). The hc had appointed tiss a consultant …

Whistleblowing is bound to increase

Why research whistleblowers? I had for many years studied cooperatives of workers and women and how their organisation differed from the bureaucratic model of organisation. People kept asking me, "But what of people with strong values in the corporate or public sector?' I realised that value-driven people in bureaucratic organisations …

Global growth has moderated: IMF report

After averaging about six per cent growth in late 2003 and early 2004, global growth has moderated

Legal status needs to be defined for self help groups: Rangarajan

With self help groups (SHGs) present in large numbers, Prime Minister's economic advisory council chairman C Rangarajan on Tuesday wanted the government to clearly define the legal status of such groups. "We need to clear the legal status of SHGs at the moment. I understand they are not registered in …

Dropout rates up in AP

According to the National Human Development Report 2002, Andhra Pradesh (AP)'s position declined from eight in 1981 to 10 in 2001, while neighbouring states like Tamil Nadu improved their position relatively. Spending increased from Rs 3,308 crore on education and Rs 1,098 crore on healthcare in 1999-2000 to Rs 4,666 …

Tk 61.95 lakh sanctioned for dev projects

A total of 1828 tonnes of rice and Tk. 61.95 lakh have been sanctioned for the implementation of 1563 development schemes in ten upazilas and four pourasabhas of Sunamganj district (Bangladesh) in the current fiscal year. The government, in a bid to develop the flood affected rural areas and create …

GDP slows to 6.2% in Q3 on lower farm output

The Indian economy has registered a GDP growth of 6.2 per cent for the third quarter of 2004-05, a considerable slackening over the 11 per cent growth during the same period in the previous fiscal. The slowdown comes on the back of a dip in agricultural output that showed a …

Dream work?

when P Chidambaram stood up to present the first full-fledged United Progressive Alliance (upa) budget on February 28, 2005, it was his second opportunity to show words were backed with resources. Interestingly, the finance minister has not only increased expenditure on various development and social sector programmes, and reduced taxes, …

A prank?

Nasa test

Budget 2005 2006: the missing audit

The discussions on the Union budget 2005-2006 reflect the media's middle-class obsession. The finance minister's proposal for a fringe tax - on perquisites and other benefits of the salariat - was all that was found worth discussing. Nothing else mattered. But it should. The budget is about expenditure for development …

Japan extends Rs 5,600-cr loan package for eight projects

The Japanese Government has extended a Rs 5,600-crore soft loan package for eight projects in the country, which include the ongoing Delhi Metro rail project, Bangalore water supply, Ganga Action Plan in Uttar Pradesh and a power project in Jharkhand. With this package, India emerged as the top recipient of …

Budget cheers homemakers, green brigade

Putting its money where its mouth is, the Delhi government today announced in its budget for 2005-2006, implementation of VAT from April 1 this year. The budget was presented by Delhi's finance minister Dr A K Walia. The government has an estimated budget of Rs 11,500 crore, which includes Rs …

Exemption on CNG the only bright spot in green plan

Green organisations welcomed the hike in tax on diesel from 12 to 20% and the exemption of CNG, but rued the reduction in the total Plan outlay for environment from 0.12% to 0.9%. Centre for Science and Environment Associate Director Anumita Roychowdhury said,

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