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Project Monitoring Group
Consider the following statements with reference to the Project Monitoring Group (PMG) Portal:
- 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.
- 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:
A |
Only 1
|
|
B |
Only 2
|
|
C |
Both 1 and 2
|
|
D |
Neither 1 nor 2
|
Your Ans is
Right ans is A
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- The Project Monitoring Group (PMG) is an institutional mechanism for the expedited resolution of issues and regulatory bottlenecks in projects with investments upward Rs. 500 Crores in India.
- It aims to facilitate issue resolution in projects that are facing delays or awaiting regulatory clearances with State and/or Central Ministries.
- It was set up as a special cell in the Cabinet Secretariat, Government of India in 2013 and was subsequently brought under the administrative control of the Prime Minister’s Office (PMO) in 2015.
- In February 2019, PMG was merged with Invest India, Department of Industry and Internal Trade (DPIIT), Ministry of Commerce.
- PMG seeks to enlist unresolved project issues of all Public, Private and ‘Public–Private Partnership’ (PPP) Projects and undertakes fast-tracking of approvals, sectoral policy issues and removal of bottlenecks in expeditious commissioning.
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