The IPB has been a key player behind drastic changes to the Goan landscape, transcending environmental safeguards and constitutional institution.
The IPB overrides all state, town and village-level laws related to clearing industrial growth, including those formed under the the 73rd and 74th Amendments to the Constitution.
Any firm that wants to invest more than Rs 5 crore in the state, and assures job creation, can approach the Board.
At a speed that will make business lobbies drool, the IPB has cleared 71 projects worth over Rs 7,000 crore in just nine meetings since it was established in October 2014.
In just one meeting on 21 January, the board cleared nine projects worth nearly Rs 1,900 crore, including four five-star hotels on the coast in the Bardez region, and a mall.