CABINET SETS UP SECRETARIES’ GROUP

CABINET SETS UP SECRETARIES’ GROUP TO ATTRACT INVESTMENT 

• The Union Cabinet approved the setting up of an empowered group of secretaries (EGoS) and project development cells (PDCs) in Ministries and departments attracting investments to India
• It would help domestic industries and lead to direct and indirect employment
• It would “reinforce India’s vision of becoming a $5 trillion economy by 2024 – 25”

• EGoS would be chaired by the Cabinet secretary and would include the Secretary of the Department for Promotion of Industry and Internal Trade as member convener and the NITI Aayog CEO, the Commerce Secretary, the Revenue Secretary and the Economic Affairs Secretary as members. The Secretary of the Department concerned would be co-opted, depending on the project