India Business
Facilitation centre for overseas Indians coming up this year
Jan 9, 2007 - 10:37:31 PM

New Delhi, Jan 9 - A facilitation centre that will serve as a single window for overseas Indians in getting investment advisory services will be opened within a year.

Speaking at the valedictory session of the Pravasi Bharatiya Divas - 2007, the annual conclave of the Indian diaspora, Minister for Overseas Indian Affairs Vayalar Ravi said: 'The prime minister announced - the setting up of an overseas Indian facilitation centre, to serve as a single window for investment advisory services. May I assure you that we have done some thinking on it, and well before we meet again at PBD 2008, we will establish this centre.'

He said his ministry had done the groundwork for a central council of overseas employment for the benefit of overseas Indian workers and it would be launched over the next few months.

The government would move forward quickly on the proposed PIO - university, Ravi said.

'We will soon finalise the policy framework to establish the university in a special economic zone under the Universities Grants Commission Act,' he said.

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