Punjab plans investment commission

Punjab Government is going to set up an Investment Commission on the pattern of National Investment Commission at the Centre to "boost investment potential" in the state.

CHANDIGARH: Punjab Government is going to set up an Investment Commission on the pattern of National Investment Commission at the Centre to "boost investment potential" in the state.

A decision to this effect was taken at a state cabinet meeting chaired by Chief Minister Amarinder Singh on Tuesday.

The commission would be headed by an eminent person from the industry, besides two members - one a renowned economist and another a leading Banker from Punjab - an official spokesman said.

The commission will hold interactions with investors and invite them to invest in Punjab, besides making recommendations to the state government on improvement of policies and procedures that have an impact on the investment climate in the State, the spokesman said.
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