NIB on its way, to have powers of approval

Nov 29 2012, 05:39 IST
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P Chidambaram, Finance minister P Chidambaram, Finance minister
SummaryDecks have been cleared for setting up of the National Investment Board to expedite projects entailing investment of Rs 1,000 crore and above. To be given both monitoring and approval powers, the body could, however, be called the Cabinet Committee on Investment if the Cabinet so prefers.
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