When it came to power in May 2009, some ministers in the UPA government had set themselves a deadline of 100 days to show results. But one year and nine-odd months later, the report card of its flagship programmes in nine states hit by Maoism is dismal. Much of the money allocated has gone unspent, according to the “performance study” the Planning Commission conducted in these states and submitted to...
More »SEARCH RESULT
Total Matching Records found : 112
A Bengali rate of growth by Mohan Guruswamy
Despite its slackening industry, the common perception of West Bengal as a backward state has little substance when one looks at the facts. Most of us are conditioned to view economic development in terms of industrialisation. While industrialisation is essential for economic transformation, it is not as if economic growth is not possible without it. The sectoral structure of India's gross domestic product (GDP) and its slow transformation makes a good...
More »Panel proposes UID-linked direct subsidy by Utpal Bhaskar
The government is planning a complete overhaul of the way the power sector is financed and subsidies are delivered, attempting to address a funding shortfall delaying the construction of electricity projects and worsening a chronic power deficit that threatens to sap growth in India’s energy-hungry economy.This exercise is based on a report submitted by a panel headed by Montek Singh Ahluwalia, deputy chairman of the Planning Commission, to the power...
More »The Clean Energy Market Expands to India’s Rural Poor
The market for clean energy products and services is increasing among India’s rural poor, and according to a new analysis, could potentially grow to more than USD 2 billion per year. Demand for clean energy products is rising among India’s rural communities, according to the Power to the People analysis released today by Centre for Development Finance at the Institute for Financial Management and Research (CDF-IFMR) and the World Resources Institute(WRI)....
More »Access to energy seen as vital to fighting worst poverty by David Jolly
‘Without electricity, social and economic development is much more difficult.' More than $36 billion a year is needed to ensure that the world's population benefits from access to electricity and clean-burning cooking facilities by 2030, the International Energy Agency said on September 21. In a report prepared for the U.N. Millennium Development Goals meeting in New York, the agency said the goal of eradicating extreme poverty by 2015 would be possible only...
More »
