Economy

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

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 …

Delhi to set up model villages

The Delhi government has decided to develop "model" villages in Delhi with every infrastructural and civic facility possible. In its Cabinet meeting on Monday it also deliberated on the relocation of the dairies in non-urban areas besides optimum utilisation of the available land for the cow shelters. As many as …

Issues and implications

The Common Minimum Programme has done a good job of delineating the "human face" of economic reforms. It contains a "solemn pledge" to provide a Government that will not only be accountable, transparent, responsible and responsive "at all times" but also "corruption-free". But a purposeful implementation of the CMP will …

Another first for Rajasthan

Rajasthan will soon become the first State to formulate a human development report at the Panchayat Samiti level on the basis of development status index worked out with the United Nations Development Programme (UNDP) methodology. The three factors taken into account for the report are education, health and economy.

Funding flaws

The 60th anniversary of Washington-based organisations, the World Bank (wb) and International Monetary Fund (imf), was celebrated amidst clamours for reform. Critics distributed

Standoff

india's urea industry has decided not to sign contracts with liquefied natural gas (lng) marketers Gas Authority of India Limited (gail) and Indian Oil Corporation (ioc) Limited. This is because it wants the stalemate over lng prices to get broken first. It may be noted that in the majority of …

Computer update

concerned about the hazards of high-tech trash? Here is a piece of good news. A Swedish company has started marketing wooden computer monitors and keyboards that aim to brighten office life, while cutting down the environmental impact of hi-tech junk. With large number of computers stacking up in landfills worldwide, …

Group defence

ever wondered why people have different blood groups? A study shows that blood groups evolved to confer upon humanity defence against viral and bacterial diseases. Humans either have blood group a, b, ab or o. Each type occurs at different frequencies across the world. Robert Seymour and his colleagues from …

PMs Rozgar Yojana to be finetuned

To stimulate employment generation, the government is set to rework the Prime Minister's Rozgar Yojana (PMRY) and push banks to increase the credit flow under the scheme.

Delhi Jal Board comed under fire

The Chief Minister, Shiela Dikshit, who is also the Chairperson of the Delhi Jal Board, had convened a meeting of the East Delhi MLAs and Councillors to take stock of the situation in view of the acute shortage of drinking water in various areas.

Ambitious agenda

As an expression of strategic vision for the nation, the Common Minimum Programme of the ruling alliance at the Centre can hardly be faulted. After all, there can be no two opinions on the need to step up significantly investments in agricultural infrastructure or improve credit flows for small and …

CMP targets 7-8% growth per year

Prime Minister Manmohan Singh's slogan of reform with a human face guides the Congress-led government's Common Minimum Programme that pledges to pursue a progressive economic policy placating both the Left forces and the Indian Inc. The CMP gives thrust on infrastructure development, promotion of FDI in high-technology and exports sectors …

Very common and very minimum

Trying to strike a balance between addressing the concerns of the "aam aadmi' in both urban and rural India and the need to pursue a vigorous, if nuanced, economic reforms agenda, Prime Minister Manomohan Singh today formally released the CMP which, in his words, "seeks to accelerate the tempo of …

Cong-NCP unveils sop-heavy budget

For a state of Maharashtra reeling under drought, the Congress-NCP combine has come up with a budget flush with sops, four months before elections. Finance Minister Jayant Patil's please-all formula is packed with generous sops for farmers, small traders, backward classes and government employees, adding up to a Rs 7,303-crore …

HP Govt committed to balanced development

Himachal Pradesh Chief Minister Virbhadra Singh has said his Government was committed to ensuring balanced development in the State. There was an urgent need for generating employment opportunities for unemployed youth, Mr Singh emphasised. He was addressing a meeting convened here to seek suggestions from MLAs to finalise the Annual …

The fragrance of success

Karjan Reservoir Project in Gujarat had displaced 28 villages. These communities were rehabilitated in 17 resettlement sites in the early 1980s. One of the rehabilitated village is Ghanikut of Block Valia in Bharuch district. Apart from usual rehabilitation package offered to all affected villages, Ghanikut was specifically selected for a …

`Priority for jobs to rural youth to prevent migration`

The newly appointed Minister for Small-Scale, Agro and Rural Industries, Mr Mahavir Prasad, has said that he would endeavour to put an end to migration of people from rural to urban areas, provide jobs to youth in villages, including those in far-flung areas, and put an end to 'Inspector Raj.' …

India polls teach World Bank a lesson

The biggest loser of India's elections earlier this month was the dramatically ejected from office. But many critics, particularly outside India, believe the World Bank and other aid agencies were also given a bloody nose. Bank officials say its Andhra Pradesh structural adjustment loan is in abeyance following a promise …

Drought relief hits a political wall

Even as apprehensions are being raised about the relationship between the Congress-led alliance at the Centre and Rajasthan's BJP government, allegations are being made against the Vasundhara Raje government of

My passion is to oil panchayat machinery: Mani

For the first time in the history of India, panchayats have been placed under a separate minister. While the Rural Development Ministry has gone to RJD's Raghuvansh Prasad Singh, the Congress which claims to have done extensive homework on panchayats has decided to keep this portion for itself.

HP setting up online job service

The Himachal Pradesh Government is setting up an on line single-window service on all district headquarters from where unemployed youth will get information about job opportunities in industries in every corner of the state. This was stated by Mr Sat Mahajan, Labour and Employment Minister, in a press conference in …

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