The Investment Commission of India (ICI) is a three-member investment commission, set up in the
Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance.
Lists of current ministries of finance
Named "Ministry"
* Ministry of Finance (Afghanistan)
* Ministry of Finance and Eco ...
in December 2004 by the
Government of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...
.
Ratan Tata
Ratan Naval Tata, GBE (born 28 December 1937) is an Indian industrialist and former chairman of Tata Sons. He was also the chairman of the Tata Group from 1990 to 2012, serving also as interim chairman from October 2016 through February 2017. ...
is the Chairman and
Deepak Parekh
Deepak Parekh (born 18 October 1944) is an Indian businessman and the Chairman of Housing Development Finance Corporation, India's leading housing private development finance institution. It is based in Mumbai.
Education
Parekh completed his ...
and Dr.
Ashok Sekhar Ganguly
Dr Ashok Shekar Ganguly noted industry expert and former chairman of Hindustan Lever, was a nominated member of the Rajya Sabha. His term ended on 17 November 2015.
Early life and education
He was born on 28 July 1935 in Patna to Sekhar Nath an ...
, former
Hindustan Lever
Hindustan Unilever Limited (HUL) is a consumer goods company headquartered in Mumbai, Maharashtra. It is a subsidiary of Unilever, a British company. Its products include foods, beverages, cleaning agents, personal care products, water purif ...
chairman, are members.
History
The Investment Commission has been set up to enhance and facilitate investment in India. The Commission makes recommendations to the Government of India on policies and procedures to facilitate investment, recommends projects and investment proposals that should be fast-tracked/mentored, and promotes India as an investment destination.
ICI is now abolished.
See also
*
Planning commission of India
The Planning Commission was an institution in the Government of India, which formulated India's Five-Year Plans, among other functions.
In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to diss ...
References
{{Indian commissions
Indian commissions and inquiries
Foreign trade of India
Inward investment
Investment in India