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 …
Water resources, including enhancing supply of potable drinking water and sanitation facilities in rural habitations, have received the special attention in the budget proposals for 2005-06.The outlay for the Accelerated Irrigation Benefit programme (AIBP) has been enhanced from Rs. 2,800 crores in the revised budget estimate for 2004-05 to Rs. …
The ozone layer over northern Europe will likely witness a severe thinning in the coming weeks, predict scientists from the European Ozone Research Coordinating Unit, located in the Cambridge University, UK, campus. They have spotted unusual weather conditions over the Arctic, which is witnessing its coldest winter in 50 years …
Which is richer, the us or Bhutan? Well, that would be determined by whether you're looking at Gross National Product (gnp) or Gross National Happiness (gnh ) as indicator. Some experts regard the latter as a more evolved appraisal that integrates the values held by a country with how developed …
as world leaders and prominent personalities gathered at Davos, a Swiss resort, on January 26-30, 2005, for the World Economic Forum (wef), the Brazilian city of Porto Alegre hosted the fourth annual World Social Forum (wsf). The wsf was set up to protest the wef and oppose "neo-liberalism and a …
Balanching the interests of disparate coalition partners with equally extreme ideology and simultaneously swearing by the National Common Minimum Programme (CMP), the magna carta of the United Progressive Alliance (UPA) Government, is no easy task and this is where the Pre-Budget Economic Survey has comprehensively failed. The authors of the …
With summer approaching and water crisis bound to make headlines, Chief Minister Navin Patnaik has asked officials to step up the pace of community projects under the national food-for-work (FFW) programme. Mr Patnaik, who reviewed the progress of these programmes being implemented in 199 out of 314 blocks of the …
It seems that the e-governance programme is likely to be slowed down to accommodate the recommendations of the yet-to-be-formed National Knowledge Commission (NKC) in the coming Budget.According to sources, only Rs 200 crores are being allocated for the e-governance programme of the government in the coming Budget of 2005-06 as …
Three years after the United States drove the Taliban out of Afghanistan and vowed to rebuild, the war-shattered country ranked 173rd of 178 countries in the United Nations 2004 Human Development Index, according to a new report from the United Nations. It was trailed only by a few countries in …
At one go, Prime Minister Manmohan Singh administered a Rs 20,000-crore capital injection to central investment-starved Kerala by setting in motion country's first global hub terminal (Vallarpadom), NTPC's biggest gas-based plant (Kayamkulam), Gail's re-gassification plant and even a gas-cracker unit (Kasargod). Kerala and the Centre now have the same party …
In a clear policy to pitchfork the rural economy, the government is actively considering to unveil a special scheme for rural infrastructure with a significantly enhanced budgetary outlay in 2005-06.The Prime Minister's Office (PMO) is in favour of a scheme by name of Bharat Nirman aimed primarily at improving and …
The Finance Minister, K. Rosaiah, today presented a tax-free Rs. 55,331-crore budget for 2005-06 in the State Assembly, the first full-fledged one by the Congress after it returned to power, giving a major thrust to irrigation.The annual plan for 2005-06 is estimated at Rs. 15,650.77 crores, an increase of 17.75 …
The annual Plan for Assam for 2005-06 has been pegged at Rs 3,000 crore inclusive of an additional Central Plan assistance/special Plan assistance of Rs 300 crore for funding the reconstruction plan of the State linked to specific projects. This was decided at a meeting between the Planning Commission Deputy …
For the 660 tribal families in the inhospitable , hilly terrain of Junnar tehsil in Pune district, illness, illiteracy, unemployment and poverty may soon be memories of the past.With the Japan Government sanctioning a whopping Rs 21.61 lakh for development projects in the area, the 4,600 inhabitants of Kolhewadi, Bhoirwadi …
The size of Orissa's Annual Plan for 2005-06 has been fixed at Rs 3,000 crores. This includes Rs 68 crores provided by the Planning Commission as additional Central assistance for "special interest" projects of the State.The outlay was finalised at a meeting here on Wednesday between the Deputy Chairman of …
The annual plan of Arunachal Pradesh for next fiscal has been fixed at Rs 950 crore, inclusive of additional Central assistance of Rs 30 crore, for projects to tackle specific problems plaguing the State. This was decided at a meeting between the Planning Commission, Deputy Chairman, Mr Montek Singh Ahluwalia, …
Prime Minister Dr Manmohan Singh has assured the state of an estimated Rs.20,000-crore investment for the proposed development projects to be taken up in the immediate future.It includes the Rs.2,118-crore International Container Transshipment Terminal (ICTT) for which the Prime Minister will lay the foundation stone on Wednesday.
The annual Plan outlay of Jammu and Kashmir for 2005-06 has been determined at Rs 4,200 crore at a meeting between the Planning Commission Deputy Chairman, Dr Montek Singh Ahluwalia and the Chief Minister of Jammu and Kashmir, Mufti Mohammad Sayeed. The Plan panel endorsed the State's request for this …
The annual plan outlay for Jammu and Kashmir has been fixed at Rs 4,200 crore, which is more than Rs 1,000 crore than the last year's, even as the state earned surplus revenue of more than Rs 600 crore and fiscal deficit shrank to 4.5% from 8.5% last fiscal. The …
The budgetary support for plan expenditure for '05-06 is expected to be finalised at about Rs 1,72,000 crore, including Rs 40,000 crore for the priority programmes identified by the National Common Minimum Programme. The allocation is about 18% more than the Rs 1,45,600 crore provided for the current year, but …