Study Material | Test Series
Drishti IAS
call1800-121-6260 / 011-47532596
Drishti The Vision Foundation
(A unit of VDK Eduventures Pvt. Ltd.)
prelims Test Series 2019
बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
Inter-Ministerial Committee to Fast-track Investment Proposals from USA
Dec 19, 2014

An Inter-Ministerial Committee has been constituted under the Chairmanship of Secretary, Department of Industrial Policy & Promotion to fast-track investment proposals from USA and to address the issues related to implementation. Joint Secretary (Incharge-USA), Department of Industrial Policy & Promotion is the Convener of of the committee.

Representatives from Department of Economic Affairs, Ministry of Environment, Forest & Climate Change, Ministry of Power, Ministry of Road Transport & Highways, Ministry of Railways, Department of Electronics and Information Technology, Department of Defence Production, Department of Revenue, Ministry of Civil Aviation, Department of Pharmaceuticals, Ministry of Health & Family Welfare, Department of Telecommunication, Department of Commerce, and Ministry of External Affairs will also the members of the committee.

The Ministries /Departments listed above will nominate its representative not below the rank of Joint Secretary.

The Terms of Reference of the Committee:

  • The Committee will facilitate and fast-track investment from US companies in India.

  • The Committee will identify bottlenecks faced by the US investors in the implementation of their investment proposals and address them in consultation with all other agencies and state governments concerned.

  • The Committee will look into areas of concern in sectors of interest to US companies to address them.

  • The Committee will closely monitor and coordinate the process to ensure that investment from USA are put on fast-track in various sectors and opportunities of investment and technology transfer are fully exploited.

  • The Committee will interact with US companies, ministries/departments of the Government of India and the state governments to facilitate US investment.

  • The Committee will initiate action to ensure that the US companies investing in India are given handholding services.

  • The Committee will initiate action to promote an attractive business environment and ease of business for companies to invest in all sectors and manufacturing, in particular.

  • The Committee will encourage such practices that promote investment in manufacturing with special emphasis on green, advanced and smart technologies by US companies in India to increase competitiveness and making Indian manufacturing a significant player in the global supply chain.

Helpline Number : 87501 87501
To Subscribe Newsletter and Get Updates.