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 …

Global economic recovery

The International Monetary Fund's forecasts of global economic growth, put out twice a year in the World Economic outlook(WEO), have rarely turned out to be very accurate estimates. But the forecasts contained in the April 2002 edition of the WEO are of particular interest since there are signs that the …

India remains 4th largest economy

India has retained its position as the world's fourth largest economy after the US, China and Japan, according to a World Bank report.

Tiwari pulls up DRDOs for not using funds

The Uttaranchal Chief Minister, Narain Dutt Tiwari, has taken strong exception to the District Rural Development Organisations(DRDOs) in the state failing to utlise the funds allocated for development works during the fiscal year. Out of the Rs. 150.47 crores sanctioned, the DRDOs surrendered Rs 48.47 crores siting no specific reason …

Public hearing for justice

Villagers of Malanpur and Ghirongi industrial growth centre in the backward district of Bhind in Madhya Pradesh, were promised jobs and better civic facilities when the state government acquired their land for development of industrial growth centre. Two NGOs, PRIA and Janhit, organised a public hearing for raising various issues, …

New pollution monitor

A Swedish firm on Friday displayed some modern techniques for monitoring air quality. In the system currently used in Delhi, air samples are collected and then analysed for their deadly contents. But in the new DOAS differential optical absorption spectroscopy system used in the Swedish machines, a beam of light …

' Vision Plan' plan on the anvil in Uttaranchal

A number of industrialists from various parts of the country have shown interest in establishing units in Uttaranchal and the Government is preparing an ambitious ' vision plan' to promote industrial development till the year 2020. Disclosing this at the first state level meeting of Udyog Mitra, the Chief Minister, …

Fund diversion choking Chilka ecology

Restoration of Chilka's badly undermined ecological balance is the crying need of the hour but Asia's biggest brackish water lagoon continues to suffer from gross official neglect, symbolished among other things, by diversion of funds meant for its development. The Comptroller and Auditor General's (CAG) report on this account has …

Delhiites gasping for breath again

The air pollution level in the Capital has spiralled again with nearly 5000 diesel buses back on the road, after paying Rs 500 fine for plying each day. Pollution levels in Delhi had dropped dramatically after nearly 6,000 diesel-powered buses went off the road, following a Supreme Court order on …

Financing development

Though the prescriptions for improvement of the plight of the developing world are widely known and debated, poverty reduction across the globe remains an elusive goal, lacking in political will. The United Nations Conference on "Financing for Development", held at Monterrey, Mexico, in the third week of March, provided ample …

Controversial Canal

While coming down heavily on the "Greater Thal Canal Project', the Karachi city district government in Pakistan has asked the federal government to stop its construction immediately. The city council in its resolution indicated that lakes, canals and water of Indus river had been a source of irrigation for land …

CM to start village contact drive from Jabalpur on April 20

Madhya Pradesh Chief Minister Digvijay Singh would start this years village contact programme from Jabalpur. His helicopter would land in any village falling under Jabalpur district on April 20. He will also address a meeting of the officials at Tarang auditorium the same day.

SAARC finalises action plan on poverty

South Asian nations agreed on Tuesday to a plan to fight poverty in a region where two countries, India and Pakistan, have nuclear weapons but 500 million people live below the poverty line. But the "action plan" agreed by seven-nation South Asian Association for Regional Cooperation, long hamstrung by tension …

State Government convenes two-day all-party meet from April 17

The State Government has convened an all party meeting on April 17 and April 18 to discuss the draft amendments proposed to the Karnataka Panchayat Raj Act, aimed at bringing more reforms towards achieving a higher degree of decentralisaton of power.

SAARC meet on poverty reduction opens in Pak

Pakistan President Musharraf called on South Asian countries to boost regional trade at the opening of a two day regional conference on poverty reduction. Trade among the SAARC countries is less than 5.0 percent.

Gehlot to monitor urban development project

The Rajasthan Chief Minister, Ashok Gehlot, today called upon the state officials to treat the Rs 1,529 crore Asian Development Bank sponsored Urban Infrastructure Development Project as a major challenge and implement it strictly within the stipulated timeframe. The scheme is to be implemented in all the six divisional headquarters …

Mandatory rain water campaign deadline to be extended, says CGWA

Unable to draw response from the people and industrialists on the issue of the mandatory Rain Water Harvesting, the Central Ground Water Authority (CGWA) is contemplating to extend the deadline of March 31 again. Earlier also, the Authority had once extended the deadline from December 31, 2001. Since the CGWA …

' Poor states have better social services '

High income states in country do not provide basic social services as effectively as states with lower income do. According to a survey by the Public Affairs Centre the southern and western states have out performed others on the basis of political leadership, stable regimes, disciplined bureaucracy and greater involvement …

Andhra Pradesh writes to Karnataka on water

The Andhra Pradesh state government has written a letter to the Karnataka Government objecting to the excess use of Tungabhadra waters, according to Major and Medium Irrigation Minister Kadiam Srihari.

More villages to be covered under IGPES

MLA, Brij Behari Pateriya said that under Indira Gandhi Poverty Eradication Scheme(IGPES), many more villages of Devari region, Madhya Pradesh will be covered.

Rural development funds

Union Minister for Rural Development M Venkaiah Naidu's criticism of the State governments of the north-eastern States for their failure to judiciously utilise the rural development funds allotted by the Central government is well-founded considering the massive irregularities taking place in the implementation of the rural development schemes in the …

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