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FM pitches for PM-led Investment Board to speed up projects

NDTV Profit Desk

 

 

Concerned over delay in implementation of projects, Finance Minister P Chidambaram today suggested setting of a National Investment Board (NIB) under Prime Minister to accord speedy clearances to mega proposals.

 

"The NIB's authority should extend to proposals/projects where the investment is above a certain threshold, say, Rs 1,000 crore.

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