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 …

193 Mw more for MP from central quota

The central government will give an additional 193 Mw electricity to Madhya Pradesh to overcome the peak hour power shortage and has also decided to resolve the bifurcation of electricity boards with Chhattisgarh by January 2004.

CGWA extends deadline

Perturbed with the poor response to the notification on installing rain water harvesting systems in commercial and industrial units, the Central Ground Water Authority (CGWA) has extended the deadline from November 2003 to 30th June 2004. It has also made it clear that the deadline would not be extended any …

Water sharing as per tribunal verdict: Union Minister

The Minister for Water Resources, Arjun Charan Sethi, said sharing waters would be done as per the verdict of the tribunal, which was now hearing the matter. Replying to supplementaries during question hour in the Rajya Sabha, Mr. Sethi told the congress member, Kapil Sibal, that the Government would not …

`Opportunity denial compensation fund` for States sought

The Kerala State Electricity Board (KSEB) has suggested to the 12th Finance Commission that the Centre may create a fund to compensate the loss suffered by the States on account of denial of permission to start hydel projects. In a memorandum to the commission, KSEB has pointed out that compared …

Aam aadmi ko kya mila? Rs 19,228 for rural areas

The report card of rural development or the annual report of the ministry of rural development for 2003-04 has been released recently. The report has taken a stock of developments in the fields of health, employment, infrastructure and sanitation, apart from other special initiatives. For infrastructure, the Swajaldhara project in …

Rs 118 cr for development of tribal areas

The Chief Minister, Mr Virbhadra Singh, said Rs 118 crore had been earmarked under the tribal sub-plan for carrying development activities at an accelerated pace in the tribal areas during the current financial year. Addressing a public meeting at Kaza in Lahaul Spiti yesterday, Mr Virbhadra Singh said the funds …

Statehood and MCD revamp govt priorities

Lieutenant-Governor Vijai Kapoor said the government would take up the issue of grant of statehood for Delhi, keeping in mind the views and aspirations of the people. Addressing the first assembly session of the third Vidhan Sabha, Kapoor said,

State seeks higher weightage for population

Kerala represented to the Twelfth Finance Commission that the population of each state should be the key criteria while determining the quantum of funds being transferred from the Centre's shareable tax revenue to the States.

Banks urged to adopt villages

Chief Minister Mulayam Singh Yadav called upon the nationalised banks to participate in the development of Uttar Pradesh State in a greater way by encouraging small industries and entrepreneurs. The Chief Minister urged banks to provide maximum facilities to farmers and adopt backward villages for the all-round development of the …

An experiment in fast development of villages

A new concept of rural development introduced by the district administration is ushering in a new era of development in the countryside. The concept involves clubbing funds available under various schemes to the Zila Parishads, Panchayat Samitis and gram panchayats for the execution of bigger projects. The new scheme has …

Rs 1,000-cr Punjab projects

An empowered committee on mega projects under the Chairmanship of the Punjba Chief Minister, Mr Amarinder Singh, has approved four mega projecs involving a total investment of more than Rs 1,000 crore. The project would be set up in and around districts of Ludhiana, Jalandhar and Ropar with a total …

YSR doles out e-frills for rural Andhra

Andhra Pradesh will set up upwards of 22,000 electronic kiosks to bring e-commerce and private enterprise within the reach of every village to improve the quality of life in rural areas. The massive exercise to be carried under the Rajiv Gandhi Internet Village (RAJIV), project will be managed by women …

Water wars

Widespread destruction in the Ambala and the Panchkula districts of Haryana has taken a political turn, as the Punjab and the Haryana government are once again locked in a blame game. Haryana Chief Minister Om Prakash Chautala has blamed the Punjab Government of

States vie for increased Nabard core sector fund

With the National Bank for Agriculture and Rural Development (Nabard) gradually increasing fund allocation under the Rural Infrastructure Development Fund (RIDF) scheme, competition among states is heating up to grab greater share of fund to improve rural infrastructure. Though most of the states have now become savvy enough to chalk …

WB feels India can attain 6-8% GDP

World Bank is optimistic that the Indian economy can grow by 6-8 per cent in the coming years but has asked the Government to improve social services like education and health. "In comparison to most industrialised nations, India is likely to achieve an impressive growth as the potential is enormous. …

Karnataka focus on egovernance

As Karnataka steps into the election year, state chief minister S.M. Krishna plans to use egovernance to improve efficiency of his government, in order to reach out to the people at the lowest wrungs in cities and villages. Mr Krishna said the loud and clear demand from the people around …

Rs 35.55 crore spent on rural development

The Haryana State government spent about Rs 35.55 crore under various rural development schemes during the last four years. The Deputy Commissioner, Mr Mohinder Kumar, said that the administration was committed for the development of the rural areas. He said the administration had allotted enough funds to each village of …

USAID livelihood projects in East

The US Agency for International Development (USAID) last week opened four projects in the Moneragala district that will support livelihoods and improve community infrastructure in the region. The assistance worth more than $83,000 includes equipment for the Intensive Care Unit of the Moneragala Base Hospital, agricultural tools and small machinery …

In Boarijor, miseries increase with altitude

The Paharia village of Kortika in Boarijor block of Godda district in Jharkhand has earned both - pride and disdain. While block officials present this village to assert how the Government schemes have benefited these tribals, the Paharias of other villages in Boarijor complain that Kortika gives a misleading picture, …

Give Waknaghat project another look: Solan BJP

Castigating the decision of ruling Congress Government concerning the setting up of a satellite town at Waknaghat in Solan district, of Himachal Pradesh, BJP urged the government to review the decision as it would render hundreds of farmers landless and homeless. Talking to media persons general secretary of district unit …

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