The Assembly on Tuesday adopted a Bill that paves the way for private persons to be appointed the Chief Executive Officer (CEO) of the Tamil Nadu Infrastructure Development Board (TNIDB), a post hitherto held by the Secretary of the Finance Department.
“To further encourage private sector participation in infrastructure development and to fast track the entire process from concept to execution of projects, it is essential that the institutional framework is strengthened, the procedures are simplified and functions are delegated at the appropriate levels,” said the Bill, moved by Minister for Finance and Human Resource Management Palanivel Thiaga Rajan.
