Cabinet Committee on Investment meeting on Jan 30

The first ever meeting of Cabinet Committee on Investment is likely to take place on January 30. It seems that the committee may discuss clearances for exploration & production in New Exploration Licensing Policy (NELP) blocks, reports CNBC-TV18 quoting sources.

It is learnt that the cabinet is meeting on Thursday and may take up the pending proposal of reviving Scooters India . The government is looking to infuse about Rs 200 crore in the ailing 3-wheeler company. 

Speaking to CNBC-TV18 Montek Singh Ahluwalia expressed confidence that the Cabinet Committee on Investment will be able to clear project hurdles within the next six weeks.

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