Popular Articles

On the way: cable TV without any wire
In what may become a revolution in entertainment, accessing television via cable, IPTV or interactive DTH services is soon going to be via wireless, on the lines of a wi-fi internet connectivity. http://smallpersonalloans.org.uk

IDR listing to enhance StanChart's commitment to India: CEO
Global banking major, Standard Chartered, which is widely expected to list its shares on the bourses here in the first half of next year, said the listing would enhance the lender"s commitment to the local market. "The issue of proposed Indian Depository Receipts (IDRs) demonstrates our commitment to India," Standard Chartered, Global CEO, Peter Sands said.

News of the day

Telengana unrest takes toll on AP pharma industry
Pharma companies in Andhra Pradesh say they are losing heavily due to the Telengana unrest in the State.
Corporate

All-weather roads jack up rural income up to 100%: World Bank

All-weather roads in the villages of the country has doubled the income of rural households, raised literacy rate by 10 per cent, and appreciated land prices by up to 80 per cent, says the World Bank. “In 2000, about 40 per cent of India’s 825,000 villages lacked all-weather roads ...with access to roads, incomes have soared. - SEB unbundling process nearing completion in most states - Black Friday crowds grab discounted flat-panel TVs, comps - India to invite bids for technology public-private varsity in rural area - Black Friday crowds snap up discounted TVs, laptops - Nearly 60% of state to be under UID in a year - Koutons to consolidate business, expects increase in rev Household incomes rose by 50 to 100 per cent on an average,” the Bank, which come out with the results of its Rural Roads Project that started in 2004, said recently. The multi-lateral lending agency has been supporting India’s rural connectivity programme Pradhan Mantri Gram Sadak Yojana. It aids projects in several places like Himachal Pradesh, Rajasthan, Jharkhand and Uttar Pradesh. “Literacy has increased by 10 per cent... land prices by some 60 to 80 per cent on an average,” it said. Over the years, World Bank’s concessionary lending arm International Development Association (IDA), has supported many rural roads projects, both as stand-alone and as components of larger projects. The year-round connectivity has narrowed gender gap with access to education for girls and raised job opportunities, IDA said, adding that every Rs 10 lakh spent on rural roads has helped lift 163 people out of poverty. “The gender gap has narrowed with easier access to school for girls. There was better availability of school teachers. ...access to jobs improved, and new businesses started up, diversifying the rural economy,” IDA said. “For every Rs 10 lakh spent on rural roads, 163 people were lifted out of poverty,” it said as finding of its Rural Roads Project, which is slated to close by March, 2010. “Farmers received better prices for their products by accessing markets directly and cutting out middlemen, and spoilage of perishable produce reduced. Agricultural and animal husbandry practices were modernised,” IDA said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):