HomeLatest NewsGovt constitutes Empowered Group of Secretaries to facilitate investment in country

Govt constitutes Empowered Group of Secretaries to facilitate investment in country

New Delhi

The Union Government has constituted an Empowered Group of Secretaries headed by Cabinet Secretary to facilitate investment in the country. The empowered group will assist investment in key sectors of the economy by identifying potential investors. It will also recommend sector-specific and geography specific incentive packages focusing on both domestic and foreign investors.

Along with handholding investors it will identify Industrial clusters, land-banks, states and areas where investments can be made. Boosting Make in India the empowered group will also incentivise schemes for creating Indian Global Champions in sectors of mobile and electronics, medical devices, drugs, auto and textile machinery among others.

The seven member empowered group has CEO of NITI Aayog along with secretaries of Department for Promotion of Industry and Internal Trade, Commerce, Revenue and Economic Affairs as it’s members.

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