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World Bank’s $1b loan for JNNURM to come with strings

A team from the World Bank will be in New Delhi soon to work out the nitty-gritties of a $1-billion loan to the urban development ministry for carrying forward the cash-starved flagship scheme for upgrading urban infrastructure, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). There would, however, be conditionalities attached to the use of the fund as it would be reform-linked and only select states would get access to...

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Reform the reformer by Sumit Mitra

The convulsions that have gripped the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) — India’s flagship city development programme — with only three years to go for the termination of its assigned lifespan of seven years, is symptomatic of the country’s predilection to put politics above all other issues, including the vital ones. The Mission, aimed at pulling India’s 63 cities out of their dilapidation, which is somewhat reminiscent of...

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UN stands ready to help least developed countries weather global economic crisis

The United Nations agency entrusted with accelerating sustainable industrial development in poorer states today pledged to help the world’s 49 least developed countries (LDCs), 33 of them in Africa, to withstand global financial crisis. “The global financial crisis is moving many LDCs into troubled waters with heightened risk to exports, investment, credit, banking systems, budgets, the balance of payments, and remittances, and, the most vulnerable are those countries which depend...

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‘JNNURM has fulfilled expectations’ by Sandeep Joshi

Prime Minister Manmohan Singh on Thursday asserted that the Congress-led United Progressive Alliance government was committed to carrying out urban renewal and municipal reforms and promised more funds to help improve quality of life in urban areas by providing better civic amenities and infrastructure. Dr. Singh was addressing the National Conference on the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) here. The Prime Minister said the Ministries of Urban Development, and...

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Bhopal Gas Tragedy: Endless nightmare by Subodh Varma

Twenty-five years have passed since that night of terror and death in Bhopal, which saw a cloud of deadly gases explode out of a faulty tank in a pesticide factory and silently spread into the homes of sleeping people. Although no official count of casualties has ever been done, estimates based on hospital and rehabilitation records show that about 20,000 people died and about 5.7 lakh suffered bodily damage, making...

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