ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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One More from Pandora’s Box

National Investment Board

The proposal for an all-powerful National Investment Board to clear large projects has stirred opposition, including from within the government. The opposition has been about riding roughshod over the concerns of some ministries. But the NIB proposal also throws up larger issues. Has India's economic growth really meant "development" in the true sense of the word, and how sustainable and equitable is it? Measures like the NIB may well help in taking the growth rate a notch up, but is this necessarily good? Who is the real "terrorist": those who "delay" investment projects in the name of the environment or people's rights, or those who impose such projects in the name of development?

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