Kalam recipe for development
The President, Dr A.P.J. Abdul Kalam, has propounded the law of development or a three-pronged approach which could take the country into the league of developed economies. While studying the development patterns and the dynamics of connectivity between various nations, especially in trade and business, Dr Kalam said he found …
Review the Indus treaty
With the failure of the latest round of Indo-Pak talks on the Baglihar hydel power project on the Chenab river in Jammu and Kashmir, Pakistan seems set to drag this protracted controversy to the World Bank for arbitration.
Jaya presses for water release
Tamil Nadu chief minister J. Jayalalitha is pressing for the early release of at least 7 tmc ft water from Karnataka. Ms Jayalalitha also wants the Centre to expeditiously finalise the distress-sharing formula on water-sharing between Karnataka and Tamil Nadu, which would be applicable during the lean seasons. At the …
IMF reforms may harm developing nations: Stiglitz
The economic policy of a country, or an institution such as the International Monetary Fund or the World Bank, cannot be delegated to technocrats as that might have an adverse effect on the social insecurity of a state, economist and Nobel laureate Joseph Stiglitz said here at the World Social …
India, E.U. for resumption of WTO talks
India and the European Union signalled their eagerness to restart the stalled round of negotiations under the Doha Development Round of the World Trade Organisation (WTO). The visiting E.U. Trade Commissioner, Pascal Lamy, said that he had "flexibility" to negotiate on sensitive issues like agriculture, market access and industrial tariffs.
Globalising Anti-globalisation
There is globalisation, abnd globalization, as Nobel Prize winning economist Joseph Stiglitz told The Finanial Express and will doubtless tell his audience at the World Social Forum in Mumbai. Some of it is bad, a lot of it is okay and some of it is even good. One must separate …
Another world is possible, says WSF
The promise of a better world, along with the beats of drummers from Kerala and tribal dancers from Madhya Pradesh, made way to the fourth World Social Forum, at Goregaon in suburban Mumbai. This was the fourth meeting of the WSF, since its first in southern Brazil's Porto Alegre in …
IIF warns India of lower GDP growth in 2004
A US-based economic think-tank has warned that India's economic growth would dip to a moderate 6 per cent in calendar 2004 after a fast growth in the previous year driven by a sharp turnaround in agriculture. International Institute of Finance (IIF) projected the real GDP in India to
World Bank to give $220 m to AP
Buoyed by efficient use of structural adjustment loans given to Andhra Pradesh (AP), the World Bank will provide another $220 million loan to the State to further the reforms process even as it was considering sanctioning such loans to Tamil Nadu and Orissa as well.
UN sees 3.5% world growth in `04
The world economy will grow by 3.5% this year as the recovery that got off the ground in the last half 0f 2003 strengthens and broadens in coming months, UN forecasters said. But the global outlook remains clouded by large international imbalances, particularly the US deficit in trade and investment, …
World Bank initiative for rural India
To give a boost to services in rural India , the World Bank, in association with the Times Foundation, will host an event in April. The event titled India Country-level Development Marketplace (IDM) will be the first of its kind in the country. Other partners in the initiative are IFC, …
Let people do it
the current water situation in the country calls for immediate remedies. Down To Earth has hit the nail on its head by suggesting that "[the] rights of communities to control and manage their water must be safeguarded.' In fact the National Water Policy (nwp) can become an effective instrument to …
`Globalisation has widened gap between rich, poor`
Globalisation has widened the disparity between rich and poor and as a result, 20 per cent of the world controls 80 per cent of the gross domestic product, while 447 billionaires have wealth greater than the income of the bottom half of humanity, according to Ms Velma Veloria, State Representative, …
JPC report on safety norms for beverages soon
The Joint Parliamentary Committee (JPC) set up to look into the issue of pesticides in beverages is expected to finalise its report after a meeting with officials at the Health Ministry. This meeting is expected to be crucial as a final decision will be taken after consultations with the Health …
Narmada: Centre calls meeting of CMs
The Centre has called a meeting of the Review Committee of the Narmada Control Authority (RCNCA) to decide whether the cost of rehabilitation and resettlement of the people displaced by the Narmada dam in Gujarat should be shared by the four basin States or be borne by Gujarat alone, which …
Stop preparing development plans for villages: Kurien
Fifty years of growth and development in the country have not been adequate, according to Dr Verghese Kurien, the author of the White Revolution in the country and the architect of Operation Flood. Holding the Government and the bureaucracy responsible for this lapse, Dr Kurien, who was here to receive …
Centre grants Rs. 1,000 crores for Chhattisgarh
The Rural Development Ministry will provide Rs.1,000 crores for the construction of 5,500 km of rural roads in Chhattisgarh. An additional Central assistance of Rs.14 crores will also be given for construction of rural houses under the Indira Aawas Yojna in the flood-affected areas.
Chief ministers outline development agenda
Three newly-elected chief ministers of Delhi, Madhya Pradesh and Chhattisgarh have outlined their development agenda at the 76th annual general meeting (AGM) of the Ficci. While
India poised to become economic powerhouse
The 10th Partnership Summit of the Confederation of Indian Industry (CII) began amid confident declarations by the policy and decision makers that India would be one of the three top economies of the world in one-and-half decades. Deputy Chairman of Planning Commissioner K C Pant, who inaugurated the important annual …
An urban mission for India
India's economic growth in the second fiscal quarter was 8.4 percent, within shouting distance of China's 9.1 percent expansion. What has also captured the nation's imagination is the realization of its bulging youth population: Every second Indian is younger than 25. What India needs most now are world- class cities: …
