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 …
Sam Pitroda, the WorldTel CEO who gave Indian telecom a positive health report earlier this week, was at the Planning Commission to discuss the information technology and communications sectors. The National E-Governance Action Plan (NEGAP), one of the top ten priority infotech projects of the UPA government figured in Pitroda's …
The International Labour Organisation (ILO) has complimented India for maintaining high growth in the era of intense globalisation during the past two decades, but commented poorly on its record of economic and social security for the poor. "Although the great majority of countries had lower growth in 1980 and 2000 …
Tribals of Orissa received a massive bonanza on Gandhi Jayanti with the launch of the Rs 430-crore Centrally-aided Orissa Tribal Empowerment and Livelihood Programme (OTELP) in Bhubaneswar. Funded by International Fund for Agricultural Development (IFAD), DFID and World Food Programme (WFP), the project is supposed to benefit about 75,000 tribal …
The construction of the 8.6 kilometre Yangkola-Tsamang farm road in Mongar that will benefit about 194 ghouseholds has begun according to Mongar dzongkhag officials. Funded by the Japan government KR II grant, the farm road that will be built in phases will benefit the remote Tsamang, Benjar and Ganglapong villages …
Good performance by manufacturing and trade sectors has pushed up the growth rate of gross domestic product (GDP) to 7.4% in the first quarter (April-June) of the current fiscal. GDP growth rate in the corresponding period last year was 5.3%. The Central Statistical Organisation (CSO) has put the GDP (at …
A World Bank report on fiscal decentralisation to Panchayati Raj Institutions (pris) has reinforced the argument that decentralised governance in India will not work without genuine fiscal decentralisation. India: Fiscal Decentralization to Rural Governments analysed fiscal decentralisation in Kerala and Karnataka
function illus() { var popurl="image/20040831/53-illus.jpg" winpops=window.open(popurl,"","width=485,height=400,scrollbars=yes") } Let us take an ecologist's look at Kolkata. It has the river Hooghly to its west from where it draws water. Another river, the Kulti Gong, 28 kilometres to Kolkata's east, drains the city's wastewater into the Bay of Bengal. No other mega-urban …
With State Deomestic Product showing phenomenal growth rate of 13% last year, Jammu and Kashmir Government has embarked upon a long term fiscal and development strategy to facilitate investment for strengthening and upgrading infrastructure in next 10 yers in the State.
The Government of Madhya Pradesh has taken a major initiative to explore alternative strategies for sustainable development by bringing together some of the most brilliant brains of the coun- try to put together, discuss and set out the roadmap for the future course of action. President Dr APJ Abdul Kalam …
The President today sought the Supreme Court's opinion on the controversial law that was passed by Punjab on July 12 to circumvent its direction for the construction of a canal to Haryana. A P J Abdul Kalam referred the Punjab Termination of Agreements Act 2004 to the apex court, a …
As the political class debates the merits of increasing foreign direct investment limits in telecom, insurance, and aviation, they should take a look at Newsweek's latest cover story. In its ranking on the "world's best countries", there's more evidence that India has arrived as a global investment destination. India, according …
With the State Rural Development Department (RDD) here getting its highest ever Central assistance, the Jammu and Kashmir Government is planning to revolutionise the sector and get the rural areas tuned to state-of-the-art facilities in the coming year. Each block in the state will have a model village.
Seven South Asian nations vowed to move swiftly to relieve poverty and take steps to meet the populous region's energy needs, Pakistan foreign minister Khurshid Mahmud Kasuri said. "Poverty alleviation was identified as a single most daunting development challenge" for the region, Kasuri told reporters at the end of a …
After the Central and Andhra Pradesh budgets, it was very much on the cards that the Congress-led coalition Government in Karnataka would also come up with what it could project as a "pro-farmer, pro-poor budget." In spite of several "give aways", the Deputy Chief Minister and Finance Minister Siddaramaiah, has …
Delhi government approved setting up of a Rural Development Board, on the pattern of the Trans-Yamuna Development Board. The Board will work for the upliftment of Delhi's rural belt. The government will provide over Rs 100 crore as a corpus fund for the development of the villages.
Karnataka offered a slw of sops for the farm sector and simultaneously reduced sales tax rates on a series of goods of mass consumption. Presenting the Budget for the current fiscal on Monday, the Deputy Chief Minister, Mr S. Siddaramaiah, who also holds the finance portfolio, estimated a revenue surplus …
Presenting a revenue surplus budget for the first time in eight years, Karnataka deputy chief minister Siddharamiah, who also holds the finance portfolio said, "this signals the commitment to reform state finances and to ensure that the current expenditure is met by current revenues.' Budget 2004-05 envisages a revenue surplus …
Assam Chief Minister Tarun Gogoi presented a Rs 3138.54-crore deficit Budget for the State for the current year in the State Assembly. In his Budget proposals, the Chief Minister proposed hikes in tax on petrol and diesel, gutka, Tinned milk food, royalty on forest produce and entry tax on crude …
ABB India has identified education as a key area for social and community development activities. A small team of four or five employees from ABB India's factory in Peenya, Bangalore, will take on an additional task: that of teaching the teachers in a government school at a village close to …
