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New policy to help Goa receive Rs 25,000 cr investment

Updated: Jun 19, 2014 01:40:59pm
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Panaji, Jun 19 (KNN) The Goa government has approved new investment policy to facilitate Rs 25,000 crore of investment and to create 50,000 jobs in the next five years with a focus on promoting non-polluting projects in industry, tourism and information technology and the health sector.

Chief Minister Manohar Parrikar said his government would streamline, in the next two-three weeks, legal issues to make the new policy work. 

The state agencies would help the industries receive clearances from the central government as well.

The investment policy has proposed initiatives to have a positive impact on the investment climate for pharmaceuticals and biotechnology companies.

The initiatives include revamp of courses and syllabi offered in colleges in the state by way of starting M Pharm course.

The policy also aims at providing 24x7 quality power to the industries using innovative and socially acceptable mechanisms to minimise unscheduled power interruptions. (KNN/ST)

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