Context:

• Government has reviewed 20 large-scale infrastructure projects with issues enlisted for resolution, with the Project Monitoring Group on the 29th of June, 2021.

Among the projects reviewed, a few notable names are as follows:

• Dedicated Freight Corridors along eastern and western routes will augment capacity of rail freight transportation and establish industrial zones at junction points
• Amritsar Kolkata Industrial Corridor traverses through 7 States and facilitate development of industrial manufacturing in the influence region of Eastern Dedicated Freight Corridor

About Project Monitoring Group (PMG):

• The Project Monitoring Group (PMG), Invest India is an institutional mechanism for the expedited resolution of issues and regulatory bottlenecks in projects with investments upward ₹ 500 Cr. in India.
• 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.
• Currently, PMG is situated at Invest India, Department of Industry and Internal Trade (DPIIT), Ministry of Commerce.
• This relocation was enabled in order to create a one-stop facilitation destination for investors at all stages of the investment process, including issue resolution.
• There are several projects from key sectors for which the PMG undertakes issue resolution.
• The projects are largely from the infrastructural nature, however PMG accepts projects from all sectors, as long as they meet the threshold requirement.

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