Bengal back at World Bank door after 5 years
Five years after spurning the World Bank's offer to credit for roads and infrastructure development on purporated ideological grounds, Bengal's ruling communists seem to be heading for the bank for funds to implement projects in various sectors. Senior officials said terms between Bengal and the bank had been finalised and …
Navin to push for spl status for Orissa
On his maiden visit to New Delhi following Dr Manmohan Singh's coronation as Prime Minister, Orissa Chief Minister Navin Patnaik has two demands topping his agenda, both relating to the State's precarious financial condition. While Mr Patnaik, who flew to the national Capital, is committed to reiterating the demand for …
World Bank pegs GDP growth at 6 p.c.
An upbeat World Bank today said the Common Minimum Programme (CMP), emphasising reforms with human face, will spur socio-economic development in India, but contested the UPA Government's target that the GDP will grow at 7 to 8 per cent. "The Indian economy will grow at 6 per cent over the …
Rs 3503.81 cr draft Annual Plan approved
The Punjab State Planning Board today approved the Rs 3503.81 crore draft Annual Plan, (2004-05) against last year's plan of Rs 2822.00 crore, showing an increase of 24.16 per cent. The Plan gives high priority to agriculture, rural development, power, transport, science and technology and the social service sector. Out …
`Monitor projects to promote rural India`
A proper monitoring system of the projects is the need of the hour to speed up growth and development of rural India , according to leading economist Arjun Sengupta, who is also co-chairman of the economic cell of All India Congress Committee. Sengupta added that a proper monitoring system would …
Govt announces reward scheme for villages
The Gujarat State government announced a reward of Rs 1 lakh to every village that excelled in "mutual amity, unity and overall development'. State agriculture minister Bhupendrasinh Chudasma, while making the announcement, said that a sum of Rs 5 crore had been allocated for rewarding around 500 villages to be …
Kalam sticks to the script, yet...
In his address to the joint session of Parliament, President A P J Abdul Kalam said that foreign institutional investors will be wooed and interests of small investors protected. The President said private investment in the power sector was welcome, particularly in generation and distribution. "Power sector reforms will be …
Anxious industry hopes for positive signals in Kalam address
Industry and trade will be anxiously scanning the Presidential address to a joint sitting of Parliament on Monday for more reasons than one. President A P J Kalam is expected to outline the new government's approach to a number of critical economic policy issues. With Finance Minister P Chidambaram's budget …
Call to develop urbanised villages
The Delhi Bharatiya Janata Party chief, Harsh Vardhan, has asked the State Government to develop 177 urbanised villages located in the Capital as "model villages". "The Congress Government should immediately constitute a commission that will conduct survey in these villages within a period of three months studying their problems and …
Sunderbans under threat
Severe environmental threats such as rise in the sea level and sea surface temperature, and land erosion could render about 30,000 people in the Sunderbans homeless in the islands of the world's largest delta by 2020. Disclosing this, the director of the School of Oceanography, Saugata Hazra, said: ''About four …
Delhi BJP chief for developing villages
The Delhi BJP president, Dr Harshvardhan, demanded that the Congress-led Delhi government develop the 177 urbanised villages as model units for betterment of the people. Dr Harshvardhan said the state government should constitute a commission to survey the villages within three months and suggest a master plan for their multi-faceted …
Investment drought has ended, says Chidambaram
The 'investment drought' in the country has come to an end, feels the Finance Minister, Mr P. Chidambaram, at the end of a two-day visit to the country's commercial capital. Making a statement to the media after a series of meetings, the new Finance Minister said, "One very happy development …
ADB aid for Kupwara
The border district of Kupwara in Jammu and Kashmir has been allocated Rs 12 crore by the Asian Development Bank and Rs 15 crore under a Centre-sponsored scheme for development of infrastructure during the current year, the Minister for Forests, Mr Ghulam Mmohiuddin Sofi, said.
Antony govt to focus on primary sector
The UDF government led has decided to shift its focus to the primary sector including agriculture and traditional industries. A day after the introspective session of the UDF leaders. which saw heated exchanges between the partners, the Cabinet identified agriculture, fisheries, handloom , cashew and coir, which together provided millions …
Nagaland scheme to minimize rural-urban gap
To minimize the economic gap between urban and rural areas, the Rural Development Department of Nagaland has come out with a programe named "Urban Amenities in Rural Areas.' State Rural Development Minister, Imkong Imchen, said the programme would cover all the districts and a cluster of 10 to 15 villages …
Silchar PHE sanctions Rs 5.34 crore drinking water scheme to DONER
The ill-planned development of Silchar town in Assam, uneven sectoral growth of population, boom in highrise buildings, mushrooming hotels and nursing homes, acute load-shedding and illegal connections have all contributed to the continuing potable water crisis in Silchar. In view of the rise in population which is projected to become …
Merces spring dying a slow death
Merces spring, situated at the far end of the village just below the block housing military camp at Bambolim, in Goa, is one spring which seems to have been lost to residents. The spring is known to have contained rich medicinal properties. People from Merces and parts of St Cruz, …
Course on WTO regulations
The Fortune Institute of International Business (FIB) has introduced an exhaustive coruse on WTO regulations as part of its International Business programme.
