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 Executive Committee of National Economic Council (Ecnec), with Prime Minister Shaukat Aziz in the chair, approved 41 projects worth Rs 203 billion, including institutional strengthening and capacity building of Pakistan Nuclear Regulatory Authority (PNRA). Addressing a press conference, Adviser to Prime Minister on Finance and Revenue, Dr Salman Shah, …
Indian Tourism Development Corporation (ITDC) vice-president Jawahar Ghadiok has favoured setting up of tourism villages in the important tourist destinations in the North-east to attract both foreign and domestic tourists into the region. Addressing a seminar on
TheE competitiveness gap between India and China might be large and looming, but between India's rich and poor States, the hiatus is far more pronounced, thereby weakening the competitive impulses for manufacturing growth. This is happening when manufacturing is the greatest potential and key to provide high-wage employment for India's …
Fiscal fundamentalists can fret and fume. But the Tamil Nadu government is once again betting big bucks on social spending, as a necessary condition to achieve sustainable economic growth, if the sectoral allocations in the annual plans for 2004-05 and 2005-06 are anything to do by.
World Economic Forum meets in New Delhi to buy The Hot India Story. Foreign investors have poured a record $7.3 billion into an economy fuelled by a city that is the country's biggest global brand. But it could all come undone as a callous Karnataka government pushes India's Silicon Valley …
Tripura's annual plan for 2005-06 has been fixed at Rs 804 crore against the current fiscal approved outlay of Rs 700.27 crore. This was decided here at a meeting between the State Chief Minister, Mr Manik Sarkar, and the Planning Commission Deputy Chairman, Dr Montek Singh Ahluwalia. In his remarks, …
The annual Plan of Mizoram for 2005-06 has been pegged at Rs 685 crore as against the approved outlay of Rs 616.52 crore for the current fiscal at a meeting between the Chief Minister, Mr Zoramthanga, and the Planning Commission Deputy Chairman, Dr Montek Singh Ahluwalia. In his opening remarks, …
The fiscally-stressed states like Himachal Pradesh will have to comply with stringent conditions and carry out radical economic reforms in the right earnest to avail the debt mitigation facility.The hill state, which is reeling under a debt of over Rs 18,000 crore, is seeking a soft loan of Rs 7,000 …
The World Bank has come out with a five-pronged strategy for development of Bihar, which includes improving investment climate, initiating budget management and fiscal reforms, and strengthening the design and delivery of core services. The other areas where the state would need to lay special emphasis are public administration and …
The Rajasthan Minister for Rural Development Panchayati Raj, Kalulal Gujjar has called for expansion of rural industries decentralised generation of power and preservation of raw materials at the village level to achieve the goal of rural development, . These steps would lead to poverty alleviation and help make a significant …
"Every block of Punjab would get Rs 50 lakh as 'Village Development Fund' by which every village problem or development related grievances would ideally be sort out," said Capt Amarinder Singh, Punjab Chief Minister on the occasion of death anniversary of Shahid Uddham Singh, the avenge of Jallianwala Bagh, at …
The Annual Plan outlay of Tamil Nadu for 2005-06 has been settled at Rs 9,100 crore, up 13.75% from the approved outlay of Rs 8,001 crore for the previous year. "This major step-up in the Plan outlay puts Tamil Nadu on the road to achieving its targeted 10th Plan outlay …
High economic growth would be hindered in the medium term if institutional and infrastructural issues are not addressed, Reserve Bank of India governor YV Reddy has said in an article published in a Press Council of India souvenir. Dr Reddy has also said that the problem of unemployment has to …
The Uttaranchal government has roped in five leading institutes of technical education in the state under a World Bank assisted project to create new jobs for students.
The Ethiopian economy has received a major boost in the form of debt relief by the Paris Club countries, comprising mainly Western nations, and the African Development Bank. Announcing the cancellation of us $758 million of debt, the Paris Club nations recently said Ethiopia's outstanding debt was us $153 million …
iron deposits on the roots of rice plants can block their uptake of arsenic, as per scientists from China. The findings could help researchers breed rice varieties that are able to resist contamination. Arsenic contamination of groundwater is a key public health problem in India and Bangladesh. The toxin even …
• A holistic and pro-active approach towards prevention, mitigation and preparedness • Each ministry/department of the Central/state government to set apart an appropriate quantum of funds for vulnerability reduction and preparedness • Mitigation measures shall be built into ongoing schemes/programmes • Each project in a hazard prone area to have …
