Business Standard

Goa creates board to fast-track nod to investment proposals

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Press Trust of India Panaji
Goa Assembly today passed a Bill that envisages setting up a board to facilitate single-window clearance for investment proposals in the State.

The Bill, introduced by Industries Minister Mahadev Naik during the ongoing Assembly session, seeks to create an administrative and operational framework for Goa Investment Promotion and Facilitation Board.

The newly-created agency will speed up single-window clearance for investment proposals received by the State.

"The establishment of the board will help in investment in thrust areas such as knowledge-based industry, research and development, pharmaceuticals, bio-technology, tourism, light engineering, aviation, aerospace, agro-based and food processing industries," the Minister said.

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First Published: Aug 21 2014 | 8:50 PM IST

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