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The Financial Express:  Dec 18 2012, 01:09 IST
Old habits die hard

The finance ministry may have come up with the idea of a National Investment Board to kickstart stalled projects. But while the Cabinet rechristened the NIB to the Cabinet Committee on Investment (CCI), the finance ministry’s mid-term review of the economy continues to call it the NIB. Perhaps the mid-term review was written before the Cabinet decision or perhaps the finance ministry still yearns for the days when the NIB was a stronger body unlike the watered-down CCI.

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