The Asian Development Bank (ADB) Managing Director General Rajat M Nag on Thursday said that the way India's growing, it is quite possible that by year 2020 it will become world's third largest economy. "In 2008, India ranked world's 12th largest economy at $1.2 trillion.
Abundant in hydropower resources, it has taken on the role of a 'battery' for its electricity-starved neighbours
Barun Roy / New Delhi March 11, 2010, 0:40 IST
The government has decided to an 'out of court' settlement with the protesting affectees of Diamer Basha Dam to avoid further delay in the construction of the project, sources close to Manzoor Wattoo, Minister for Kashmir Affairs and Gilgit-Baltistan told this correspondent.
The government will spend $8 billion on this project, which will generate 4500 MW electricity.
Poor sanitation helps spread disease, yet efforts to provide subsidized toilets have been resisted for cultural reasons in many developing countries. To improve the rate of uptake, some people are now advocating a market-based approach.
Roads and transport minister Kamal Nath issued an ultimatum to state public works departments (PWD) today, declaring that states must facilitate land acquisition for road construction and utilise previously appropriated funds, otherwise delayed projects would be foreclosed while new ones would become increasingly difficult to procure.
The Asian Development Bank (ADB) is to carry out a comprehensive study on the economics of climate change in Northeast Asia, Manila-based ADB said in a press release on Monday.
The Asian Development Bank (ADB) has sanctioned a HIV/AIDS project worth USD 1.47 million for the North Eastern States of Assam, Meghalaya, Mizoram, Manipur and Nagaland. The region
The Sri Lankan government has taken measures to improve the aging power transmission network in rural areas of the country with the support from the Asia Development Bank.
The Ministry of Power and Energy said the present power transmission network which was over 60 years old cannot handle the present day needs.
ISLAMABAD: The federal cabinet has given the go-ahead to eight Rental Power Projects (RPPs) following the approval of an Asian Development Bank (ADB) report presented in the cabinet meeting, Federal Minister for Water and Power Raja Pervaiz Ashraf said on Wednesday.
Critical to economic growth-and the most pressing need in Pakistan today-is energy. Despite wide-ranging power sector reforms, Pakistan still has one of the lowest levels of per capita power consumption and energy efficiency in the world.
