Panaji: A sub committee under Industries Minister Vishwajit Rane has been constituted to evaluate new projects upto Rs five crore that comes up before Investment Promotion Board (IPB).
The sub-committee has come into effect from August 8, 2019.
The committee will evaluate all new project proposals including expansion, under the purview of IPB, valued less than or equal to Rs five crore and give recommendations before the Board Meeting.
The Committee will discuss on addressing infrastructure gaps in Goa for attracting investments as per Goa Investment Promotion Act, 2014.