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 …

PMs Rs 553-cr package for HP

Prime Minister A.B. Vajpayee has announced an additional financial package of Rs 553 crore for Himachal Pradesh. He made the announcement while talking to mediapersons before leaving Manali after his six-day sojourn today.

Meet on development

A conference on 'Media, Information Technology and Grassroot Development' will be held in Bangalore on mMay 23 marking the 40 th anniversary celebrations of the Press Institute of India. A seminar themed 'Social and developmental issues arising from attempts to spread IT to rural and remote areas will follow teh …

Haryana sets aside Rs. 36 crore for schemes

The Haryana Urban Development Department has earmarked over Rs 36 crores for providing financial assistance to the municipalities for their various schemes during the current financial year. The schemes under which the funds have been provided include Environmental improvement of Urban Slums, Ad Hoc Revenue Earning Scheme, Integrated Development of …

World Bank funds for Kendrapara unused

World Bank funds for rebuilding roads in Kendrapara, damaged in the 29 October, 1999 super cyclone, continue to lie idle even as the road condition in the district headquater town has gone from bad to worse. World Bank had streamlined a little more than Rs one crore for renovation of …

For efficiency sake, Centre releases a citizens charter

The ministry of personnel and public grievances on Wednesday came out with "citizens' charters," containing relevant information of different sectors that have a large public interface in order to help the citizens in getting their works done properly in different government departments. The citizen's charters having the names and addresses …

Clean conversion

Argentina's economic crisis has proved to be a blessing in disguise for the country

Bacterial blot

it is widely believed that coral bleaching is an epidemic which may soon kill half the world's reefs as climate change raises sea temperatures. What has been recently found is that some bleaching may actually be an infectious disease spread by a worm. Israeli scientists say they have studied a …

The shadow of a calamity

among disasters, drought is the easiest to predict and manage. The Indian Meteorological Department's forecast of a "below normal' monsoon in 2003

State irrigation department team to meet Prabhu

To chalk out plans for linking Narmada and Kshipra rivers, a delegation of Madhya Pradesh State irrigation department will hold discussions with Central River Linking Project Committee head Suresh Prabhu.

Govt. signs MoU on Human Development Report

In the first ever such initiative in the country, the Delhi Government today signed a Memorandum of Understanding with the United Nations Development Programme(UNDP) and the Planning Commission to bring out the first Human Development Report for Delhi. The aim behind this focused and coordinated exercise is to articulate concerns …

M.P. roads body awarded by HUDCO

The Madhya Pradesh Rural Road Development Authority has been awarded for outstanding performance by the Housing and Urban Development Corporation (HUDCO).The Madhya Pradesh Minister for Rural Development, Ajay SIngh, today displaued the shield received from HUDCO and told the Chief Minister, Digvijay Singh, that an independent monitoring committee appointed by …

2003 is Year of Freshwater

The Ministry of Water Resources has declared 2003 as the Year of Freshwater. As part of the programmes organised to spread awareness about the importance of fresh water, Ministry officials made a presentation to the 2,000 recruits of Delhi Police in Jharoda Kalan. Officials from the Delhi unit of the …

Madhya Pradesh annual Plan fixed at Rs 5,703 cr

The core size of the Madhya Pradesh annual plan for the current fiscal has been fixed at Rs 5,703 crore with the option to hike it further if the State is able to raise its own resources. This was arrived at a meeting between the Planning Commission Deputy Chairman, Mr …

Kerala Plan outlay fixed at Rs. 4,430 crore

The Planning Commission has approved an annual plan outlay of Rs 4,430 crores for 2003-04 for Kerala. This includes the Normal Central Assistance of Rs 508.15 crores, the Additional Central Assistance of Rs 300.18 crores, and an ACA for external aided schemes worth Rs 925 crores.

Centre to convene Cauvery panel meet soon

The forecast of a below average monsoon does not augur well for sharing of the Cauvery water between Karnataka, Tamil Nadu, Pondicherry and Kerala, especially when the storage level in the reservoirs is reported to be lower than normal. The Centre will soon convene a meeting of the Cauvery Monitoring …

Human development report on Delhi

The Delhi government will prepare a Human Development Report (HDR) for the Capital along the lines of the annual Human Development Index prepared by the United Nations Development Programme (UNDP). The report will rank the city of Delhi according to various indices and will show a comparative picture of Delhi …

CAG paints dismal picture of CPSUS` performance

The Comptroller and Auditor General of India (CAG) paints a dismal picture of the performance of central public sector undertakings (CPSUs), stating that only 139 PSUs made profits during 2001-02 and 120 incurred losses. Of the total profit of Rs 46,905 crore earned by 139 PSUs, 26 PSUs were in …

CII chalks growth agenda for Maharashtra

Maharashtra needs to go in for judicious management of its finance's to allow for the development of the economy, the CII has said. Outlining the eight point agenda for eight per cent GDP growth in the state, the Chamber has prepared a detailed report of the state's finances that outlines …

Empty coffers but poll-time is sops-time for Virbhadra

With an eye on the June 8 elections in three tribal Assembly segments, Chief Minister Virbhadra Singh has set out on a sop-giving spree. Ranging from promises of new roads and crores for development to mid-day meals for the primary school children, these are being doled out by Virbhadra, who …

State truths

Understandably, Chief Minister N Chandrababu Naidu is quite elated over the twin awards to Andhra Pradesh as the best improved State and the best consumer State at the Indita Today Chief Ministers' conclave in Delhi. As is his wont, Naidu patted himself for the State's achievements despite drought for four …

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