<p>The Union Cabinet on Thursday deferred decision on setting up National Investment Board (NIB) as Prime Minister Manmohan Singh wanted more inter-ministerial discussions on the proposal.<br /><br /></p>.<p>The proposal to set up a high-level body for according speedy clearance to infrastructure projects entailing investment in excess of Rs 1,000 crore was initially mooted by Union Finance Minister P Chidamabram.<br /><br />The Prime Minister wanted more discussion to he held on the issue, said a Cabinet Minister who attended the Thursday’s meeting.</p>
<p>The Union Cabinet on Thursday deferred decision on setting up National Investment Board (NIB) as Prime Minister Manmohan Singh wanted more inter-ministerial discussions on the proposal.<br /><br /></p>.<p>The proposal to set up a high-level body for according speedy clearance to infrastructure projects entailing investment in excess of Rs 1,000 crore was initially mooted by Union Finance Minister P Chidamabram.<br /><br />The Prime Minister wanted more discussion to he held on the issue, said a Cabinet Minister who attended the Thursday’s meeting.</p>