Ø Urban Development Minister Venkaiah Naidu on Thursday urged local
and international investors to put their money on the Smart City Mission,
assuring them that it was a safe bet. Mr. Naidu unveiled a list of 98 cities
with Uttar Pradesh taking the largest share of developing 13 smart cities
followed by Tamil Nadu, which qualified to develop 12.
Ø As the season enters its final phase, the forecast of a
below-normal monsoon made by the India Meteorological Department (IMD) has come
true with the rainfall deficit standing exactly at the 12 per cent it has
predicted. Private forecaster Skymet, which had forecast a normal monsoon,
concedes that with the season nearly done, the rainfall is not likely to
increase.
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