Friday, 28 August 2015

Top economy news of the day- August 28, 2015

Marking a key step in the NDA government's infrastructure push, Minister of Urban Development Venkaiah Naidu announced the list of ninety eight smart cities that the government has shortlisted.


Economic News
Marking a key step in the NDA government's infrastructure push, Minister of Urban Development Venkaiah Naidu announced the list of ninety eight smart cities that the government has shortlisted. While Uttar Pradesh has bagged the maximum number of smart cities projects at 13, Tamil Nadu has got 12 and Maharashtra 10. Madhya Pradesh will have seven smart cities and Gujarat and Karnataka will have six each.

The talks between the five-member Ministerial panel, headed by Finance Minister Arun Jaitley, and leaders of central trade unions, remained inconclusive with the unions firm on their decision on a country-wide strike on September 2. Trade unions, which are protesting anti-labour changes in certain key laws, against disinvestment in PSUs and FDI in Railways, Defence, contractorisation of labour, among other things

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