Amendment status not verified — confirm the current text below against the official source.
The Kerala State Investment Promotion Monitoring Committee shall exercise the following powers and perform functions, namely:-- (a) to convene meeting at such time and place as the Chairperson may fix and transact business in the manner as may be prescribed; (b) to implement the decisions taken by the Kerala State Investment Promotion Board in a time bound manner; (c) to issue the necessary proceedings and regulations for the implementation of decisions taken by the Kerala State Investment Promotion Board; (d) to take steps for the co-ordination of various departments and monitor the implementation of the schemes in time bound manner; (e) to take steps to simplify rules or directions, if any, existing against the investment climate. Explanation.-- For the purpose of this section "scheme" means the scheme as declared by the Government by notification in the Gazette.