Review of investment projects by organization results in quick reforms implementation.
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...
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In Panaji, the Goa Investment Promotion Board (IPB) held a meeting to discuss pending investment projects and approved changes to previously granted proposals. Chaired by chief minister Pramod Sawant, the meeting focused on reviewing older projects. The board also granted ONGC's request to expand the Betul facility. Sawant also evaluated departmental reforms under the Business Reforms Action Plan (BRAP) and instructed for timely implementation of pending reforms. The board was tasked with reviewing projects that are stuck, stalled, or closed due to bankruptcy, with potential revocation of permissions in certain cases. Additionally, investment officers were directed to support projects approved at the previous board meeting in July, which included 12 projects totaling Rs 1,324 crore in investments across various sectors such as electronics, logistics, pharmaceuticals, and education.