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 …

Special Rajasthan session on Panchayati Raj

A special session of the Rajasthan Assembly will be convened in August this year to discuss the steps needed to strengthen Panchayati Raj institutions in the State. Cutting across party lines, the members are expected to provide valuable suggestions to ensure an effective role of panchayats in governance.

Rs 250 cr. for rural industrialization

To generate employment in rural areas of Uttar Pradesh and to develop entrepreneurial skills among the rural unemployed youth, Rs 250 crore will be invested under the Rural Employment Generation Programme (REGP), a wing of Khadi and Village Industries Commission (KVIC), during the current financial year. In UP as many …

Special package soon for Bihar : Pant

The 2002-03 Annual Plan for Bihar has been fixed at Rs. 2,900 crores at a meeting in Delhi today between the Deputy Chairman of the Planning Commission, K.C. Pant, and the State Chief Minister, Rabri Devi. The meeting also decided to fix the Tenth Plan outlay for the State at …

Water harvesting: Tuglaqs did, govt. does'nt

When you see a 600-year-old water harvesting structure being encroached upon and used as a garbage dump, it is difficult to give any credibility to the Delhi government's enthusiasm for water harvesting. Mahipalpur village, at the southwest end of Vasant Kunj, is home to one of the oldest and most …

5,750 crore Annual Plan finalised for Tamil Nadu

The 2002-03 Annual Plan for Tamil Nadu was finalised at Rs 5,750 crores at a meeting in New Delhi today between the Deputy Chairman of the Planning Commission, K.C. Pant, and the Chief Minister, Jayalalithaa.

Rs 1.16 crore allocated for Guna

The Madhya Pradesh state government has allocated an amount of Rs 1.16 crore for public participation programmes in the Guna district. The amount is earmarked for the development works provided that there should be public participation.

Punjab's Annual Plan fixed at Rs 2,743 crore

The 2002-03 Annual Plan for Punjab has been fixed at Rs 2,743 crores while the Tenth Plan outlay has been finalised at Rs 18,657 crores. Deputy Chairman of Planning Commission, K.C. Pant said the existing schemes should be dovetailed and new elements introduced. In this context, he suggested that bio-technology …

Haryana tops in use of funds for rural areas

The Haryana Chief Minister, Om Prakash Chautala, today claimed that the State ranked first in utilisation of funds under various rural development schemes of the Union government during 2001-2002. He also announced a number of policy decisions to further strengthen the infrastructure in rural areas.

Annual plan for U.P. fixed at Rs 7,250 crore

After a meeting in Delhi between the Deputy Chairman of the Planning commission, K.C. Pant and the Uttar Pradesh Chief Minister, Mayawati, the Annual Plan for 2002-03 for the U.P. State was fixed at Rs 7,250 crores on the basis of identificable resources.

UP's 10th plan outlay cut by Rs 1,150 cr.

Following the consistent failure of Uttar Pradesh government resources for financing the 9th five year plan, the Central Planning commission has reduced the outlay for the 10th five year plan which commenced from April 1 this year. With reduction in outlay, the growth rate during the 10th plan period has …

Krishna launches Rs 670 crore tank project

The Chief Minister, S.M. Krishna, launched the World Bank-aided Karnataka Community based Tank Management Project in Bangalore, commended the World Bank for bestowing attention to the schemes to improve rural life. The project, which had the involvement and participation of beneficiaries and the government, was only a motivator and it …

'Stronger Saarc ties must for combating poverty'

The South Asian Association for Regional Cooperation(Saarc) secretary general QAMA Rahim has urged the member countries to forge a stronger alliance to combat poverty and fight "neo-protectionist" trends in the developed economies. Speaking at the second meeting of the Independent South Asian Commission on poverty alleviation in Delhi on Wednesday.

Reducing plan outgo can affect poverty eradication: Plan panel

The Planning Commission has warned that any cut in plan expenditure by the states will seriously affect the process of poverty eradication, and has suggested that increased agricultural productivity be made a focal point of the country's development strategy.

'Rural masses an asset for development'

India's rural population should be used as an asset for the country's development with the help of information and communication technology, Nicholas Negroponte, chairman of media Labs, Massachusetts Institute of Technology and founder of Media Labs Asia said.

1.4m groups to boost rural economy

The government would take steps to form 1.4 million self-help groups to boost rural economy at the grass-root level, Union rural development minister Venkaiah Naidu said in Mangalore today.

CM launches 17th round of Janmabhoomi

The 17th round of Janmabhoomi, the TDP government's pet developmental programme focussing on community participation and self help, got off to a flying start today with Chief Minister N Chandrababu Naidu launching a Rs 2,450 crore World Bank aided poverty alleviation scheme in Andhra Pradesh.

Maharashtra to publish human development report next week

Maharashtra, which is ranked fifth among the 15 prominent States on the Human Development Index, is now set to publish its development report next week.

State Human Development report unveiled

Uneven distribution of income, dipping production levels of foodgrains, problems in the agriculture sector and urban-centric growth are the focus areas of the first Human Development Report of Maharashtra which was unveiled today.

$4.5 billion question

We are not starting from scratch. Our institutions have been substantially weakened. But they still exist,' says Hedayat Amin-Arsala, minister of finance of Afghanistan Interim Authority. Hidayat's statement has more meaning now when the interim government is struggling hard to convene the Loya Jirga and to chart out his country's …

The Die Hards

life ravaged by war and drought has one hope: resilience of a people. "A good monsoon and a bit of peace will bring Afghan's life to normal,' says J Gabriel Campbell of icimod. Take Kohistan district of Kapisa province for example. Just after usa bombarded and damaged water channels in …

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