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 …

States to get Rs 67-cr e-governance aid

The Centre is planning an additional Rs 67-crore allocation to states under the Additional Central Assistance scheme to facilitate e-governance schemes. This would be part of the gross budgetary support (GBS) being earmarked for the implementation of the national common minimum programme in 2004-05. NCMP has recognised e-governance as a …

EU backs investment plan for transport, R&D

European Union heads of state and governments endorsed a multi-billion dollar plan to encourage public and private investment into transport and research projects in a bid to revitalize the bloc's economy. EU leaders gave their blessing to a $75 billion "quick start" list of priority projects to be launched over …

Asia`s largest colony grossly underdeveloped

Dwarka is the largest residential colony of Asia with around 35 per cent occupancy. Although, the Metro work is under progress, a flyover connecting Dwarka to south Delhi will also be completed by 2005. Still, it remains one of the undeveloped residential colonies in the national Capital. Dwarka, the suburban …

Termination of Agreements Act not extra-territorial: Punjab Govt

Accusing the Centre of having always favoured Haryana, the Punjab Government has strongly supported the enactment of the Punjab Termination of Agreements Act 2004, ending all water-sharing agreements with its neighbouring states. In its reply to the Presidential reference on the controversial Sutluj-Yamuna Link (SYL) canal issue, the Punjab Government …

Bold steps can make india economic giant: experts

India in its quest for sustained economic growth needs to thrash out national political consensus soon on key issues like FDI and on building world-class infrastructure to catch up with China, global business leaders and analysts said here. "The foreign investor puts his money where there is scope for growth …

CII in pact for rural training

The Confederation of Indian Industry (CII) has tied up with the City and Guilds Institute for a massive skill upgradation programme to provide vocational training to rural youth in various sectors like horticulture, handicraft and handloom.

Unesco for all-round development of Darjeeling

The Unesco has asked the Tea Board to submit a detailed plan for all round development of Darjeeling with special emphasis on the tea gardens. The Unesco, is keen on development of the entire region, and has asked to chalk up a viable plan before pumping in funds for the …

$200-m ADB grant for six Madhya Pradesh cities

The Asian Development Bank (ADB) has approved a $200-million loan to help improve basic urban services in six cities of Madhya Pradesh. The Urban Water Supply and Environmental Improvement project will improve and expand infrastructure and services for water supply, sanitation and sewerage in Bhopal, Gwalior, Indore, Jabalpur, Ratlam and …

Budget implementation record poor : World Bank

The State's record in implementing the budget, as passed by the legislature, is not impressive largely on account of unrealistic estimates of expenditure and over optimistic revenue forecasts, according to a World Bank report.

Tribal MLAs protest Orissa Govt`s excise policy liberalisation plan

The Orissa Government's proposed move to liberalise its excise policy to mop up additional resources has drawn flak not only from anti-liquor activists, but a large number of tribal MLAs, who are under pressure from their electorate to take up cudgels against country liquor. Women in several tribal districts have …

Living up to promises rendered

Mahadevapura is a small village near Bangalore. This village with a population of about 5000 is like many other villages of rural India. Economically backward, agriculture is the only source of occupation and hope is the only inspiration to live. Rotary Bangalore High Grounds has come up with the project

Appropriate technology must uplift rural folk: Tiwari

Chief Minsiter N D Tiwari formally launched the Rural Technology Action Group Project (RUTAG) in Uttaranchal in the presence of Dr R Chidambaram, Principal Advisor to the Government of India and several other highly accclaimed scientist of national and international repute, recently. It was the first launch in the country …

The cess in cesspool

The authors of CMP have a naive confidence that simply spending large amounts on education is the best way to create quality schools for all. However, the empirical evidence contradicts this view. India is not lagging behind in spending on education. To provide access to quality basic education in India, …

Dream come true: WB sets up SEZ

The ceremonial sign-up for the first Special Economic Zone and a minor port at Kulpi, a little known location in the Sunderbans, between British multinational P&O;, two Indian companies and the Communist Party of India (Marxist)-led Left Front Government in West Bengal is not just one more indicator that the …

Amma releases Cauvery water for paddy cultivation

With the storage position in its Mettur reservoir reaching a relatively comfortable level, the Tamil Nadu Government started releasing Cauvery water from the Mettur reservoir, but some farmers say they have not been given enough time to prepare for the long season ahead. The Government just gave them five days' …

Kalam`s one day wonder

It may not suit the President's vision of development.But that is how the administration works. Less than 48 hors after Dr APJ abdul Kalam left the "blessed and transformed " Eintkhedi village, new telephone and electricity lines, which comes under hotline services provided during the President's visit were withdrawn.

WTO deal not to affect rural schemes: Montek

The July framework negotiated by the World Trade Organisation (WTO) in Geneva does not impact the rural development and social sector schemes being implemented in the country, said Montek Singh Ahluwalia, Deputy Chairman, Planning Commission. It in fact, represents a major advance and imposes more discipline on developed countries, he …

China dam overflows, India alert

It's a race against time. With the Chinese authorities confirming that the artificial dam in Tibet has begun to overflow and could burst any time, inundating more than 50 villages and towns in Himachal Pradesh, India stepped up efforts to control the damage along a 250-km stretch from the Indo-Tibet …

UPA government to focus on six priority areas

The United Progressive Alliance (UPA) has decided to focus on six priority areas.The UPA wants to limit its focus, with the Sarva Shiksha Abhiyan, provision of nutrious mid day meals and fod forwork programme getting high importance. In addition it will focus on drinking water, rural connectivity and sanitaion.

NABARD adopts strategies for rural poor

National Bank for Agriculture and Rural Development framed strategies to benefit the rural poor and to create employment in the region. These include timely and adequate credit to the rural poor, watershed development projects to be sanctioned covering the forest area, transfer of technology to the farmers through Technology Clubs …

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