Development

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India to be third largest economy by 2020, says top ADB official

The Asian Development Bank (ADB) Managing Director General Rajat M Nag on Thursday said that the way India's growing, it is quite possible that by year 2020 it will become world's third largest economy. "In 2008, India ranked world's 12th largest economy at $1.2 trillion.

Date:: 12/03/2010
Source:: Pioneer (New Delhi)

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Development projects launched in Kolar taluk

Legislator Varthur Prakash launched various development projects on Tuesday in K B Hosahalli, Uddippanahalli and Lakshmisagar.

Construction of concrete road at a cost of Rs five lakh in K B Hosahalli, concrete road at a cost Rs 10 lakh in Lakshmisagar and panel board installation to the borewells in Uddippanahalli were the projects inaugurated.

Date:: 11/03/2010
Source:: Deccan Herald (Bangalore)

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Parekh to head panel on slum redevelopment

The government has decided to refer the draft guidelines of its ambitious Rajiv Awas Yojana (RAY), a scheme to make India slum-free, to an independent panel. The eight-member expert panel, headed by HDFC Bank chairman Deepak Parekh, has been asked to give its recommendations within a month from its first meeting.

Date:: 10/03/2010
Source:: Indian Express (New Delhi)

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Rs 48-cr surplus Budget for R’sthan

Jaipur: Rajasthan Chief Minister Ashok Gehlot today presented a surplus Budget of Rs 48 crore, focusing on poor, farmers, potable water, power and health sectors. However, he has given a jolt to urban population by increasing power tariff and tax on four-wheelers.

Date:: 10/03/2010
Source:: Tribune (New Delhi)

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Busting urban legends: if India is so smart, then how come it is so rural?

France was only 55 per cent urban in the 1940s; so were large parts of Europe. Today, France, Italy and Spain, not to mention Germany and Scandinavia, are only 2-3 per cent rural. This is an indication of their prosperity. Latin America has just driven in to the smart set. Its high speed urbanisation, like a souped-up limo, touched 85 per cent at various stretches.

Author(s):: Dipankar Gupta
Date:: 10/03/2010
Source:: Times Of India (New Delhi)

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City prospers, sharp rise in vehicles

Per Capita Income Grew By Rs 8,452 In ’07-08 Over Previous Yr
TIMES NEWS NETWORK

Date:: 10/03/2010
Source:: Times Of India (New Delhi)

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State may fail to fulfil UN goals

Ranchi, March 9: United Nations’ Millennium Development Goals (MDGs) are still a distant dream in Jharkhand.

According to members of Wada Na Todo Abhiyan (WNTA) — a forum of NGOs and social activists, Jharkhand, Bihar, Uttar Pradesh and Madhya Pradesh lagged behind other states in achieving the MDGs.

Date:: 10/03/2010
Source:: Telegraph (Ranchi)

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Team packs bag for FTA talks in Bali now

THE proposed pact on liberalising trade in services and investment flows between India and the Asean, which is expected to result in increased opportunities for Indian professionals, is set to get a push at a senior officials meeting in Bali at the end of the month. Attempts would be made to tie all lose ends of the ongoing negotiations at the meet.