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 …

Rajasthan plans to develop model villages

In an attempt to encourage integrated growth of agriculture, the Rajasthan Government has decided to develop one village each in the panchayat samitis across the State as "model village" where the combined work on farming, land conservation, seed development, forestry, and water and power supply will be taken up. The …

Hazare defers stir till Aug. 15

Issuing a final ultimatum to the Congress led DF government in Maharashtra, noted social worker Anna Hazare deferred his proposed agitation till August 15 to highlight corruption and various "social issues'. The anti-corruption crusader had earlier threatened to resort to a stringent agitation, commencing from Feb 20, at the historical …

Awaiting winds of development

Banjari has been in existence for about 25 years now but it is yet to get the status of a village in Chhattisgarh. Winds of decentralisation, as ensured under the Panchayati Raj system, are yet to touch this corner of the country, though neighbouring Lohardih has seen a transformation for …

`Statehood draft a desperate move`

Giving a clear indication that the issue of full statehood for Delhi would generate a lot of heat in the forthcoming Assembly elections in the Capital, senior BJP leaders alleged that the Delhi Cabinet's approval of the draft proposal for Statehood was nothing but a desperate move by the Sheila …

`Order on water release will be okayed`

The Karnataka Chief Minister, S.M. Krishna, defended the State Government's handling of the Cauvery waters issue and the Veerappan menace, and rejected any suggestion for defying the Supreme Court and the Cauvery River Authority on water release to Tamil Nadu.

Rs 29 crore released for UP

The Ministry of Rural Development has released Rs 29 crore as second instalment to 12 districts of Uttar Pradesh under the first stream of the Sampoorna Grameen Rojgar Yojana (SGRY) for the year 2002-03. The 12 districts have also been released more than 15,000 tonnes of rice and above 26,000 …

Under fire

The European court of first instance in Luxembourg recently refused to shield three of the world's largest tobacco companies from legal action linked to cigarette smuggling. The move was initiated by the European Commission and backed by a majority of eu member states. Philip Morris, RJ Reynolds and Japan Tobacco …

Commission for healthonomics

india has finally taken note of the correlation between health and economic deve-lopment. The Union government has set up the National Commission on Macro-economics and Health to understand the link between the two. The panel will be jointly co-ordinated by the Union ministry of health and family welfare (mohfw) and …

BWSSB to launch pilot project on unaccounted for water supply

As part of its long-drawn out plan aimed at fulfilling its promise of providing daily water supply to the City, the Bangalore Water Supply and Sewerage Board will launch a Rs 47 crore pilot project on

NABARD sanctions Rs 83.93 crore for projects

The National Bank for Agriculture and Rural Development has sanctioned Rs 83.93 crore for system improvement in power sector, irrigation and rural bridge projects in the state under Rural Infrastructural Development Fund. In a statement issued, NABARD chief general manager C R Patnaik said the bank has sanctioned Rs 24.91 …

Gogoi seeks special development package

Chief Minister Tarun Gogoi has requested the chairman of the 12th Finance Commission to provide a special economic package to Assam State for infrastructure development, flood control and improving road communication. An official release said that Gogoi recently met commission chairman Dr C Rangarajan in New Delhi and stressed the …

Mandya farmers plan padayatra to Blore

The Mandya Zilla Raitha Hitarakshana Samiti will take out a

Neeru Meeru flopped, says Naidu survey

The much hyped Neeru Meeru scheme taken by the Andhra Pradesh state government with a massive investment of Rs 1,650 crore has failed to yield any results and hence, has not received any appreciation from the people.

CM to launch Rs 69.20 cr rural projects in Erode

Tamil Nadu Chief Minister J Jayalalithaa will inaugurate Rs 69.20 crore worth rural development projects during her visit to the Erode district, District Rural Development Agency Project Officer R V Shajeevana has said.

Nabard loan for rural infrastructure

The National Bank for Agriculture and Rural Development (Nabard) has sanctioned loans aggregating to Rs 1,052.95 crore towards creation of rural infrastructure in 16 States across the country. This was decided at Nabard's 62nd meeting at New Delhi chaired by its Chairman, Mr Y.C. Nanda, and attended by senior Finance …

Schemes for 8 UP cities okayed

The Central Government has approved a scheme of Rs 5.76 crore for development of eight cities in Uttar Pradesh and also released Rs 2.88 crore as its share for this scheme. About 150 small and middle-sized cities and towns would also be covered under the scheme.

BIS adopts EU norms for water

The Bureau of Indian Standards (BIS) has adopted the European Union norms for bottled packaged water. Issued on Monday (10th Feb) the norms stipulate that the individual pesticide residue should not be more than 0.0001 milligram per litre (mg/litre). BIS has also junked its earlier testing method and gone in …

$220-million World Bank package for Andhra

The Andhra Pradesh government would receive a $220 million World Bank loan to implement second generation economic reforms. The

Governor hails M.P. Governments move to decentralise power

Addressing the State Assembly on the opening day of the budget session, the Madhya Pradesh Governor, Bhai Mahavir spoke at length about the government's "achievements' in priority sectors like agriculture, education , and health. The Governor also gave full credit to the State Government for its multi-directional strategy aimed at …

MP human development report

The former President, Mr K R Narayanan, on Friday, released the third Human Development Report of Madhya Pradesh at a simple function at the auditorium of the new building of the State Assembly.

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