OC's expenditure overshot its budget by Rs. 638 crore The OC has taken Rs. 2,307.82 crore in loan, well above the originally approved amount M.S. Gill admits that there were no earnings from advertisements as such The Commonwealth Games Organising Committee (OC) has fallen more than 80 per cent short of its revenue target, according to Union Sports Minister M.S. Gill. While the OC was expected to generate Rs. 1,708 crore, it only managed...
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As Games Begin, India Hopes to Save Its Pride by Jim Yardley
When India won its bid for the 2010 Commonwealth Games seven years ago, the event instantly became an emblem of national prestige. But as the country prepares to open the games on Sunday evening, an opportunity to burnish its global image has instead become a national embarrassment. The litany of problems plaguing the games — collapsed footbridges, filthy dorms, cartoonish corruption — have not only made headlines around the world....
More »Nine firms selected to provide urban amenities in rural areas
In a first step of its kind, nine private companies have been shortlisted by the Union rural development ministry to develop infrastructure in the rural areas and maintain it for a period of 10 years. The project, envisioned as part of former President A P J Abdul Kalam’s pet scheme, Provision of Urban Amenities in Rural Areas (PURA), will see these nine private players undertaking pilot projects in January next year...
More »‘Dependence on bureaucracy is why the poor remain poor’
Once, during a tour of his constituency in Tamil Nadu, Member of Parliament and former Panchayati Raj minister Mani Shankar Aiyar came across an eight-year-old boy. A chance meeting that he says threw light on why India stagnates at the 134th position in the United Nations Human Development Index. The boy, Aiyar said during a brief pause in his United Nations Millennium lecture at the British Council on Sunday, had got...
More »UN convenes meeting on access to medical devices in poorer countries
Health experts from more than 100 countries gathered in Bangkok today under the auspices of the United Nations World Health Organization (WHO) to discuss ways to make life-saving medical equipment more accessible to people in developing countries. “The medical device industry holds great promise for public health, sometimes spectacular promise, sometimes seductive promise,” Margaret Chan, the WHO Director-General, told the more than 350 experts meeting in Thailand’s capital. “Health officials and hospital...
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