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The panel would suggest measures for removing any bottlenecks in the overall functioning of the statutory bodies like SFIO, IEPFA, NFRA.
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Showcasing significant investment opportunities in manufacturing and infrastructure sector, Finance Minister Arun Jaitley has invited Australian businesses to come and invest in India as he wraps up his four-day visit to the Asia Pacific country.
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The Finance Minister said India has benefited significantly from the decline in global oil prices.
"We are expecting that more states will send their response. If we will not get, then the DIPP will start the process. By month end we will start doing that," a senior official said.
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