Economic Development

State of the Climate in Asia 2024

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 …

Budget to focus on women, farmers

THE upcoming Union Budget should have a special focus on women and farmers. This message was conveyed by Congress chief Sonia Gandhi while speaking at a function in her constituency, Rae Bareli, on Wednesday, where she expressed certainty that finance minister P Chidambaram would "keep the common man's difficulties, especially …

FMs options for achieving 9% growth

AFTER putting up a rather robust macroeconomic performance over the past five years, the Indian economy is now facing some challenges. One expects that the finance minister will address these challenges in a manner that the economy is able to sustain the 9% plus growth trajectory uninterrupted. First of these …

Stable SEZ policy must to enhance exports: EPC

Exports from SEZs touch Rs 40,000 cr in 9 months Close on the heels of Goa government, buckling under political pressure, seeking scrapping of all SEZs in the state, the Export Promotion Council (EPC) and SEZ developers have underlined the need for "stability and continuity' of SEZ policy to multiply …

9 states interested in investment in MP

Apart from Madhya Pradesh, investors from nine other states have shown keen interest in making investments in the state at the Jabalpur Investors Meet held recently. Thirty-six investors from nine other states have signed 41 Memoranda of Understanding to the tune of Rs 46337 crore. In all, 61 MoUs worth …

Chidambaram needs to do a balancing act Run-up to budget 2008-09

Ashok Dasgupta The Finance Minister is faced with conflicting demands from different quarters New Delhi: With the United Progressive Alliance government set to present the Union budget for the new fiscal in nine days from now

Rs.6,210-crore Annual Plan for Punjab

Punjab calling: Punjab Chief Minister Parkash Singh Badal calling on Planning Commission Deputy Chairman Montek Singh Ahluwalia in New Delhi on Tuesday. NEW DELHI: The Annual Plan of Punjab for 2008-09 was on Tuesday finalised at Rs.6,210 crore at a meeting here between Planning Commission Deputy Chairman Montek Singh Ahluwalia …

Focus on agriculture

Economic growth is greatly dependent on the Government's policies in the farm sphere. Ranabir Ray Choudhury The World Development Report for 2008 focuses on "Agriculture for Development', an emphasis which appears to be specially appropriate for India. Among other things, it is well-known that overall GDP growth in this country …

What Will The Budget Bring?

Micro-finance is the key to helping India's poorest The growing chasm between India and Bharat is taking its toll on political formations in the country. Government policies skewed towards urban agglomerates have seen the electorate teach rude lessons to politicos at the hustings. Four years ago, the NDA was jolted …

A people-friendly budget on the cards (Editorial)

Indian Prime Minister Manmohan Singh's government is gearing up to present its last budget before the general election and there is no doubt that please-all is going to be the mantra for this annual accounting ritual. Finance Minister P Chidambaram has made it clear that next year will only be …

Panel to study ways to mitigate exporters woes

Union Commerce and Industry Minister Kamal Nath (left) being welcomed by FICCI President Habil Khorakiwala at the 80th annual meeting of FICCI in New Delhi on Saturday. NEW DELHI: With a view to bailing out exporters reeling under the impact of a costlier rupee, the Centre has asked the Finance …

Budget outlay to be Rs 6,600 crore

Chief Minister Bhupinder Singh Hooda today said the next financial year's budget to be presented shortly would have an outlay of Rs 6,600 crore. The figure was thrice the amount for the first budget after he took over as Chief Minister three years ago. Addressing a Congress rally here, he …

SEZ lessons from China

Anurag Viswanath & Manoranjan Mohanty / New Delhi India seeks to emulate China's SEZ policy though it is increasingly under attack there. Deng Xiaoping's emphasis on "One Focus, Two points'

Annual Plan pegged at Rs 2,400 cr

The size of the 2008-2009 Annual Plan for Himachal has been fixed at Rs 2400 crore, an increase of 14 per cent over the current financial year. The plan was finalised at a meeting between Chief Minister Prem Kumar Dhumal and deputy chairman of the Planning Commission Montek Singh Ahluwalia …

2,400-crore Annual Plan for Himachal

Himachal Chief Minister Prem Kumar Dhumal with Planning Commission Deputy Chairman Montek Singh Ahluwalia in New Delhi on Wednesday. The 2008-09 Annual Plan for Himachal Pradesh was finalised at Rs.2,400 crore at a meeting here on Wednesday between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Chief Minister Prem Kumar …

Budget estimates to be reviewed following protests

Chandigarh, February 12 The councillors of Municipal Corporation Chandigarh have decided to review the draft budget estimates for the year 2008-09. A decision to this effect was taken at a meeting of Finance and Contract Committee on Tuesday. While some members claimed that no decision over the draft budget estimates …

Budget session to begin on February 25

The budget session of Parliament will begin on February 25 with President Pratibha Patil addressing the joint session of both Houses at 11 am, it was officially announced here on Monday. While railway minister Lalu Prasad will present the rail budget for 2008-09 on February 26, finance minister P Chidambaram …

Madhya Pradesh: Industrial peace prevails in MP

All is set for yet another investors' summit in the State after the stupendous success of Global Investors Summit at Indore- Muslim Saleem Industrial peace is prevailing in Madhya Pradesh due to efforts undertaken by the state government headed by Shivraj Singh Chouhan and stray incidents of kidnapping of industrialists …

Andhra Pradesh poised for 10.37 p.c. growth, says N.D.Tiwari

Andhra Pradesh Governor Narayan Datt Tiwari presented a bright picture of the State's economic health and unveiled a multi-pronged strategy for development in his maiden address to the joint session of the legislature that was marred by protests by Telangana Rashtra Samithi (TRS) legislators here on Monday. Andhra Pradesh, he …

Price controls and dual mindsets (editorial)

For a reforming Economy, India is letting a lot of things occur in the marketplace that evokes for it the adjective "dysfunctional'. They serve neither social purpose nor make any economic sense, and smack mostly of arbitrary political interventionism. On a larger plane, the economic policy framework is now avowedly …

Fast forward

Policy initiatives by the administration have put the resource-rich East Godavari district on the road to all-round development. Considered the rice granary of India, East Godavari district has always been in the forefront of all-round economic development, setting itself as a role model for several districts not just in Andhra …

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