'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
The revised projection comes after a 17% rise in the April-June.
Yojana Bhawan is working overtime to complete the crucial Approach paper to the 12th Plan amidst a buzz that Planning Commission Deputy Chairman Montek Singh Ahluwalia may get a Cabinet berth in the reshuffle expected soon.
The star power was high at the third annual Global Citizen Festival on Central Park's Great Lawn on Saturday with headliners Jay Z and No Doubt and host Hugh Jackman. But even they were eclipsed by some of the world's most powerful leaders, including India's Prime Minister Narendra Modi, Norway's Prime Minister Erna Solberg and Queen Silvia of Sweden.
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.
Wipro had denied allegations of providing improper benefits to Bank staff.
Bilderberg, which has been called the high priests of glabalization, is accused of running a shadowy global government.
RPTs are globally recognised as an important component of the ease of business index.
Many European cities have less than half the emissions per person of many cities in North America.
Better learning for all students worldwide is vital because economic growth, better development, and significantly less poverty depend on the knowledge and skills that people gain, not the years spent in a classroom, it said while launching its education strategy for the next decade.
Move the slider on the map above to see the change in percentage of population using an improved drinking water source over 1990 to 2015.
When the facility becomes operational, Mysore will become the first city in the country to adopt the intelligent transport system.
Appreciative of the economic growth in India, the World Bank said on Wednesday it (the growth) has not generated more inequality in the country.
Investors from across the globe are keen to invest in Gujarat.
'So far, the government has sanctioned more than Rs 300 billion as GST refunds,' Ansh Bhargava and Aditya Singhania point out.
Union Finance Minister Pranab Mukherjee has brought about a coup in North Block by bringing an Indian Foreign Service officer Venu Rajamoni as Joint Secretary to head multilateral institutions division.
Pakistan Prime Minister Nawaz Sharif on Monday approved in principle the financing plan of the much-delayed 4500 megawatt Diamer-Basha Dam project on the Indus river in Pakistan-occupied Kashmir and asked officials to expediate its construction.
The newly formed Republican Indian Committee in the United States has appointed Armeane M Choksi -- former World Bank official and venture capitalist and now real estate developer, adjunct professor and community activist -- as its first national president.
A charity set up by Ivorian football star Didier Drogba to help children in West Africa has been cleared of fraud and corruption but may have "misled" donors, Britain's charity watchdog said on Friday. The Charity Commission launched an investigation in April after Britain's Daily Mail newspaper said less than one percent of 1.7 million pounds ($2 million) donated to the Didier Drogba Foundation was spent on children in Ivory Coast. The watchdog found no evidence of fraud or corruption, but said Drogba's charity, set up in Britain in 2009, had failed to separate its activities from those of an Africa-based arm of the organisation - La Fondation Didier Drogba - established in 2007.
International Monetary Fund managing director Dominique Strauss-Kahn on Thursday said he favoured new heads of the World Bank and the Fund to be from countries other than Europe and the United States.
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
The winner of the 2001 Nobel Prize for Economics says recovery could be difficult if the crisis in Egypt spreads to the entire region.
Finance Minister Arun Jaitley will pitch for quota and governance reforms in the annual meeting of the International Monetary Fund.
That is the number for job creation that India needs to achieve, argues T N Ninan.
The government is in talks with the World Bank for technical and financial assistance for overall e-governance projects in the country.
With large FDIs moving to Africa, India should focus on more than just development aid to build sustainable ties with the continent. The African continent has been clearly recognised as the next big market for trade and investment globally.
India's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit, talking about robust structural reform measures.
There has been speculation in Delhi that Pulok Chatterjee having served Sonia Gandhi as her private secretary during the National Democratic Alliance regime, might be appointed as cabinet secretary.
The World Bank held India's Fifth Pay Commission as the "single largest adverse shock" to the country's strained public finance, according to the bank's India Development Policy Review.
Swaraj also said that Pak cannot take Kashmir to the ICJ.
The new project will concentrate on the states of Himachal Pradesh, Jharkhand, Meghalaya, Punjab, Rajasthan, Uttarakhand, and Uttar Pradesh, the Bank said.
Take the Rediff Biz Quiz and find out how much you know about the World Bank and India.
Satyam Computer Services on Wednesday announced the winning of a new long-term contract from its existing customer, the World Bank whereby it has been chosen as the World Bank's primary offshore IT services partner.
'The inflow of FII or FDI has not distorted the market sentiments and therefore there is no question of putting any curbs.'
Share of central government will be Rs. 5,100 crore and of the state governments of Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and West Bengal will be Rs. 1,900 crore.
The Bank had predicted that China's GDP growth would slow to 8.7 per cent in 2011 in its last quarterly report released last November.
"At 11 per cent of GDP, the fiscal deficit is too high. Growth can be fast if deficit is down and faster if reforms continue," says Nicholas Stern, ex-chief economist, World Bank.
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