The
PIB considers investment proposals of the Central Government Ministries
in regard to their Public Sector Undertakings. Under the existing
guidelines, Central Sector Projects costing Rs.100 crores and
above are considered by PIB. Secretary (Expenditure) is the Chairman
of the PIB and Joint Secretary (Plan Finance-II) acts as the Secretary
to the Board.Besides its role of an "Appraisal Agency"
in all projects schemes considered by PIB/EFCs, Plan Finance Division
processes Notes for Cabinet/CCEA for obtaining Finance Minister's
concurrence.
For
more information click on the following link:
Public Investment Board