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 …

How committed are rich for the poor?

A new Commitment to Development Index (CDI) was unveiled recently in the United States. The index for the first time focusses on the full range of policies that affect the world's poor. It goes beyond factors such as foreign aid to include trade, investment, migration, peacekeeping and environment. The CDI …

Coconut cracker

dibyaranjan Dash, a farmer of the Puri district of Orissa, has a forlorn look on his face as he mutely watches the basis of his endurance fade into extinction. A killer has been let loose in his fields and it is ruthlessly devouring all the coconuts

1,500 cr being spent on development

A sum of Rs 1500 crore is being spent through the infrastructure Development Board to undertake various developmental projects, including the construction of link roads, railway overbridges, strengthening of major roads and construction of the buildings of hospitals and schools, in all parts of the Punjab state.

`Clean` hydrogen fuel cells could cause pollution problems

While hydrogen is touted as a clean fuel waiting to replace fossil energy sources, a new study concludes its widespread use could increase damage to the ozone layer that protects Earth from ultraviolet radiation. The report in Science magazine says such trade-offs shouldn't prevent development of hydrogen fuel cells, but …

River-linking unlikely to benefit State: Shinde

Maharashtra Chief Minister Sushilkumar Shinde opined that the state would not benefit from the Central governments ambitious project of interlinking of rivers. Suresh Prabhu, Chairman of the river-interlinking project, led the delegation.

State okays NBA demands on Sardar Sarovar project affected

The Maharashtra State Cabinet accepted the demands of Narmada Bachao Andolan leader Medha Patkar regarding the rehabilitation of tribal families affected by the Sardar Sarovar Dam project.

Plan panel approves Rs. 7,000 crore outlay for Tamil Nadu

Commending the comprehensive fiscal reforms raised by Tamil Nadu, the Planning Commission approved an over 20 per cent increase in the State's annual plan outlay for 2003-04, bringing its size to Rs 7,000 crores. As this virtually meets the State Government's demand for a rise in the outlay, the chief …

More funds for rural development

The World Bank and the Asian Development Bank have agreed to provide additional funds to the Rural Development Ministry to help in achieving the target of connecting 1.6 lakh unconnected habitations under the Pradhan Mantri Gram Sadak Yojana.

CM announces sops for villages

Announcing pre-poll sops to the rural areas of Delhi, Chief Minister Sheila Dikshit today promised to link every village to bus terminals and railway stations, to build flyovers and to also provide subsidies for fertilisers and higher compensation for acquired rural land. Launching a drive to woo the rural folk …

Variable geometry turbocharges for diesel cars

Fuel economy and environmental considerations have influenced penetration of diesel cars in European markets. The primary requirement for the choice of a diesel engine to a passenger car is the reduction of weight of the engine without affecting the performance in terms of torque, power and drivability with sufficient acceleration, …

TN annual Plan finalised at Rs 7,000 cr

Tamil Nadu's annual Plan for the current fiscal has been pegged at Rs 7,000 crore inclusive of Rs 70 crore by way of special assistance for priority schemes being undertaken by the State Government. This was decided here at a meeting between the Planning Commission Deputy Chairman, Mr K.C. Pant, …

B`lore has best quality of life, shows survey

Bangalore topped the list among seven cities which volunteered to participate in 'City Monitor', an intercity comparative survey, with its "quality of life" and "local economy" clinching the issue.

Enforce strictly

It is a measure of the backwardness and poverty of the farmers in Gulbarga district that many of them are resorting to distress sale of lands even in the command area of the Upper Krishna irrigation project. The distress sales, which would reduce poor farmers into landless labourers, have to …

Cabinet clears Rs 6,846-crore investment projects

In a major step towards implementing the investment initiatives taken at the Global Investors' Meet (GIM), the Kerala cabinet approved in principle 40 projects with a total investment of Rs.6,846 crores. The projects cleared include the Rs.1,850 crore mineral extraction of public-sector National Mineral Development Corporation, Rs.2,600 crores Kochi Refineries …

Himachal Pradesh Annual Plan pegged at 1,335 crores

Annual Plan outlay for Himachal Pradesh was finalised at Rs 1,335 crores even as the Planning Commission expressed concern over decreasing trend in overall growth of Gross State Domestic Product. The Plan outlay was finalised in a meeting of State Chief Minister Virbhadra Singh with Deputy Chairman Planning Commission KC …

Fund mismanagement leaves UPAD programme impoverished

The Rs 66-crore British Government-aided Urban Poverty Alleviation Department (UPAD) programme in the Corporation of Cochin, the only one of its kind in Kerala State, may end up as a major flop, thanks to mismanagement of funds by the Corporation. The project, aimed at slum and poverty eradication in the …

Just drive half hour from Chennai to see what a village can be

About 30 km from Chennai in Tiruvallur district, the predominantly Dalit village of Kuthambakkam is a text-book example of what Gram Swaraj can do to make sustainable development meaningful with the help of technology. A model of sustainable development, village has harnessed water, eradicated poverty, done away with huts. President …

Uttaranchal Annual Plan fixed at Rs. 1575 crore

The 2003-2004 Annual Plan for Uttaranchal has been fixed at Rs 1,575 crores. This came about at a meeting between the Deputy Chairman of the Planning Commission, K.C. Pant, and the Uttaranchal Chief Minister, N.D. Tiwari.

Gujarat annual Plan fixed at Rs 7,860 cr

Gujarat's annual Plan for the current fiscal has been fixed at Rs 7,860 crore at a meeting between the Planning Commission Deputy Chairman, Mr K.C. Pant, and the Chief Minister, Mr Narendra Modi. In his opening remarks, Mr Pant said Gujarat was one of the leading States in terms of …

LDCs adopt 16-point declaration

The second trade ministers' meeting of the Least Developed Countries (LDCs) ended on Monday( 3rd June) evening adopting unanimously a 16- point

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