GDP growth slips, drought culprit
India's gross domestic product (GDP) has now been estimated to have grown at the lowly rate of 4.3 per cent in fiscal 2002-03, revised downward from the earlier estimate of 4.5 per cent. The Indian growth rate slowdown is almost entirely on account of the "worst drought in over a …
Down the drain
The first monsoon showers have proved beyond doubt that the various
Chhattisgarh annual Plan fixed at Rs 2,335 cr
The annual plan of Chhattisgarh for the current fiscal has been fixed at Rs 2,335 crore, inclusive of Rs 18.67 crore for priority schemes put forth by the State. This has been decided here at a meeting between the Planning Commission Deputy Chairman, Mr K.C. Pant and the Chief Minister, …
Rs 2,335 crores outlay for Chhattisgarh
The 2003-04 Annual Plan outlay for Chhattisgarh was fixed at Rs 2,335 crores at a meeting between the Deputy Chairman of the Planning Commission, K.C. Pant and the State Chief Minister Ajit Jogi.
More agenda than analysis
The World Bank has released a draft of the World Development Report for 2004 for public discussion. The report, in its final form, will be released on September 23. The subject is "Making Services Work for Poor People" and should prove to be of considerable interest to the people of …
India, China set up joint study group
Prime Minister Atal Behari Vajpayee announced that India and China have decided to form a joint study group of economists and officials to establish a multi-faceted economic interaction and to enhance bilateral economic cooperation. "Our governments have decided to make a concerted effort to move our economic cooperation to greater …
NEDFi accepts Manipur Govt`s idea of model village
The Manipur Government is comtemplating creation of a model village along the lines of the Gramin Bank in Bangladesh to assist people living in remote areas of the state. The idea has been mooted to the North Eastern Development Financial Corporation (NEDFi) chairman and managing director J P Saikia when …
CCEA approves Rs 250 cr for welfare plan
In a bid to provide a boost to family welfare programmes in eight states, the Government approved an outlay of Rs 250 crores in the 10th plan. The Cabinet Committee on Economic Affairs (CCEA) today approved the plan that will benefit the states of UP, Madhya Pradesh, Bihar, Rajasthan, Orissa, …
Andhra, Karnataka officials to meet on Paragodu project
The Union government has decided to convene a meeting of officials of Andhra Pradesh and Karnataka to find an amicable solution to the contentious Upper Tunga and Paragodu projects. The Union water resrources minister, Mr Arjun Charan Sethia, announced that the meeting would be held on 25 June.
`No State Govt. can borrow money from foreign agencies directly`
In the face of stiff criticism from the economic cell of Bhartiya Janata Party over a loan taken from the Asian Development Bank, the Madhya Pradesh Government has issued a statement clarifying that no State Government can borrow money directly from international lending agencies.
Implement development projects: Minister
The Kerala Industries Minister, P.K. Kunhalikutty, has said that 50 per cent of the policy decisions being taken by the Cabinet, Legislative Assembly, with regards to the budget and collective decisions being taken in the State are not being implemented. He said, "this is a bad trend and should be …
Plan for backward districts soon
After differences between the Planning Commission and the finance ministry stalled the government's ambitious Rashtriya Sam Vikas Yojna for a year, the Bihar and Orissa packages of the scheme are heading to the Union cabinet. The scheme is expected to come up when the Cabinet Committee on Economic Affairs (CCEA) …
Promoting radio for self-governance
To promote engagement of citizens with Panchayati Raj institutions and to strengthen the information needs of the Gram Sabha for empowering the village community about the rights and duties of the Panchayat, Participatory Research in Asia (PRIA) has been promoting the use of radio for local self-governance.
Rs 400 cr package likely for Bihar
The Union Government is likely to provide Rs 400 crore financial assistance to Bihar under the Development Reform Facility (DRF). In a bid to get the Bihar package cleared, four Union Ministers from Bihar, Nitish Kumar, Sharad Yadav, C P Thakur and Shatrughan Sinha had called on the Planning Commission …
Skill development fund to eradicate poverty mooted
The Govt has suggested setting up of an International Skill Development Fund with active assistance from developed countries to stamp out poverty in developing countries, the Union Labour Minister, Mr Sahib Singh Verma, said. ''We need to give the poor access to training opportunities at affordable costs. Therefore, we have …
Maharashtra Plan fixed at Rs 12,050 cr
The Planning Commission pegged the Maharashtra core plan outlay for 2003-04 at Rs 12,050 crore. The decision follows a meeting between the Deputy Chairman Planning Commission, Mr K C Pant, and State Chief Minsiter Mr Sushi Kumar Shinde in New Delhi.
Inflow into Hemavathi reservoir increases
Hemavathi reservoir recorded an inflow of 163 cusecs of water following rain in Mudigere taluk of Chikmagalur district of Karnataka. The reservoir had an inflow of 78 cusecs. Meanwhile, Alur and surrounding villages recorded an average rainfall of 6 mm. Intensity of rain in the coastal region has decreased after …
112 cr Annual Plan for Ladakh area
The annual plan for frontier Ladakh region of Jammu and Kashmir for the fiscal year 2003-04 has been fixed at Rs 112 crore, with a step up of Rs 10 crore over the previous year's plan of Rs 102 crore.
Kerala says `no` to river-linking plan
The Chief Minister, Mr A.K. Antony, has said that the Kerala State Government has informed the national taskforce on interlinking of rivers, headed by Dr Suresh Prabhu, that the proposal to link two of its rivers, Pampa and Achenkoil, with Vaippar in Tamil Nadu was not acceptable to it. Answering …
Seoul world`s 8th most costliest city
Tokyo has replaced Hong Kong as the world most expensive city, while Seoul ranked in eighth place, up one notch from last year, according to the latest cost of living survey by Mercer Human Resource Consulting, a global consulting organisation.
