The Indiacom Newsletter

Thursday, April 30, 2015

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Source: www.industrytap.com

Cabinet approves Smart City Projects

The Union Cabinet on Wednesday cleared PM Narendra Modi’s ambitious 100 Smart City Projects and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) for 500 cities with outlays of Rs 48,000 crore and Rs 50,000 crore, respectively. Each selected city under the Smart City Mission would get central assistance of Rs 100 crore per year for five years for improving the standard of urban life and providing a sustainable life, the government said.

Read full story on The Hindu

Food processing industries growing at 8.4% per annum

Food Processing Industries Minister, Harsimrat Kaur Badal on Wednesday said that India can become global leader in the food processing sector which is fast growing at 8.4 percent per annum. The sector has attracted $421.51 million of foreign direct investment into India during fiscal year 2014-15 and has full potential to generate more and more employment.

Read full story on SME TIMES

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Source: www.international-ta.com

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