Is the Govt’s PMG Fast-Tracking Over 3,000 Projects Worth More Than Rs 78 Lakh Crore?
Click to start listening
Synopsis
The government's Project Monitoring Group is making significant strides in overseeing a large number of projects, promising faster execution and enhanced investor confidence. With a remarkable resolution rate, the PMG plays a crucial role in India's infrastructure development, aiming for a prosperous future by 2047. Discover how this initiative is set to transform the investment landscape.
Key Takeaways
- PMG oversees over 3,000 projects worth more than Rs 78 lakh crore.
- Achieved a 94% resolution rate for project-related issues.
- Key role in enhancing investor confidence and easing the business environment.
- Supports both Public and Private investment projects.
- Established in 2013 and integrated into the PMO in 2015.
New Delhi, Jan 18 (NationPress) The government's Project Monitoring Group (PMG) is actively enhancing the execution of significant projects, currently overseeing over 3,000 initiatives valued at more than Rs 78 lakh crore, as stated by Commerce and Industry Minister Piyush Goyal on Sunday.
The Group has realized an impressive 94 percent resolution rate in its efforts to develop world-class infrastructure.
“As we stride towards Viksit Bharat 2047 supported by robust infrastructure growth, the Project Monitoring Group (PMG) embodies PM Narendra Modi's vision of 'Reform, Perform, and Transform',” the minister shared on X.
Goyal emphasized that through structured, time-sensitive issue resolution and addressing regulatory and coordination hurdles, “PMG has established itself as a fundamental support for India’s project execution framework.”
“As India advances in its growth trajectory, PMG’s function has become increasingly vital, facilitating quicker project execution, boosting investor confidence, and improving the ease of doing business,” the Commerce Minister pointed out.
Established as a unique cell within the Cabinet Secretariat, Government of India in 2013, PMG was later integrated under the Prime Minister’s Office (PMO) in 2015.
Currently, PMG operates within Invest India, Department of Industry and Internal Trade (DPIIT), Ministry of Commerce. This transition aimed to create a comprehensive support hub for investors at every stage of the investment journey, including issue resolution. The Prime Minister’s Office designated PMG as the Secretariat to the Monitoring Group in August 2021.
Regarding issues, PMG assists all mid and large-scale Public, Private, and Public-Private Partnership (PPP) Projects by expediting approvals, addressing sector-specific policy concerns, and eliminating bottlenecks to accelerate project commissioning.
While primarily focused on infrastructure projects, PMG also includes projects from other sectors, provided they meet the investment threshold, as per government regulations.
Point of View
The PMG's proactive approach reflects a commitment to creating a conducive environment for investment and infrastructure development. Its role in resolving issues promptly is essential for maintaining investor trust and promoting economic growth. This initiative aligns with the broader vision of a developed India by 2047, serving the nation’s interests and aspirations.
NationPress
18/01/2026
Frequently Asked Questions
What is the Project Monitoring Group (PMG)?
The PMG is an institutional mechanism established by the Government of India to monitor and expedite large-scale projects, ensuring timely issue resolution and addressing regulatory bottlenecks.
How many projects is PMG currently overseeing?
PMG is currently monitoring over 3,000 projects, with a total investment exceeding Rs 78 lakh crore.
What is the resolution rate achieved by PMG?
PMG has achieved an impressive 94% resolution rate in its efforts to enhance infrastructure development.
When was PMG established?
PMG was established in 2013 as a special cell within the Cabinet Secretariat and later brought under the Prime Minister’s Office in 2015.
What types of projects does PMG support?
PMG supports mid and large-sized Public, Private, and Public-Private Partnership (PPP) projects, focusing on expediting approvals and addressing policy issues.
