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France to Collaborate With Puducherry in Urban Planning and Other Areas

A release from the Lt Governor's office said that the French envoy discussed with Bedi the ongoing partnership between France and India in urban planning, conservation and protection of heritage buildings in Puducherry and also development of tourism.

PTI

Updated:August 2, 2017, 8:27 PM IST
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France to Collaborate With Puducherry in Urban Planning and Other Areas
File photo of Puducherry.
Puducherry: France on Wednesday agreed to work in collaboration with the Puducherry government in urban planning, conservation and protection of heritage buildings and development of tourism.

This was conveyed by Catherine Suard, the new Consul General of France in Puducherry, a former French colony, when she met Lt Governor Kiran Bedi at the Raj Nivas.

A release from the Lt Governor's office said that the French envoy discussed with Bedi the ongoing partnership between France and India in urban planning, conservation and protection of heritage buildings in Puducherry and also development of tourism.

It said that the Consul General agreed to work in collaboration with Puducherry governnent in these areas.

The Union Territory has been included in the Smart City Mission by the Union Urban Development Ministry.

Meanwhile, Patel again faulted banks for not passing on the full benefits of its 50 bps cuts in the past 10 months and said it will come out with a new rate system to replace the MCLR system introduced in April 2016 to improve monetary transmission that has not been entirely satisfactory, though it has been an advance over the earlier base rate system.

"We've constituted an internal study group across several clusters to study the various aspects of the MCLR system and to explore whether linking of the bank lending rates can be made direct to market determined benchmarks going forward. The group will submit its report by September 24," Acharya said.

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