Project Monitoring Group

Consider the following statements with reference to the Project Monitoring Group (PMG) Portal:

  1. Project Monitoring Group (PMG) is an institutional mechanism for expedited resolution of issues and regulatory bottlenecks in projects with an investment of INR 500 crores and above in India.
  2. It was set up as a special cell in the Cabinet Secretariat, Government of India in 2014 and was subsequently brought under the administrative control of the Prime Minister’s Office (PMO) in 2016.

Choose the correct answer from the codes given below:

Only 1
Only 2
Both 1 and 2
Neither 1 nor 2