New Delhi, March 30 (FN Agency) Project Monitoring Group under Commerce Ministry reviewed 374 high impact infrastructure projects in FY 2021-22, an official statement said on Wednesday. During the same financial year, 787 new projects with an investment value of Rs 19.6 lakh crore were brought on PMG for monitoring and 44 projects with an investment value of Rs 1.25 lakh crore were commissioned. PMG, institutional mechanism to facilitate resolution of issues in infrastructure projects, has been convening regular review meetings between project proponents, State Governments and Union Ministries to accelerate project implementation through expeditious resolution of issues.
Since April 2021, PMG has organized 30 review meetings with nearly all State Governments and Central Ministries. With the co-operation and active participation of the State Governments and Ministry Officials, 374 projects with a value of approximately Rs 17 lakh crore were reviewed during the meetings and as a result of regular reviews, 568 issues in 248 projects worth Rs 12.20 lakh crore were resolved. Some marquee projects where pending issues were resolved include BharatNet, North East Gas Grid, Sivok Rangpo New Rail Line, and Jagdishpur – Haldia and Bokaro – Dhamra Pipeline Project (including Baruani Guwahati Pipeline Project), the statement added.