The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
Projecting an economic growth of 9 per cent for India in 2008-09, a United Nations report has said the need of the hour is to address the neglect of agriculture to bring millions out of poverty. The public policy should adopt a two-pronged approach for the purpose, taking in account …
The Cabinet Committee on Economic Affairs on Thursday gave its nod for continuation of the Social and Infrastructure Development Fund beyond 2007-08. This is to ensure that government initiatives in social and infrastructure development do not suffer for want of funds. The initiatives taken so far include upgrading 1,396 Industrial …
Focus on cost-effectiveness: Mr T. Subbarami Reddy (right), Union Minister of State for Mines, and Mr G.V. Ramakrishna, Conference Chairman, at the Infrastructure Today international conference in Hyderabad on Wednesday. Hyderabad, March 26 The National Mineral Policy (NMP), which is expected to bring in fresh investments in the mining sector, …
Haryana Finance Minister Birender Singh asserted in the Vidhan Sabha that if the rate of economic growth continues at the present level of 11.2 per cent and the 20 per cent increase in revenue receipts is also maintained, Haryana would be able to completely wipe out poverty in the next …
The Comptroller and Auditor General of India has recommended either to improve the performance or consider closure of the Madhya Pradesh Government's nine companies having poor turnover in the last five years. ''Even after completion of five or more years of existence, the turnover of nine government companies has been …
The Annual Plan outlay for Madhya Pradesh for 2008-09 was on Tuesday pegged at Rs 14,182.61 crore at a meeting between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Chief Minister Shivraj Singh Chauhan. It includes a one-time additional Central assistance component of Rs.150 crore for priority projects. In his …
State government's attempt to acquire land at Nandigram for a proposed Chemical hub may have witnessed enough bloodshed forcing the chief minister to abandon land acquisition plans there, but the Assembly standing com-mittee on Commerce and Industries today claimed that the people of Nandigram are not against industrialisation provided it …
The Leader of the Opposition in the Delhi Assembly, Jagdish Mukhi, on Tuesday termed the Delhi Budget presented by Finance Minister A. K. Walia on Monday as a document of announcements alone and not a budget in the real sense. Initiating a discussion in the House on the Budget, he …
Heading for Assembly elections later this year, Delhi Finance Minister A. K. Walia on Monday presented Budget 2008-09 which he described as "development-oriented' and one showing that "through various social welfare schemes the State wants to look after the people well'. While not imposing any new taxes, the Budget lowers …
To check undue proliferation of special economic zones (SEZs), approval given to such enclaves should be cancelled if they do not start functioning within a timeframe, a key finance ministry official said. "SEZs are essentially a good thing. Because they are helping us in inflow of investments and generating employment. …
Presenting the 2008-09 budget, West Bengal Finance Minister Asim Dasgupta on Monday announced the creation of a Rs.100-crore Special Assistance Fund for people who give their land for setting up big industries. He said that employment creation was the main objective of the budget and if realised the measures would …
Fourth budget: Haryana Finance Minister Birendra Singh presenting the budget in the State Assembly in Chandigarh on Tuesday as Chief Minister Bhupinder Singh Hooda and others look on. CHANDIGARH: Haryana Finance Minister Birender Singh presented a surplus Budget for 2008-2009 in the Vidhan Sabha on Tuesday. Presenting his fourth consecutive …
Unemployment is a common global economic malady, the level of which distinctly varies between developed and underdeveloped nations with Keynesian involuntary and frictional type in respect of developed nation and structural type in regard to an under developed country like India which attributes to maximum growth of population and insignificant …
The ongoing turmoil in the international Markets post sub-prime crisis may hamper the growth of developing nations like India and China, said Kemal Dervis, administrator of United Nations Development Programme (UNDP), in Mumbai. "A substantial slowdown in the US Economy will impact the rest of the world. Developing nations contribute …
An unusual scene: Punjab Finance Minister Manpreet Singh Badal seeks blessings from Leader of Opposition Rajinder Kaur Bhattal after presenting the Budget in the Assembly on Monday. CHANDIGARH: While the "model code of conduct' for the ensuing elections to Panchayati Raj institutions in Punjab due from April 7 this year …
Yes and no. Allocations for new projects have diminished in relative importance, but policy pronouncements continue to have an impact. In the media-surcharged atmosphere surrounding the Budget, commentators and gurus are asked to comment on the impact of the budget on various sectors. Of these, infrastructure features as a key …
The fifth (2005) round of the World Bank's International Comparison Program, which produces estimates of the gross domestic product at purchasing power parity prices, has been the most extensive and carefully monitored project so far. The preliminary estimates were noticeable for the large downward revisions of GDP estimates of China …
This paper attempts to define the common people of India in terms of levels of consumption and examines their socio-economic profile in different periods of time since the early 1990s with a view to assessing how the economic growth process has impacted on their lives. The findings should worry everyone. …
The small farmer might be the solution to the ongoing crisis in the farming sector in India. Policies need to be geared towards helping small farmers perform agricultural operations and marketing their products with greater efficiency. Instead, current policies are hoping to dispossess farmers of their livelihood and push them …
