Goa Investment Promotion Board schedules meeting on October 17

The Goa Investment Promotion and Facilitation Board has scheduled a meeting on October 17, in the absence of IPB Chairperson and Chief Minister Manohar Parrikar, who is undergoing medical treatment in the AIIMS  in New Delhi.

As per the provisions of the Goa Investment Promotion Act, 2014, a chairperson is mandated to preside over all board meetings. However, despite this, the IPB meeting has been fixed for October 17 at 3 pm at the Secretariat in his absence. This will be 22nd meeting of the board, and it will have 17 items on agenda for discussions. The IPB meeting will take up 13 proposals for discussions. Out of the 13 proposals, four items concern the hospitality sector, and seven proposals are related to industrial projects out of which one includes setting up a beverage manufacturing unit. It must be noted that according to government policy, beverages or liquor manufacturing projects are not allowed in industrial estates. However, the board has included the proposal for setting up the beverage unit in Bicholim taluka in the agenda.

The review of the two projects, which had been granted in-principle approval by the board at its earlier meeting, will be taken up at the October 17 meeting. There will also be discussions on ‘red’ category projects.

IPB chief executive officer Vishal Prakash will present his action plan at the meeting. There will be discussions on the evaluation framework to be adopted by KPMG, a satellite consultant, for project evaluation and standard operating procedure for the IPB office. Standard operating procedure for projects requiring land allotments in Goa Industrial Development Corporation plots is also on the agenda

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