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 …

Flyovers to conserve water

Besides easing traffic flow, the upcoming flyovers in Delhi will have an important contribution to make towards conserving water. To begin with, the proposed flyover at Dhaula Kuan will be equipped with an artificial water recharge system for enhancing ground water level in the area.

World Bank, DFID to provide budgetary support to Orissa

A joint mission on World Bank and Department (DFID) indicated that Orissa might be provided a substantial budgetary support to tide over its current fiscal problems. The assistance to be provided will not be project specific as has been the norm so far, the mission officials said at the end …

Missing out on human capital

The "ECONOMIC ATTAINMENT and well being" parameters of the people, depicted in the National Human Development Report 2001, make for a grim reading. Whether on employment, access to safe drinking water and toilet facilities, electricity, health-care services, or consumption levels of food and non-food articles, it is depressing that millions …

Unctad seeks demand stimulus from developed countries

The UN Conference on Trade & Development (UNCTAD) has suggested "a strong demand stimulus" from all the major industrial countries for the recovery to gain impetus and for developing countries to avoid difficulties in reaching their growth and development goals.

Lower depth

Human development reports may not be infallible socio-economic guides, but they help governments and people focus on the basics. There is cause for concern, therefore, in Assam's fall from the 10th to the 14th place in the first such nationwide report recently published by the planning commission.....Editorial

Rs 37.81 crore spent to complete 13066 works in Jammu

Over Rs. 37.81 crore have been spent on the implementation of various rural development works in Jammu division during the last financial year. As a result, 13066 different development works have been completed generating employment of 24.85 lakh mandays.

Market towns in the Hindu Kush Himalayas: Trends and Issues

THIS publication is a collection of papers on the state of market towns and their trends in some countries of the Hindu-Kush Himalayan region. The role market centres in small towns play in the urbanisation of the region, the consequent impact on livelihood, strategies for mountain development, issues of evolution …

Ecology over economics

LESTER Brown, founder of Worldwatch Institute, recently published the book 'Eco-Economy' - an ambitious and broad sketch of a new global economy that prioritises the ecological imperatives of our time. Brown refers to Thomas Kuhn who, to recapitulate, is the philosopher of science who made 'paradigm shifts' famous. It is …

Uganda

Killer Crocs Humans encroach and animals pay the price. Officials recently killed four crocodiles blamed for killing at least 40 people. Following an intense outcry from villagers, the Ugandan Wildlife Authority (uwa) was forced to send a four-man patrol team armed with semi-automatic rifles to hunt down the reptiles. According …

Paving way for a clean future

an unusual document called the Bellagio memorandum was released recently. It comprises a set of principles to guide policies for motor vehicles and transportation fuels around the world. The memorandum is unique, as it aims at best practices to benchmark progress in emissions reduction and device strategies to catch up …

Power to the poor

A world-bank-funded project in Andhra Pradesh pioneers livelihood-enabling interventions for the rural poor. Fifteen thousand barefoot professionals have to be trained - barefoot veterinarians, botanists. Livelihood business schools have to be set up, perhaps four or five per district. We need partners from among corporate and management institutions, NGOs, and …

Losers all

The Union Finance Minister, Yashwant Sinha, has been able to contain the revenue loss of the expected "rollback" amendments to the Finance Bill 2002 to an estimated Rs 2,857 cores, but the damage to the budgetary process has been done......Editorial

HC asks govt. to preserve water bodies in Capital

Concerned over the sharp fall in groundwater level in the National Capital Region, the Delhi High Court today directed Central and Delhi government agencies to preserve all the 508 identified water bodies which act as feeder channels to improve water table. The court directed government agencies to try to locate …

City maintains top position in Human Development index

According to the first National Human Development Report in the country, prepared by the Planning Commission of India, and released by Prime Minister Atal Behari Vajpayee, Chandigarh has topped the list of States and Union Territories, with a Human Development Index of 0.674.

New growth barometer

The first Human Development Report prepared by the Planning Commission has exploded the myth that income alone determines the quality of life and the level of growth. The conventional indicators like the gross domestic product and the per capita income have been proved to be incapable of presenting a complete …

NABARD sanctions Rs. 53.42 crore

The National Bank for Agriculture and Rural Development(NABARD) has sanctioned Rs. 53.42 crore to Karnataka under the Rural Infrastructure Development Fund-VIII. In a statement on Thursday, the Chief General Manager of NABARD, S.M. Gupta, said Rs. 53.42 crore had been sanctioned for 11 irrigation projects besides 73 road and 11 …

Ranking India

After a decade of an uneasy relationship with the concept of human development, the Government of India through Planning Commission has prepared the first national human development report. While countries such as Myanmar and the Central African Republic put out their national reports some years ago, India is one major …

Graft and poverty

While the United Nations Development Project has been publishing annual reports of human development indices for various criteria like adult literacy and child mortality, India's first human development report brought out by the Planning commission, which was released by Prime Minister Atal Behari Vajpayee on Tuesday, is remarkable for a …

'Life is better but regional disparities reign'

Growth is not only about increase in Gross Domestic Product (GDP), but also about human resource development. The measure of well-being of citizens is related to living a fulfilling life, ability to acquire a knowledge and enjoy a decent standard of living. The theme has been captured in the National …

Chhattisgarh plan pegged at Rs 1,787 crore

The 2002-03 Annual Plan for Chhattisgarh has been finalised at Rs 1,787 crores at a meeting between the Deputy chairman of Planning Commission, K.C. Pant and the Chief Minister, Ajit Jogi in New Delhi yesterday. The outlay for the Tenth plan for the State was projected at Rs 11,000 crores.

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