NEW DELHI The finance ministry expects a decision on setting up a National Investment Board - a body to approve and speed up stalled infrastructure projects such as roads, ports and airports - would be taken in the next 2-3 weeks, a senior ministry official said on Thursday.
A decision could be taken in the next two-three weeks, Arvind Mayaram, economic affairs secretary in the ministry of finance, told reporters on the sidelines of the World Economic Forum meeting on the outskirts of Delhi. (Reporting by Rajesh Kumar Singh)
Trending On Reuters
India is considering setting up an independent panel to help state-owned banks negotiate settlements with big businesses on bad loans, in order to shield bankers from a populist backlash they say is hobbling efforts to clean up their balance sheets. Full Article