Panaji (Goa): The State government on Friday reconstituted the Goa Investment Promotion and Facilitation Board (IPFB) under the chairmanship of Chief Minister Manohar Parrikar, for facilitating single window clearance for the investors to invest in the State.

The term of the earlier Board that was first constituted under the Goa Investment Act in November 2014, end in December last year.

In an order issued, 12 member Board is been reconstituted with Chief Minister and Minister for Industries being the Ex Officio Chairperson. Minister for Information and Technology Rohan Khaunte and Minister for Tourism Manohar Azgaonkar are appointed as the vice chairperson of the Board.

The other members of the IPFB consist of Secretary Industries and Tourism, Atrey Sawant, Ernest Dias, Yatin Kakodkar, Girish Bharne, Rajkumar Kamat and Shekhar Sardessai. The Chief Executive Officer (CEO) will be the member secretary.

Till December, last year, the Board held eleven meetings granting in-principle approvals to 152 projects with total proposed investment of Rs 11,759.41 crores with employment potential of 26,600 persons.

The Board came under major criticism, over controversial permission like to M/s Vani Agro Farms Pvt limited for setting up of alcohol and brewery industry- red category industry at Amdai in Sanguem Taluka, M/s Ozone Leisure and Resorts Pvt Ltd, promoters of the Vanxim resort. It also drew flak over Rs 500 crore marina project, which was later kept on hold.

Team TNV