In Panaji, the Goa Investment Promotion Board (IPB) held a meeting on Thursday to review pending investment projects and approved changes to proposals that previously received in-principle approval. The meeting, led by Chief Minister Pramod Sawant, focused on revisiting older projects, as per IPB CEO Swetika Sachan. The board granted ONGC permission to expand the Betul facility and discussed ongoing reforms under the Business Reforms Action Plan (BRAP). Sawant emphasized expediting pending reforms to ensure BRAP's effective implementation. The Chief Minister also highlighted the importance of reviewing older projects that are stuck, dormant, or disrupted due to bankruptcy, with potential plans to revoke permissions in identified cases. Furthermore, the board instructed investment officers to provide support for projects approved in the July 36th board meeting. Of the 20 projects discussed in the meeting, only 12 received approval, totaling an investment of Rs 1,324 crore in 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...