Finance Minister P Chidambaram informed Rajya Sabha that the government would take an early decision on the proposal to set up a National Investment Board (NIB) under Prime Minister Manmohan Singh. The board is intended to expedite clearances for mega projects. A proposal is under consideration for constitution of a Cabinet committee with Prime Minister as ch
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Analysis: Balancing requirement and availability
While the gap in debt requirement versus availability towards meeting the 12th Plan target is enormous and requires focused effort to address, equity investors will now look for steadier long-term investments,