The Straits Times
Published on Nov 08, 2012

India may decide on national investment board in 2-3 weeks


NEW DELHI (REUTERS) - India's 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.

Mr Arvind Mayaram, economic affairs secretary in the ministry of finance, was talking to reporters on the sidelines of the World Economic Forum meeting on the outskirts of Delhi.