In an exclusive interview, Rajiv Lall, Chairman, IDFC says that the infrastructure sector is a complex industry and infra funding is an even more complex activity. I agree that that these alternate modes of finance are needed to see some momentum but modes such as infrastructure
The Project Monitoring Group (PMG) in Cabinet Secretariat, Government of India will be launching the web-based clearance system for issues pertaining to environment, mining and coal linkages of the stalled projects beginning September this year.
Kerala has set up a web portal on the lines of the Project Monitoring Group (PMG) of the Cabinet Committee on Investments at the Cabinet Secretariat in New Delhi. The portal will monitor the implementation of projects with an outlay of up to Rs 1,000 crore.
In a bid to try and get to the root cause of the delays that were stalling the implementation of projects in the country, the Project Monitoring Group (PMG) under its Chairman Anil Swarup has initiated a process to digitise the whole procedure through which clearances happen. "Our job at the PMG will get reduced as then we will know why the delays are happening and the clogging will not happen.
The 6th Annual India Roads Conference organised by ASAPP Media invited industry think tanks and sector people to deliberate, discuss and ponder over the issues plaguing the roads sector in the country. The conference focused on 'Accelerating India's Road to Growth'.
The Project Monitoring Group (PMG) set up by Prime Minister Manmohan Singh has cleared Rs 5.1 lakh crore worth of infrastructure projects in less than a year, prompting over a dozen states keen on setting up similar monitoring cell in their respective states.
Investors want the mandate of Project Monitoring Group (PMG) widened to ensure timely decisions on their investments. At a conference, Anil Singh, Senior Vice-President and Managing Director, DP World, enquired if the mandate of PMG would also be widened to look into FDI already made in the port sector.