New Delhi, Feb 5 (IANS) Pakistan’s economy has been in a state of crisis for many years while India, a frequent point of comparison in Pakistani discourse, in sharp contrast, has surged far ahead to become the fastest growing major economy in the world, according to a new report.An article in media outlet Amu.TV states that after the Covid pandemic, the two neighbouring economies move in different directions. In 2022, Pakistan saw a decent rebound with around 6 per cent GDP growth, but this pr…
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Shillong, Feb 3 (IANS) Meghalaya Chief Minister Conrad Sangma on Tuesday said the state has strategically reoriented its economic approach towards building sustained, long-term partnerships, citing the creation of a strong trade ecosystem that has successfully elevated indigenous products such as local pineapples and curcumin-rich Lakadong turmeric into high-value exports in global markets. The Meghalaya government, in partnership with the Federation of Indian Export Organisations (FIEO), Minist…
Aizawl, Feb 3 (IANS) Mizoram Chief Minister Lalduhoma on Tuesday said that the state government has significantly strengthened healthcare infrastructure across the state by upgrading district hospitals, Community Health Centres (CHCs), and Primary Health Centres (PHCs) to improve access to quality medical services.Inaugurating the two-day Knowledge Exchange Health Conclave organised under the Rs 280-crore Mizoram Health Systems Strengthening Project (MHSSP) of the Health and Family Welfare Depar…
New Delhi, Feb 3 (IANS) Whether or not Chinese infrastructure loans are a deliberate “debt-trap” strategy, the resultant high debt levels of recipient countries and opaque loan terms compromise their sovereignty, a report has said.A report from Modern Diplomacy said that “the loans pose significant challenges for host countries seeking to achieve development without compromising their sovereignty.”However, the report maintained that if the Chinese infrastructure loans constitute a deliberate “…
Islamabad, Feb 3 (IANS) Pakistan has been ranked lowest in South Asia for literacy, with 63 per cent of people aged 10 years and above being able to read and write, according to a new review by the Free and Fair Election Network (FAFEN), local media reported. The review is based on official survey data from the Pakistan Social and Living Standards Measurement-Household Integrated Economic Survey (PSLM–HEIS) 2024–2025 and compares Pakistan’s performance with World Bank literacy data for the…
Kathmandu, Feb 1 (IANS) Nepal made a hopeful start in the tourism sector in January, with tourist arrivals jumping by more than 15 per cent year-on-year to 92,573, despite fears of a decline following political unrest in September last year, the Nepal Tourism Board (NTB) said on Sunday. According to the NTB, this figure is also 14 per cent higher than in January 2019, the period before the COVID-19 pandemic.Following the GenZ protests, which resulted in the deaths of 77 people and the destructio…
New Delhi, Jan 30 (IANS) Pakistan’s socioeconomic crisis is being worsened by rising food inflation and unemployment rates, according to a media report.Maldives Insight cited the World Bank’s data to show that about 45 per cent of the population in Pakistan is classified as living below the Poverty Line (BPL). The country’s unemployment rate remains at a 21-year low, with investment at a 50-year low and gross debt-to-GDP ratio at 71.3 per cent.“All this deepens stagnation, inequality, fi…
Bhubaneswar, Jan 29 (IANS) Odisha Chief Minister Mohan Charan Majhi on Thursday held crucial discussions with World Bank President Ajay Banga on measures to strengthen cooperation between the State and the international financial institution across key development sectors and to advance the State’s long-term growth and reform agenda. Senior officials of the State Government, including Chief Secretary of Odisha Anu Grag, Development Commissioner D K Singh, and the representatives of the World B…
New Delhi, Jan 29 (IANS) The promise of building India’s urban future lies in making our cities economically dynamic, socially inclusive, environmentally sustainable, and institutionally capable, the Economic Survey 2025-26 said on Thursday.According to the Survey, tabled in the Parliament by Finance Minister Nirmala Sitharaman, future urban policy must prioritise system performance over standalone projects — integrating housing, mobility, sanitation, climate resilience, and finance — whil…
New Delhi, Jan 29 (IANS) As the World Bank ranks India among the top 5 countries globally in terms of private investment in infrastructure among low- and middle-income economies, infrastructure continues to be central to India’s growth strategy, with public capital expenditure following a sustained upward trajectory since FY15, the Economic Survey 2025-26 stated on Thursday.According to the Survey, this has been made possible by the institutionalisation of multimodal planning through PM GatiSh…