Panaji: The Goa Investment Promotion Board (IPB) conducted a meeting on Thursday to assess pending investment projects and approved changes to proposals that had previously received in-principle approval. The meeting, led by chief minister Pramod Sawant, focused on reviewing older projects, as noted by the board's CEO Swetika Sachan. Among the decisions made, the board agreed to ONGC's request to expand the land for the Betul facility. Chief Minister Sawant also monitored the progress of reforms within various departments under the Business Reforms Action Plan (BRAP) and urged for the expedited implementation of pending reforms. Additionally, he instructed the board to start reevaluating older projects that are either stuck, stalled, or no longer operational due to bankruptcy, with a plan to potentially revoke permissions in identified cases. The board also tasked investment officers with providing guidance to projects approved during the 36th board meeting in July. Out of the 20 projects discussed during the meeting, only 12 were granted approval. These 12 projects, collectively attracting Rs 1,324 crore in investments, span across sectors such as electronics, logistics, pharmaceuticals, auto components, education, and packaging.
Panaji: The Goa Investment Promotion Board (IPB) met on Thursday to review pending investment projects and ratified changes to proposals that were granted in-principle approval. “The meeting, chaire...