Boosting investment climate in india

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Boosting investment climate in india

  1. 1. Boosting investment climate in India - Creation of National Investment Board
  2. 2. Investment climate •Ranking of World bank on ‘ease of doing business countries’ tallied India in 132nd position out of 185 countries surveyed.•Rate of investment flying out of the country is growing. •Policy paralysis is the greatest hurdle •Poor follow up on projects hence many ofthem get strapped and ignored in their initial stages
  3. 3. Functions •Mainly to expedite infrastructure projects•Investment with Rs.1000 crore plus would come under the direct monitoring of the board•It function as a coordinator between various ministries
  4. 4. Functions •Board is headed by the Prime ministers•Failure to achieve the time bound projects, delayed or rejectedapplications from the ministries and continuous monitoring of the keyprojects would be taken over by NIB
  5. 5. NIB can... •To fill atmosphere with positivism foran uninterrupted inflow of investments •Can empower mechanism to buildconsensus among conflicting ministries

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