1. Boosting investment climate in India
-
Creation of National Investment
Board

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 of
them get strapped and ignored in their initial
stages

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. Functions
•Board is headed by the Prime
ministers
•Failure to achieve the time bound
projects, delayed or rejected
applications from the ministries and
continuous monitoring of the key
projects would be taken over by NIB

5. NIB can...
•To fill atmosphere with positivism for
an uninterrupted inflow of investments
•Can empower mechanism to build
consensus among conflicting ministries