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 …

UNDP report draws flak

The normally eulogised annual event of the UNDP--release of Human Development Report (HDR)--received its share of brickbats hours before the release of its 2001 report for being "pro-multinational" and distinctly anti-poor.

Plan for model villages

The Rajasthan Government has formulated a novel scheme to develop two villages in each district as model villages by providing them all facilities on the fronts of education, communication, drinking water, environment protection, power and health care.

West By Far East

Remember the cartoon of the European explorer in North America, waving an axe to clear forests while moving towards the west coast a few centuries ago? The slogan "exploring the west' in China has a similar ring in the ear. China now has its eyes fixed upon its wild, barren …

Haryana ranks second in rural schemes

Haryana has ranked second with 95.49 per cent utilisation of funds for centrally-sponsored rural development schemes in the year 2000-2001 followed by Tamil Nadu. According to an official spokesman, this was culled from the performance report of various States under the Rural Development Schemes for 2000-2001 released by Union Ministry …

CNG drive limited to private operators

The Delhi government's commitment to converting the city's bus fleet to CNG appears to be restricted only to buses owned by private operators. For tis own fleet, diesel-fuelled buses will suffice. Yesterday, the Delhi government launched the luxurious, urban transport "Sitibus" of the Delhi Transport Corporation. The chief minister, Mrs …

Rajasthan to set up task forces

The Rajasthan Council of Ministers today took a critical look at the performance of the State Government and resolved to set up task forces to accomplish targets in selected areas. In marathon sessions president over by the Chief Minister, Mr. Ashok Gehlot, at his official residence, they emphasised on the …

Will Bush fight for tree trade?

The looming fight for trade promotion authority-formerly called fast-track-will show how committed the US president is to free trade : a report.

Govt to review Swarnjayanti project

The functioning of the rural self-help groups and the country's flagship poverty alleviation and employment generation programme - Swarnjayanti Gram Swarozgar Yojna (SGSY) - will be reviewed at a two-day national conference being organised by the rural development ministry at Hyderabad on June 23.

NBA plans satyagraha

The Narmada Bachao Andolan (NBA) plans to launch a satyagraha on July 5, seeking full rehabilitation of all those affected by the Sardar Sarovar Project (SSP). The NBA will also seeks that the dam construction not be allowed beyond 90 metres. NBA leader Medha Patkar said at least 5,000 families …

Performing states likely to get more aid

In a move aimed at encouraging the states to improve their performance, the government is planning to modify the Gadgil-Mukherjee formula used for calculating Central assistance given to the states by increasing the performance weightage by 10 per cent. To provide for the 10 per cent increase, there are plans …

Brussels considers new rules on imports

The European Commission proposed changes to its preferential import regime for developing countries to make it more user friendly and to encourage beneficiaries to apply tighter labour and environmental standards.

ILO moots team to air social fears on global trade

A significant obstacle to the launch of new World Trade Organisation talks could be removed if a proposal by the International Labour Organisation for the creation of a commission on the social dimensions of globalisation is approved.

Learn from Cuba, says World Bank

By making impressive improvements in the health and education areas, Cuba is proving wrong the World Bank's dictum that economic growth is a pre-condition for improving the lives of the poor : a report.

'WTO must heed the poor world'

Alec Erwin, South Africa's minister of trade and industry, warned that the existence of the World Trade Organisation would be threatened if its annual meeting in Doha in November followed the inconclusive course of the Seattle talks two years ago.

Pollution still tops the agenda

By ruling out the retrofitment and conversion of the diesel bus engines to Compressed Natural Gas, the Delhi government seems to be committing a volte face. It is not only trying to distance itself from the Nugas Technology, which it had previously promoted, but has also left a large number …

U.N. meet on urban poverty from today

Every other person in the world today lives in a city. Of these, one-third live in slums or sub-standard housing and are poor. How nations deal with this rapid pace of urban growth and the crisis of urban poverty is the subject of a meeting at the United Nations this …

Pawar seeks WB help to replicate Warna Wired Project in Baramati

Nationalist Congress Party president Sharad Pawar is seeking to replicate the Warna Wired Village project in Baramati with the help of the World Bank and bring internet connectivity to 100 villages.

Himalaya s human face

The magic of the Himalaya is heady. It has led many researchers and travelers to record their impression of this mountain range. Himalaya : Life on the edge of the world, is one such labour of love by David Zurick and PP Karan both professors of geography at the Eastern …

Saarc meet 1st step for Indo-Pak talks

The forth-coming Saarc meeting at Colombo will set the state for the summit between Prime Minister Atal Behari Vajpayee and Pakistan's chief executive Parvez Musharraf. It is now confirmed that foreign secretaries of India and Pakistan will hold bilateral discussions on the sidelines of the meeting. The obvious agenda of …

GM de Mexico wins international prize for comprehensive water conservation

A General Motors plant in Mexico has been awarded the prestigious Stockholm Industry Water Award for 2001, for environmental management techniques that conserve the area's scarce water resource, whilst increasing the productivity of the facility.

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