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 …

Notices soon on water harvesting at houses

The Hyderabad district water conservation mission under the chairmanship of minister for commercial taxes K Vijayarama Rao reviewed the progress of works undertaken in 'Neeru-meeru' programme. Managing director of Hyderabad metropolitan water supply and sewerage board MG Gopal and general manager, engineering, of the rain harvesting cell of the board …

Human development index

The first ever report on human development index of Assam state, prepared by the Government of Assam on the basis of feedback from United Nations Development Programme would be shortly published. The report gives a poor reading on the state's human capital formation on which actually the progress of society …

BJP's 'Gaon Chalo Abhiyan' flops

'Gaon Chalo Abhiyan' a statewide campaign launched by Bhartiya Janata Party in Madhya Pradesh proved to be a flop show. Even after the arrival of Union Minister of State for Coal Mine and Law Ravishankar Prasad, BJP leaders and workers were not able to gather more than 500 rural people.

Rural Ministry may cut funds to States

The Ministry of Rural Development will cut funds of the District Development Rural Agencies (DRDAs) who had not lifted even the first installment of funds for projects in their states. Unless the DRDAs concerned submitted their project proposals by December 31, they would stand to lose funds, the Minister for …

CPCB to states: Harvest Rainwater

Efforts are being stepped up for the conservation of water resources. Taking new measures in this direction, the Central Pollution Control Board has asked the States to consider including provisions of rooftop systems as a condition while issuing consent and no objection certificates to industries. Pointing out that rainwater harvesting …

Report on auto fuel policy today

The final report of the expert committee on an automobile fuel policy, advocating the continuation of liquid fuels as the main fuels as the main fuels, is likely to be presented to the petroleum ministry tomorrow(Sept 25). The report, however says alternative fuels should be introduced in highly polluted cities …

Implement economic development programmes, says Digvijay

Madhya Pradesh Chief Minister Digvijay Singh has directed that a well defined strategy should be evolved for time bound implementation of economic development plans in the State. He stressed the need for more vigorous implementation of economic development programmes to achieve the targets within a specific time limit.

Rs 3,154 crore aid for five crisis ridden States

With most States running into deep fiscal crisis, the Union Finance Ministry announced medium team loans for five crisis ridden states to fund their 'opening deficit'. The total assistance being extended works out to Rs 3,154 crores. As the Ministry's decision, Rs 878 crores will be extended to West Bengal, …

Village sans any development

The Gidia village, which has been included in the Raghogarh municipality, Madhya Pradesh after been excluded from the Pagara panchayat, shows little sign of development taking place. On one hand no government school exists for the education of the children and on the other hand the villagers are totally unaware …

Himachal tribal areas brought under PDS

Almost all tribal areas in Himachal Pradesh have been brought under a strengthened Public Distribution system(PDS) to ensure supply of essential commodities to the people living in the remote areas. The government has subsidised transportation of salt to remote and tribal areas.

State planning commission approves development schemes

The Madhya Pradesh state planning commission has approved fund worth Rs 24.39 crore for various development schemes for different departments. The fund also includes allocation for refurbishing three playgrounds in the state government. Sources added that the biggest allocation was made for school education department, which will be given Rs …

9 Central schemes to be transferred to States

A special sub-committee of the National Development Council has decided to transfer nine Centrally sponsored schemes(CSS) to the States for implementation during the Tenth Plan period. The meeting held under the chairmanship of the Deputy Chairman of the Planning Commission, K.C. Pant, on Wednesday also decided that out of the …

World development report praises Bengal achievements

The World Development Report 2003 (WDR) released by the World Bank has highlighted the role of two social developments in West Bengal which have contributed to the emergence of a sustainable development model in the Third World.

Nine central schemes transferred to states

The National Development Council's committee on transfer of centrally-sponsored schemes to states approved the transfer of nine schemes to states. These schemes, which amounted to around Rs 6700 crore during the Ninth Five Year Plan will be transferred to states.

Declining poverty

While there has been a significant drop in India's poverty levels during the 1990s, the big question is whether this downtrend will persist in the future.The government thinks so, expecting the percentage of people below the poverty line to fall to 19 per cent by 2007 from 26 per cent …

Poverty level may slide to 19% by 2007

The Planning Commission has projected an 8 per cent decline in poverty levels during the next five years with the percentage of the BPL people expected to go down to 19.17 per cent by 2007 from 27.01 per cent estimated in the 55th round of consumption survey conducted by the …

Tough industrial target in Tenth Plan

The Tenth Plan has set a 10 per cent industrial growth target during 2002-07. To achieve this, companies will have to go in for global benchmarking and use opportunities in the export market, says the initial draft of the Plan. The low productivity is caused mainly by endogenous factors, with …

Russia, Iraq to sign $40 billion trade deal

Russia said it was set to sign a $40 billion economic and trade cooperation agreement with Iraq in a move that could complicate Washington's plans to deal with Leader Saddam Hussein.

IFC dollars to raise human dignity : CM

The Punjab Chief Minister, Capt. Amarinder Singh, affirmed that the International Financial Consortium(IFC) has in principle approved a financial involvement of US $ 1 billion in the State. The Punjab Chief Minister, during his recent visit to the USA, has made a presentation to the IFC for three projects involving …

Trade scheme may aid Balkans stability

The seven countries of the Central European Free Trade Agreement (Cefta), the main vehicle of economic co-operation in central and eastern Europe, are considering expanding their activities in a way that could help build economic stability in the Balkans.

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