{"id":86557,"date":"2020-06-04T10:45:19","date_gmt":"2020-06-04T05:15:19","guid":{"rendered":"https:\/\/factly.forumias.com\/?p=15780"},"modified":"2020-06-04T10:45:19","modified_gmt":"2020-06-04T05:15:19","slug":"cabinet-sets-up-secretaries-group-to-attract-investment","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cabinet-sets-up-secretaries-group-to-attract-investment\/","title":{"rendered":"Cabinet sets up Secretaries\u2019 group to attract investment"},"content":{"rendered":"\n<p><strong>News:<\/strong> Union Cabinet has approved the setting up of an empowered group of secretaries(EGoS) and project development cells(PDCs) in Ministries and departments for attracting investments to India.<\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<p><strong>Empowered Group of Secretaries(EGoS):<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Composition:<\/strong><ul><li>Cabinet Secretary (Chairperson)<\/li><li>Secretary, Department for Promotion of Industry and Internal Trade (Member Convenor)<\/li><li>CEO, NitiAayog (Member), Secretary, Department of Commerce (Member), Secretary, Department of Revenue (Member), Secretary, Department of Economic Affairs (Member), Secretary of Department concerned (to be co-opted).<\/li><\/ul><\/li><li><strong>Objectives:<\/strong><ul><li>To bring synergies, ensure timely clearances from different departments and Ministries and provide investment support and facilitation to global investors.<\/li><li>To evaluate investments put forward by the departments on the basis of their (i) project creation (ii) actual investments that come.<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><strong>Project Development Cell(PDC):<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Composition: <\/strong>The cell will be under the guidance of the Secretary, an officer not below the rank of Joint Secretary of each relevant central line Ministry.<\/li><li><strong>Objectives::&nbsp;<\/strong><ul><li>To develop investable projects with all approvals in coordination between Central Government and State Governments and in turn increase FDI inflows.<\/li><li>To identify issues that need to be resolved in order to attract and finalise the investments and put forth these before the Empowered Group.<\/li><\/ul><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: Union Cabinet has approved the setting up of an empowered group of secretaries(EGoS) and project development cells(PDCs) in Ministries and departments for attracting investments to India. Facts: Empowered Group of Secretaries(EGoS): Composition: Cabinet Secretary (Chairperson) Secretary, Department for Promotion of Industry and Internal Trade (Member Convenor) CEO, NitiAayog (Member), Secretary, Department of Commerce (Member),&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cabinet-sets-up-secretaries-group-to-attract-investment\/\">Continue reading <span class=\"screen-reader-text\">Cabinet sets up Secretaries\u2019 group to attract investment<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127,2122],"tags":[4121],"class_list":["post-86557","post","type-post","status-publish","format-standard","hentry","category-economy","category-miscellaneous","tag-empowered-group-of-secretariesegos","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704937581},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86557"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86557\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}