Flanked by two Patidars — former Gujarat minister Dilip Sanghani and Surat-based diamond merchant Savji Dholakia — PM Modi urged farmers to launch a “sweet revolution” and “blue revolution” by taking up beekeeping and optimising use of waterways for transportation respectively.
The inauguration of the dam in Gujarat is seen as a political gesture, especially as 85 per cent of the Narmada river’s catchment area lies in Madhya Pradesh.
The Indus Waters Treaty was signed in 1960 after nine years of negotiations between India and Pakistan with the help of the World Bank, which is also a signatory.
“While an agreement has not been reached at the conclusion of the meetings, the World Bank will continue to work with both countries to resolve the issues in an amicable manner and in line with the Treaty provisions,” the World Bank said in a statement.
The IWT was signed in 1960 after nine years of negotiations between India and Pakistan with the help of the World Bank, which is also a signatory. The World Bank’s role in relation to “differences” and “disputes” is limited to the designation of people to fulfill certain roles when requested by either or both of the parties.
The region has the world’s lowest water tariffs and spends the highest proportion of GDP on public water subsidies. Such policies lead to excessive use of already scarce water supplies and are not sustainable, said Jägerskog.
“Thailand has the potential to raise growth to above 4 percent by addressing structural bottlenecks – education equality, services liberalisation and public infrastructure management,” the World Bank said.
“The World Bank would like to clarify that the discussions between India and Pakistan about the Kishanganga and Ratle hydroelectric power plants are ongoing,” the media statement said without giving any further clarification.
The two countries last held talks over the two projects in March this year during the meeting of the Permanent Indus Commission (PIC) in Pakistan. Pakistan had approached the World Bank last year, raising concerns over the designs of two hydroelectricity projects located in Jammu and Kashmir.
Women who marry early tend to have more children. Ending child marriage would reduce the fertility rate by 12 percent in Nigeria, 15 percent in Ethiopia and Niger and 18 percent in Bangladesh, having significant implications for population growth.
Even as the World Bank has revised India’s growth figures by 0.4 percentage points as compared to its January forecast, India remains the fastest growing major economy in the world, the World Bank officials said.
World Bank there were signs of slowdown in last fiscal but a favourable monsoon lifted the economy.
According to the World Bank report, Pakistan ranks towards the bottom among countries in the world when it comes to infant and neonatal mortality.
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh continue to lag behind the rest of the country in income and growth. Despite the success of these states on a few important fronts, where you live still determines how well you live.
Jaitley said that major reforms were underway to phase out exemptions as far as the direct tax system was concerned, and bring down corporate tax to 25 per cent from the current 30 per cent.