In Panaji, the Goa Investment Promotion Board (IPB) convened a meeting on Thursday to assess ongoing investment projects and approved modifications to previously granted proposals. Chaired by Chief Minister Pramod Sawant, the meeting aimed to scrutinize older projects, as confirmed by IPB's CEO Swetika Sachan. Sources indicate that the board granted ONGC's request to expand the Betul facility. Sawant also monitored the progress of reforms across departments under the Business Reforms Action Plan (BRAP) and urged for the acceleration of pending reforms to ensure BRAP's effective implementation. The Chief Minister instructed the board to conduct a review of dormant projects affected by factors like bankruptcy, deceased or resigning promoters, and suggested revoking permissions in such cases. Furthermore, the board instructed investment officers to provide support to projects approved during the 36th board meeting in July. Out of the 20 projects discussed during the meeting, 12 were approved, with a total investment of Rs 1,324 crore spanning various industries 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...