Rs 537 cr Nabard aid for rural infrastructure
National Bank for Agricultural and Rural Development (NABARD) has sanctioned RS 537.21 crore for strengthening rural infrastructure in 13 states. These sanctions which were made by the project sanctioning committee were from the Rural Infrastructure Development Fund (RIDF).
Telecome access to all villages by 2002
Paswan: Union communications minister Ram Vilas Paswan has said that village public telephone(VPT) would be provided to the four southern states by March 2001.
IMF, World Bank set out turf rules
The International Monetary Fund and World Bank responding to criticisms about the way they handeled the financial crisis of the 1990s, issued a joint declaration aimed at improving the way they worked together. The statement from James Wolfensohn, the World Bank president and Horst Kohler, the IMF managing director, represents …
Gyandoot project gets Stockholm award
The Gyandoot Project of Dhar district in Madhya Pradesh has bagged the prestigious Stockholm Challenge Award in the Public Service and Democracy category.
IMF pat on India's back
International Monetary fund chief Horst Kohler on Tuesday gave the Vajpayee government a clean chit for its pro-reforms credentials and commitments, and declared that India can achieve an 8-10 per cent annual economic growth in three to five years.
S Asia growth credit goes to India
WB : The World Bank said India's 6 percent growth in gross domestic product (GDP) has spurred a 5.8 percent growth in South Asia in 1999, but sounded a warning about the country's fiscal deficit. Ashoka Mody, who prepared the World Bank's just released annual Global Developent Finance Report, told …
Ilam Hydel Project starts service
Ilam Hydel Project in Nepal has started power production on commercial basis following phase-wise successful test operation of various equipment installed at its power house. The power generated from the project has been fed into the central grid since April 4.
Rural poverty rises by 3.42 per cent
Rural poverty rose by 3.42 percentage points in the first seven years of the current decade. However, urban poverty has declined marginally by 1.32 per cent, according to the 53rd round of the National Sample Survey(NSS) data for 1997(January to December).
40 new bores to be drilled in Jamnagar
The Jamnagar district authorities have planned to drill 40 new bores in four dam areas, to augment supply of water to the city in view of the possible drying up of Aji3- the only remaining source of water at Rajkot, by early next month. The administration has forwarded a proposal …
Democracy 'vital to human development'
Democracy and fundamental freedoms are as essential to reducing poverty and promoting human development as economic growth and access to basic services, the United Nations Development Programme says in its annual Human Development Report. Mark Malloch-Brown, UNDP administrator, said the problems of poverty would never be solved unless the poor …
UN adopts Amartya's mantra
Nobel Economist Amartya Sen has for decades passionately advocated the unfashionable theory that without political freedom and human rights the poor cannot get out of the poverty trap, that in fact they need it more to prevent abuse and exploitation than the rich and the middle-class.This has now been formally …
Govt to build model villages
The Sikkim State Government has decided to creat a model village in each of the 30 constituencies in the State with a view to improve the living conditions of the rural poor.
Plan panel promises human development report by year-end
On Thursday, the UNDP will come up with its annual Human Development Report on India. But India, still awaits its own. After being hauled up by the Lok Sabha's standing committee on finance for its tardiness, the Planning Commission now says the Human Development Report will be ready by this …
Multinational guidelines revised
Some 30 industrial countries reached agreement on new international guidelines for multinational business covering areas from human rights to the environment, according to sources close to the talks. Mexico had threatened to scupper the agreement at the Organization for Economic Cooperation and Development because it disagreed with the way they …
UN calls for pro-poor growth, open mkts to combat poverty
UN secretary-general Kofi Annan, in a joint publication with the heads of OECD, IMF and the World Bank, has called on nations to combat global poverty. The report states 1.2 billion people are living on less than $1 a day and an additional 1.6 billion people live on less than …
World Bank withholds review of China loan
The World Bank abruptly cancelled plans to make public a highly critical review of $40 million loan to China for relocating 58,000 poor rural families in areas in a western province populated mostly by Tibetan herders. Bank officials said the review was accompanied by a letter from World Bank President …
Drought takes Udaipur back to some centuries
The drought led to misery all over Rajasthan but for Udaipur, it unearthed new historical facts. While desilting the Pichola lake which is about 400 years old, the city administration dug out idols and carvings dating back to an era before Maharaja Uday Singh, the man who laid the foundations …
Oxfam attacks failure to meet poverty pledges
There would be 1.7m fewer child deaths this year had the world's governments met pledges made at the 1995 social development summit on Copenhagen, says an Oxfam report. None of the anti-poverty commitments made in Copenhagen are likely to be met by the target year 2015, according to Oxfam, the …
Dam oustees seek land from HP govt
Members of the Pong Dam Oustees Rehabilitation Advisory Committee has strongly urged the Himachal Pradesh government to immediately clear the issue of allotment of land to the oustees, numbering about 1500, at Ramgarh in Rajasthan.
Paradip port all set for corporatisation
Paradip port has put behind the super cyclone which devastated the Orissa coast in November last year and is making ambitious moves to grow into a mega port with cargo handling capacity of over 100 million tonnes through a strategy of corporatisation and port-privatisation.
