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FM pitches for PM-led Investment Board to speed up projects
16 Sep 2012, 12:02 PM IST
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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