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 Employment Guarantee Act is a diluted version of the original proposal. Will it be effective? Amartya Sen calls it cause for jubilation. Giving some of the poorest people in the country a reliable source of income through 100 days of guaranteed employment can be an enormously important instrument for …
The annual Plan of Gujarat for 2005-06 has been fixed at Rs 11,000 crore at a meeting between the Planning Commission Deputy Chairman, Dr Montek Singh Ahluwalia, and the Chief Minister, Mr Narendra Modi. While appreciating the efforts of the State to improve enrolment of girl children, encourage private sector …
Satluj Jal Vidyut Nigam Ltd., a joint venture of Centre and the Himachal Pradesh Government running 1500 MW hydro Power project, announced an investment of Rs 9,000 crore to add over 1700 MW capacity during the 11th Plan.
The Planning Commission has in principle agreed on the discontinuation of seven Centrally sponsored schemes out of 80 schemes recommended by the finance ministry. But the Plan panel has ruled out scrapping other schemes as they pertain to healthcare, education and rural development. The discontinuation of the seven schemes would …
Malawi is $2.9 billion in debt but the cash that was borrowed hasn't done Simao Aloni or his home village of Chiromo any good. Campaigners for debt relief argue that as a result, the people of dirt-poor Malawi shouldn't be burdened with it. The Group of Seven wealthy nations pledged …
The government pegged economic growth rate at 6.9 per cent for this fiscal despite erratic monsoons and high fuel prices. However, the economic growth of this fiscal is estimated to be lower than 8.5 per cent in 2003-04. This is mainly due to low farm growth which has been estimated …
Deep inside Madhya Pradesh's Jhabua, where the Sangh Parivar battles Christian missionaries for the attention of tribals, a new factor has been thrown into the equation: check dams. On March 8, Shivratri day, Vanvasi Kalyan Parishad, a Sangh affiliate, will launch its Shivganga project to set up talavs (ponds), check …
Besides the Government company Indraprastha Gas Ltd as the proposed sole supplier of CNG in Faridabad and Gurgaon, the Haryana government said it was also considering proposals from private enterprises. Phasing out of vehicles in the NCR, it has been stated, will only take place, once there is firm assurance …
A Report prepared jointly by the United Nation's Department of Economic and Social Affairs and the U.N. Conference on Trade and Development (UNCTAD) expects world economic growth to slow down to 3.25 per cent this year. 2004 was an especially good year for the less-developed countries. The cycle of economic …
West Bengal is exploring ways to expand business ties with South East Asian countries and has appointed consultants for the purpose. The state chief minister Buddhadeb Bhattacharya, who was in Delhi for finalising the state annual plan with Planning Commission deputy chairman Montek Singh Ahluwalia, said that efforts were also …
As many as 233 enumeraters and 110 supervisors will be deployed to carry out field work for conducting survey for the fifth Economic Census-2005 in Nawanshahr district.The economic census is the official count of entrepreneurial units located within the geographical boundaries of the country and involved in any economic activity …
Finance ministers from the Group of Seven (G7) industrialised countries failed to reach an agreement on boosting development aid late last night in the face of US-European differences, European officials said. The deadlock came despite an impassioned appeal from former South African President Nelson Mandela for the G7, Britain, Canada, …
US treasury undersecretary John Taylor said the health of the global economy demands the US cut its record budget deficit and European and Asian governments pursue policies that promote economic growth and flexible currencies. Speaking in London before meeting finance ministers and central bankers from the Group of Seven industrial …
Expressing concern over management of water resources in the country, former prime minister Atal Bihari Vajpaye said water might become the root cause fo major disputes if not managed scientifically.
"India is a key partner for the European Union, and we appreciate the very positive role India has played in enhancing stability in this important region.' Not quite what the head of the EU's executive arm said here last week. He was addressing Pakistan's prime minister, Shaukat Aziz, and was, …
"India is a key partner for the European Union, and we appreciate the very positive role India has played in enhancing stability in this important region.' Not quite what the head of the EU's executive arm said here last week. He was addressing Pakistan's prime minister, Shaukat Aziz, and was, …
The hopes of Gordon Brown, the UK finance minister, of using the Group of Seven meeting to take concrete steps towards debt relief and additional aid to Africa were dealt a serious blow as other G7 countries lined up to express opposition to his ideas. Summing up the mood in …
It's not a message that the Group of Seven wants to hear, but the surplus Asian savings that are a crucial part of the imbalances threatening to capsize the world economy are unlikely to shrink much any time soon. G7 finance ministers, who meet in London this weekend, are expected …
The developed countries are not standing by their commitment to provide 0.7% of their GDP as funds for the developing world towards achieving the millennium development goals, said UN Millennium Project director Jeffrey D Sachs. However, countries like Germany, France and England have reiterated their commitment in the recently held …
