The Project Monitoring Group (PMG), attached to the Cabinet Secretariat, sorted out problems for some 84 mega projects totalling Rs 3.71 lakh crore investments in the past seven months since the inception of the group.
Anil Swaroop, Chairman of the PMG, informed that actually problems for more projects of about 137 have been resolved. But, PMG received clear information about 84 projects. Other project implementation agencies, mostly private sector ones, have been slow in filing updated inputs about progress of their projects, According to Swaroop.
PMG identified some 419 stalled projects worth almost Rs 20 lakh crore. He said projects related to coal mining and evacuation formed the biggest chunk of the stalled projects followed by ones that were stuck because of non-availability of forest or environmental clearances.
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