Project monitoring group resolved projects worth Rs. 5.7 lakh crore
“The Government of India has set up a project monitoring group to fast-track projects worth Rs 1,000 crore. The group tasked with the job of clearing 449 projects worth Rs 22 lakh crore has successfully resolved 163 projects worth Rs 5.7 lakh crore,” said Anil Swarup, Additional Secretary and Chairman, Project Monitoring Group, Cabinet Secretariat, Government of India, during an interactive meeting on “Investor After Care” jointly organised by MVIRDC World Trade Centre and All India Association of Industries.
Elaborating on the working of the project monitoring group, Mr Swarup said timely implementation of projects is the sole criteria of the group. For the purpose the group has adopted digitalisation by creating a national portal. The portal receives problems faced by the industry which is automatically sent across concerned ministries. The transparent flow of information ensures immediate action on the part of the government while restricting unfair practices such as corruption and ensuring accountability in the system.
Also, the project monitoring group periodically meets central and state officials to discuss and disperse pending proposals.
Enumerating on the future activities of the project monitoring group, Mr Swarup said the group intends to form an interstate website to fast-track state projects in the range of Rs 100 crore to Rs 1,000 crore.
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